Firms To Watch: Banking and finance: Zurich

The team at Teichmann International advises banks and other financial institutions as well as UHNW individuals on a broad range of areas in banking and financial markets law as well as related areas, such as compliance and white-collar crime. The team is headed by Fabian Teichmann and Urs Bigger.

Banking and finance: Zurich in Switzerland

Baker McKenzie Switzerland AG

Baker McKenzie Switzerland AG offers a full service with a particular strength in regulatory matters. The team advised various financial institutions on the new economic sanctions connected to the current war in Ukraine and has played an active role in advising industry players in the implementation of the new Finance Services Act and the Financial Institutions Act. Other practice areas include acquisition finance, asset finance, and financial restructuring. Samuel Marbacher, who specialises in syndicated lending and real estate financing, and Markus Wolf, who has extensive experience in advising on multijurisdictional leveraged acquisition, both head the team. Another key team member is Lukas Glanzmann who plays an active role in advising financial creditors on complex financings.

Practice head(s):

Samuel Marbacher; Markus Wolf

Other key lawyers:

Lukas Glanzmann


‘Solution-driven consulting, which is customized based on the specifics of the client – fast reaction – clear, precise and efficient communication of content.’

‘High level of experience – solutions which are practical – discussion in which the input from both sides is used to find the best result – quick response – always available.’

‘A team with proven expertise in all legal aspects of banking and finance and able to answer even short-term inquiries very promptly.’

Key clients

UBS AG / UBS Switzerland AG

Credit Suisse AG / Credit Suisse (Schweiz) AG


Crédit Agricole Corporate and Investment Bank (CA-CIB)

IG Bank SA

Zürcher Kantonalbank

Bank Julius Baer

Société Générale


UniCredit Bank AG

ING Bank N.V.


Commerzbank Aktiengesellschaft

Aareal Bank


Deposit Solutions GmbH

Ambienta Capital

Ufenau Capital Partners

Quilvest (Switzerland) AG

Arbonia AG

Deutsche Beteiligungs AG (DBAG)

Patrimonium Private Equity Fund

Energy Infrastructure Partners AG

RRJ Capital

Yorkville Advisors

CSA Energy Infrastructure Switzerland

Fundamenta Real Estate AG

Clariant AG

Argo-Hytos Group

Allied World Group

Georg Fischer

Comet Holding

Walter Meier AG

MET Group

Cimpress plc

Duagon Holding AG

Canton of Geneva

Edyn Group


VAT Group AG

Feintool International Holding AG

Work highlights

  • Advised UBS on the conclusion of a CHF 9 billion loss protection agreement with the Swiss Confederation, which is the cornerstone element of the merger between UBS and Credit Suisse.
  • Advised Georg Fischer (GF) on up to  €1.05 billion and CHF400 million acquisition facilities for the financing of its voluntary public cash tender offer for all shares in Finnish piping system specialist Uponor.
  • Advised Swiss Property AG on the conversion of its CHF 1.8 billion bond portfolio to green bonds and the conversion of its loan portfolio to sustainability-linked loans.

Bär & Karrer Ltd.

Bär & Karrer Ltd. advises high-profile national and international clients including banks, asset managers, fintech companies, and other financial institutions. The team is active across a range of issues including regulation of distributed ledger technology and enforcement proceedings for shareholding disclosure rules, anti-money laundering, and unauthorised banking. Eric Stupp heads the team and regularly advises clients on regulatory matters, enforcement proceedings, and financial transactions. Other core names within the team include Ralph Malacrida who specialises in M&A and corporate financial transactions and Peter Hsu who regularly advises domestic and international banks and fintech businesses on cross-border regulatory and contractual matters. With a special focus on fintech, Daniel Flühmann is a key contact who regularly advises financial innovators and established market participants. Capital markets and finance expert Lukas Roesler specialises in advising various actors involved in financial transactions.

Practice head(s):

Eric Stupp; Ralph Malacrida; Peter Hsu; Daniel Flühmann; Lukas Roesler

Other key lawyers:

Joel Fischer; Christian Kunz; Micha Schilling; Gadi Daniel Winter; Tiffany Ender; Faton Aliu; Stephanie Walter


‘For me, Bär & Karrer is clearly Switzerland’s best law firm. They have excellent attorneys and as a client, you get the best team. In the case of Bär & Karrer, clients come first – and not short-term commercial interests.’

‘Joel Fischer is a brilliant mind and an outstanding attorney with an impressive track record working on high-profile international banking engagements. His work on US enforcement matters, tax obligations, anti-financial crime, or anti-corruption cases was consistently excellent.’

‘Eric Stupp is a fantastic attorney and likely the most experienced Swiss lawyer for important banking matters. He led critical investigations in the banking sector related to tax compliance and other financial crime matters. Stephanie Walter is a very diligent and highly gifted attorney.’

‘Responsiveness is excellent, delivery of products which can be used, very good quality of work.’

‘Powerful, exceptional and outstanding partners, such as Peter Hsu, Daniel Flühmann and Eric Stupp.’

‘Baer-Karrer team is always ready to help, and they are very approachable. They are a key partner of our firm, and we owe a debt of gratitude to them for the excellent service they provide.’

‘The banking and finance team of Bär & Karrer works very professionally and at the same time provides or delivers their service very pragmatically and tailored to the specific needs of the client.’

‘Peter Hsu is a long-time partner of the team with whom we have worked for many years. He listens and is very specific about our needs. The result of his service is perfectly matched to our internal needs. Based on his professionality he is able to excellently assess the involved risks and to find the perfect solution which fits the business needs.’

Key clients

UBS Group AG

ION Asset Management

Liechtensteinische Landesbank

Orthos Advisory AG

Bitcoin Suisse AG

Orthos Advisory AG


Liechtensteinische Landesbank

Credit Suisse

Tecan Group Ltd.

Rothschild Bank AG

Cembra Money Bank AG

Morgan Stanley International, London, Zurich Branch

Work highlights

  • Advising UBS on the acquisition of Credit Suisse.
  • Acting as legal advisor to Liechtensteinische Landesbank AG (LLB) in connection with the public tender offer and the subsequent cancellation procedure and as counsel for Bank Linth for the delisting procedure.
  • Assisted a Swiss asset manager in setting up the regulatory framework to comply with the requirements pursuant to the Swiss Financial Institutions Act and Swiss Financial Services Act in the context of its licensing process with FINMA.


Homburger advises several high-profile clients on financial transaction matters and takes an active role in the development of new legislative acts such as the new Swiss Financial Services Act and the new Swiss blockchain legislation. Benedikt Maurenbrecher heads the team and has expertise in a broad range of transactions such as bonds, secured and unsecured lending. Jürg Frick heads the financing and investment products team and focuses on international high-yield bond offerings and structured financing. Daniel Haeberli’s practice focuses on secured lending, syndicated debt, and structured financing. Other core team members include Stefan Kramer, whose focus is on asset-based and structured finance, René Bösch who regularly acts as senior advisor to banks and was involved in the crafting of the new Swiss Financial Services Act and Benjamin Leisinger, who specialises in financing transactions.

Practice head(s):

Benedikt Maurenbrecher

Other key lawyers:

Jürg Frick; Daniel Haeberli; Stefan Kramer; René Bösch; Benjamin Leisinger; Stefan Bindschedler; Alexander Wherlock


‘The team has dealt with various complex topics (e.g. contract issues and negotiations with third parties, regulatory issues, issuance of various financial products). The team handled them very well and to our fullest satisfaction.’

‘Fast response times and answers, straightforward dealings, solution-oriented and with a forward-looking view. The team is very well coordinated internally. ’


Key clients


UBS Switzerland

ING Bank

AMAG Leasing



Credit Suisse (Switzerland)

AE Group

OC Oerlikon


Citigroup Global Markets


Zürcher Kantonalbank

GTT Communications

Dätwyler Holding, Datwyler Parco Holdings

Fluence Energy

Raiffeisen Genossenschaft Schweiz


Goldman Sachs

LMG Life


U.C. Cotton




Clear Channel




Meyer Burger


Basellandschaftliche Kantonalbank


ADC Therapeutics SA

Work highlights

  • Advised AtlasEdge on milestone sustainability-linked EUR725 m loan facilities
  • Advised Raiffeisen Schweiz on incorporating its six branches in separate legal entities as new Raiffeisenbanken.
  • Advised ING Bank and a syndicate of 17 banks on high-profile €2.3 bn multicurrency revolving credit facility with Axpo

Lenz & Staehelin

Full-service firm Lenz & Staehelin  ‘boasts a wealth of experience’ in all banking and finance matters including refinancing transactions, sustainability-linked financings, acquisition financings, growth company financings, and financial restructurings as well as regulatory matters, fintech work, and issuing legal opinions. Practice head Marcel Tranchet has extensive expertise in syndicated financings, bond offerings, and derivatives. Structured and lease finance specialist Patrick Hünerwadel has a broad regulatory practice with a focus on financial institutions and financial market infrastructures. Patrick Schleiffer has a special focus on financial market law and financial services regulation. Martin Burkhardt is an expert on banking-related disputes.

Practice head(s):

Marcel Tranchet

Other key lawyers:

Patrick Hünerwadel; Patrick Schleiffer; Martin Burkhardt; Patrick Schärli; Norman Walczak; Christian Grahlmann; Sven Infanger


‘Best in class, outstanding.’

‘Marcel Tranchet is the best finance lawyer in the Swiss market.’

‘Lenz & Staehelin combines expertise from all areas of business law into high quality, effective advice. Their banking and finance practice boasts a wealth of experience on legal topics combined with relevant insights on commercial aspects and market practice.’

‘The collaboration with Beat Kühni and his team is highly efficient, and their advice is always to the point and very helpful. He has an in-depth understanding of our industry and broad knowledge and experience on scale-up companies in general.’

‘The team is well established in the market, knows applicable standards and advises in a business-oriented manner.’

‘Marcel Tranchet is responsive and strong. We appreciate the effective and pragmatic approach.’

‘Excellent practitioners with deep technical and commercial understandings.’

‘Marcel Tranchet is a very skilled lawyer and a tough negotiator.’

Key clients


Amundi Suisse SA

Ares Life Sciences / Waypoint

Aviva Investors Global Services

Banque Lombard Odier & Cie SA

Banque Syz SA

BNP Paribas Group


Barclays Bank

Citibank Group


Crédit Agricole

Credit Suisse

Deutsche Bank

Edmond de Rothschild Group

Equistone Partners


Goldman Sachs




ING Bank


Banco Itau

J.P. Morgan


Macquarie Group

New York Digital Investment Group



On Holding

OROX Asset Management

Pargesa Holding SA

Pensionskasse SBB

Pictet Group



Raiffeisen Bank


REYL Intesa Sanpaolo


SIX Swiss Exchange

Société Générale


Stadler Rail


Swissquote Bank SA



Unigestion S.A.



VTG Aktiengesellschaft

Work highlights

  • Facilitated the On Group’s inaugural syndicated bank debt financing.
  • Acted as lead counsel to the Stadler Rail Group in a CHF 2.8 billion multicurrency credit facilities agreement with an international syndicate of banks.
  • Representing the Sika Group in the financing of the CHF 5.5 billion acquisition financing of the MBCC Group.

Niederer Kraft Frey AG

Niederer Kraft Frey AG advises high-profile clients on a broad range of banking and finance matters such as regulatory compliance and enforcement, banking litigation, banking insolvency, and financing transactions. The practice is headed by the ‘renowned and well-respected’ Sandro Abegglen whose practice covers bank and financial service regulatory law, complex contractual work, blocking statutes and KYC/AML regulations, and civil contentious matters. Marco Häusermann specialises in international financing transactions whilst Bertrand Schott focuses on financial services regulations. Philipp Candreia handles investigation and enforcement matters and Thomas A Frick has a key focus on syndicated finance. Other key team members include Adrian Koller and Philip Spoerlé.

Practice head(s):

Sandro Abegglen

Other key lawyers:

Marco Häusermann; Bertrand Schott; Philipp Candreia; Thomas Frick; Adrian Koller; Philip Spoerlé; Simon Bühler; Martin Schaub; Yannick Wettstein; Stefan Härtner; Nina Bremi


‘It is a team that delivers to the point pragmatic and useful legal advice as compared to other firms with a more theoretical approach.’

‘Sandro Abegglen is a renowned and well-respected legal practitioner in the Swiss banking and financial services area. He provides outstanding and respected legal advice.’

‘Premium law firm.’

‘Bertrand Schott is responsive and highly competent. He is also a pleasure to work with.’

‘I commend NKF’s Banking and Finance team for their exceptional client service. They foster a collaborative and supportive environment, ensuring that we feel heard and valued as their clients. It is evident that they genuinely care about the success of their clients.’

‘Sandro Abegglen knows his client’s needs, is very pragmatic, has strong analytical skills and is known for giving practical advice and delivering creative solutions. He is an excellent lawyer and well connected.’

‘The team is top of the line in banking topics, stands out for its quality and on-time services.’

‘I specifically worked with Sandro Abegglen on litigation cases where he contributed his expertise in certain banking and finance topics in order to shape our argumentation.’

Key clients

UBS Switzerland AG

Julius Baer

Bank of America

Ardian Private Equity

ED&F Man Group

Volcafe Ltd.

Crédit Agricole Corporate and Investment Bank

ING Bank N.V.

Deutsche Bank

Zürcher Kantonalbank

Credit Suisse

J.P. Morgan


EQT Partners


Swiss Confederation


Clariant AG

Gasverbund Mittelland AG

Work highlights

  • Advised the Swiss Confederation on the conclusion of a CHF9 billion Loss Protection Agreement (LPA) with UBS Group AG.
  • Advised UBS Switzerland,Credit Suisse, Deutsche Bank Luxembourg S.A., NATIXIS and Zürcher Kantonalbank on a new CHF 500 million syndicated revolving credit facility for Swiss Life.
  • Advised Bank of America, acting as bookrunning mandated lead arranger, on the financing of DKSH’s acquisition of Terra Firma and the subsequent take-out financing.


Corporate law firm Advestra has extensive expertise in finance, M&A matters, capital markets, financial services, and tax. The firm often collaborates with specialists from other firms. Rashid Bahar has in-depth knowledge of the regulation of financial services whilst Alexander von Jeinsen handles complex financing transactions. Sandro Fehlmann advises domestic and foreign insurance companies, banks, securities dealers and other financial intermediaries on a wide range of regulatory and corporate matters. Annina Hammer advises on financing transactions, including syndicated credit agreements and cash pooling arrangements.

Other key lawyers:

Rashid Bahar; Alexander von Jeinsen; Sandro Fehlmann; Annina Hammer

Key clients

Green Group AG


Credit Suisse

Zürcher Kantonalbank

Raiffeisen Switzerland

Basler Kantonalbank

Société Générale


SIG Group AG

InfraVia Capital

Baring Asset Management




Work highlights

  • Advised Green Datacenter, backed by InfraVia, on a comprehensive refinancing.
  • Advised private investment house Ardian on its investment in the Mimacom Flowable Group.
  • Advised the Swiss Government on the establishment of a rescue package amounting to a total of CHF 10bn for the electricity sector.

Kellerhals Carrard

Kellerhals Carrard’s expanding team advises high-profile domestic and international clients, including banks, securities firms, asset managers and insurance companies with asset management entities on a wide range of banking and finance-related areas such as financial regulation, investment banking, complex financing transactions, and asset management. The team assists various fintech projects from advising start-ups on the digitalisation of processes to supporting large banks with the structuring of their NFT offerings. Team head Luca Bianchi has a special focus on capital market transactions and the regulation of financial services. Cornelia Stengel has extensive expertise in fintech and regularly advises innovation projects on digitalisation issues. Dominik Oberholzer specialises in financial markets, capital markets, and anti-money laundering matters. Armin Kühne advises clients on asset management, insurance matters, and anti-money laundering matters.

Practice head(s):

Luca Bianchi

Other key lawyers:

Cornelia Stengel; Armin Kühne; Dominik Oberholzer; Lea Ruckstuhl; Michael Kremer


‘The banking and finance team of Kellerhals Carrard has an excellent and comprehensive understanding of banking and finance matters as well as regulatory topics.’

‘Luca Bianci is an absolute pro when it comes to regulatory, banking or finance matters (incl. IPOs). Due to his extensive experience, Luca is often the key person when interactions with relevant stakeholders take place, in particular financial market authorities.’

‘Kellerhals Carrard is a law firm with an excellent record and extensive experience. It specialises in complex issues and has extensive experience resolving highly complex legal, regulatory and fund law matters.’

‘Armin Kühne is a legal attorney with an excellent record, extensive experience and outstanding analytical skills.’

‘The team has a strong expertise in Swiss regulation in the fund and asset management industry. Partners are well connected in the Swiss industry and with authorities, in particular FINMA.’

‘Armin Kühne is well connected in the fund and asset management industry and with relevant Swiss authorities. Therefore, he has a great overview on market practices. ’

Key clients


Swiss FinTech Innovations


Franklin Templeton Group.



Macquarie Group

Sygnum Bank AG

Partners Group

Novo Banco SA

Zürcher Kantonalbank

LGT Gruppe Holding AG


Work highlights

  • Advising UBS AG on financial services regulatory matters and with regards to  the set-up, registration and listing at SIX Swiss Exchange of listed and non-listed funds (total of approx. 150 funds).
  • Advised BKW AG as borrower of its CHF 1.5bn syndicated multicurrency revolving credit facility.
  • Advised Twint AG on regulatory matters.

MLL Legal

MLL Legal is well placed to advise on complex financing structures, financial market infrastructures, securities and asset management, fintech, real estate investment products, anti-money laundering, counter-terrorism financing, and structured products. The team is led by Catrina Luchsinger Gähwiler, who advises clients including banks, investment funds, and payment systems operators on regulatory matters, and Daniel Schoch, who has a special focus on complex syndicated loans, structured finance, and acquisition finance. Dunja Koch has expertise in all aspects of corporate and finance law whilst Alexander Vogel is specialised in banking and finance, financial regulatory, and M&A relating to financial market participants. Karin Oberlin, Samuel Ljubicic, and Reto Luthiger are further key team members.

Practice head(s):

Catrina Luchsinger Gähwiler; Daniel Schoch

Other key lawyers:

Alexander Vogel; Karin Oberlin; Samuel Ljubicic; Reto Luthiger; Ülkü Cibik; Jérôme Pidoux




‘The team is highly responsive and provides holistic advice.’

‘Karin Oberlin and Reto Luthiger have been supporting the project since its inception. They are both highly professional, focus on what is important, and are able to solve problems.’

‘The members of the team are very knowledgeable but most importantly, they also understand how to run a business. They are business-oriented and pragmatic in their approach.’

‘Daniel Schoch is our trusted and highly valued advisor. His understanding of the business needs and the many stakeholders and interests at play, make him a pragmatic and efficient negotiator. We also appreciate his calm approach to the most complex questions and challenging situations.’

‘The M&A team supporting our firm has always provided top-notch senior coverage, with hands-on practical experiences going hand in hand with juridical expertise.’

‘Alex Vogel and his team are top-notch M&A advisory practice with broad experience from public deals to private smaller deals.’

‘MLL is a trusted partner that provides top quality legal support.’

‘Dunja Koch is highly knowledgeable, blending legal expertise with commercial awareness to provide a client-focused service.’

Key clients

ABC Maritime SA


Argentem Creek Partners LP

Apollo Global Management

Backed Finance Ltd and Backed Assets Ltd

Bank of America

Bellevue Group

bfw holding ag

Bitcoin (Suisse) AG

Capiton AG

Central Real Estate Holding AG and Central Real Estate Basel AG

Claritis SA

Credit Agricole

Crypto Finance AG

Crypto Helvetica AG

Oaktree Capital Management

EuroChem Group AG

European Bank for Reconstruction and Development (EBRD)

Global Jet Capital

Hayfin Capital Management LLP

INOKS Capital SA

ING Bank

Julius Baer Group Ltd

OTP Bank Plc


Standard Bank

Standard Chartered Bank

Swiss Bridge Capital


UniCredit Bank

Verifort Capital Services AG

Zurich Airport

Ares Invest SA

Banque Privée BCP (Suisse) SA

Geremant SA

Global Keys SA

ING Bank, N.V. London Branch

Longbow Finance SA

OTP Bank PLC, Hungary

Swiss Bridge Capital

Passy Invest SA

Investa Solutions SA

Reznik Paz Nevo Trusts Ltd.

Work highlights

  • Assisted Apollo Global Management in connection with the acquisition of Credit Suisse’s $5 billion securitized products group (SPG) and related financing businesses.
  • Assisting Argentem Creek UK LLP with the framework of enforcement actions against GNT Group a grain port terminal in Odesa, Ukraine.
  • Advising Backed Finance Ltd. / Backed Assets LLC on the structuring and issuing of tokenized structured products (i.e. tracker certificates on listed financial instruments tradable on the blockchain).


Pestalozzi ‘has an excellent and comprehensive understanding of banking and finance’ assisting clients with domestic and cross-border finance matters, commodities trade financing, and regulatory enforcement. Team lead Oliver Widmer advises domestic and international banks, financial institutions, wealth managers on banking, finance and capital markets matters, while Urs Kloeti focuses on regulatory, anti-money laundering, compliance, and finance. Andrea Huber specialises in asset management, fintech, internal and regulatory investigations, and enforcement proceedings. Markus Winkler advises financial services providers on reviewing existing or setting up new processes and investment techniques while Niku Gholamalizadeh handles an array of regulatory and licencing matters.

Practice head(s):

Oliver Widmer

Other key lawyers:

Urs Kloeti; Andrea Huber; Markus Winkler; Niku Gholamalizadeh


‘Pestalozzi is a powerful force in the Swiss market with a leading reputation in banking regulatory, investment funds and fintech matters. The diverse team is very knowledgeable, effective and responsive – always a pleasure to work with.’

‘We have been working with Andrea Huber for many years. She is incredibly competent, efficient und knows the market well. Andrea is an excellent choice for any banking regulatory, investment funds and fintech challenge.’

‘The banking and finance team of Pestalozzi has an excellent and comprehensive understanding of banking and finance matters as well as regulatory topics. The team has a deep understanding of the practices and needs of a bank.’

‘We like the team because the team has very good legal knowledge and also because of their insights into the market and their pragmatism.’

‘Oliver Widmer stands out as being a very smart lawyer. He is extremely well connected, and he and his team render excellent service.’

‘Andrea Huber was our attorney at Pestalozzi to acquire our FINMA license. She did exemplary work and kept us up throughout the entire process.’

‘Pestalozzi boasts a deep bench of financial service practitioners delivering high-quality work products. The team relishes complexity while maintaining a commercial and constructive approach and is available at all hours. Customer service is top-notch.’

‘Andrea Huber is a fantastic lawyer; she combines commercial instinct and technical ability.’

Key clients

Bank of America

Banque Cantonale de Genève

Barclays Bank

Barclays Capital

Berkshire Hathaway

Blackstone Credit

BNP Paribas


Clarion Partners

Cott Beverages

Credit Suisse

Deutsche Bank

European Bank for Reconstruction and Development (EBRD)


Goldman Sachs


International Finance Corporation

JP Morgan

Kreos Capital VI (UK) Limited

Maxeon Solar Technologies

Metinvest International SA

Noble Corporation

River Rock

Saxo Bank (Schweiz) AG



UniCredit Bank AG

Welltec International ApS

Zürcher Kantonalbank (ZKB)



Louis Dreyfus Group

Work highlights

  • Advised Glencore as borrower on a $6.8bn refinancing.
  • Advised Tupperware with its holding company in Switzerland on a new $600m financing.
  • Advised Deutsche Bank on granting UBS Fund Management (Switzerland) AG a loan of EUR 560m.

Schellenberg Wittmer Ltd

Schellenberg Wittmer Ltd advises on regulatory matters, such as the establishment and licensing of financial institutions as well as supporting clients on transactional matters, including syndicated loan facilities and structured finance transactions. The practice is headed by Philippe Borens whose main practice areas are the regulation of financial intermediaries, equity, and debt capital markets. Anita Schläpfer advises finance institutions and corporate clients on domestic and cross-border acquisition finance whilst Caroline Clemetson handles requests with FINMA for securities firms and fintech banking licenses. Olivier Favre focuses on derivatives, structured finance, and capital markets transactions.

Practice head(s):

Philippe Borens 


‘Anita Schläpfer is very responsive and pleasant to work with. More importantly, on the deals we worked on, she was able to think outside the box and devise creative solutions on the fly.

‘Caroline Clemetson is an industry-leading expert which is reflected in the work she is doing.

‘The firm provides a high level of service.’

Key clients


BNP Paribas

Raiffeisen Switzerland

Credit Suisse

Crypto Fund AG

Nord Anglia Education


eny Finance AG

Bank Julius Baer

Futures Industry Association (FIA)

Swiss Bankers Association (SBA)

China Construction Bank

Reuss Private Group AG

Helvetische Bank AG

Bank Itau (Suisse) SA

Banco Santander

Banque Thaler

Bank Vontobel

Deutsche Bank SA

Diamond Capital Management (Switzerland) Ltd

EFG Bank

Mirabaud & Cie SA


Reichmuth Investment Management AG


Landolt Investment SICAV

Procimmo SA

Oxford Finance LLC


Standard Chartered


Barclays Bank PLC

International Swaps and Derivatives Association (ISDA)

Schroder & Co Bank

Pierer Mobility AG

Alpian SA

Lennox International

Computershare / Equatex

Aldo Group

LokRoll3 AG

Arsenal Capital Partners

CAT Financial Products Ltd.

1875 Finance

Work highlights

  • Acted as counsel to Leonteq Securities AG for the renewal and update of its FinSA Programme for the issuance of structured products, warrants and other debt instruments.
  • Advised LokRoll3 AG, Lucerne on a financing transaction for the acquisition of 35 newly-built Vectron AC locomotives from Siemens Mobility AG.
  • Advising CargoRoll on a secured EUR 135 million financing transaction.


VISCHER‘s ‘pragmatic, intellectually rigorous and strategic’ team advises on a broad range of banking and finance issues including general debt finance, corporate financing transactions, regulatory matters, fintech, and banking litigation. The team is headed by Adrian Dörig who is experienced in advising life sciences enterprises and debt fund lenders on debt financing transactions and other structured finance transactions. Markus Guggenbühl specialises in capital market transactions related to debt, equity, and hybrid financial instruments as well as debt financing and financial services regulations. Jana Essebier has extensive expertise handling derivatives, structured instruments, and other financial instruments. Stefan Grieder advises banks, securities traders, and asset managers on supervisory law matters.

Practice head(s):

Adrian Dörig

Other key lawyers:

Markus Guggenbühl; Jana Essebier; Stefan Grieder; Christian Schneiter; Seraina Jenny-Tsering


‘VISCHER is highly recognized in M&A, Private Equity, Debt Financing, Capital Markets (debt, equity and hybrid, including Tier 1 capital for banks) as well as banking and insurance regulation.’

‘Sharp-minded Markus Guggenbühl and Adrian Dörig are best known in the market – extremely responsive, straightforward and solution driven. Both have vast experience in banking and finance matters and are fully committed to top quality of work.’

‘They are technically excellent and familiar with cross-border financing process. The team is very organised and takes a practical approach to matters.’

‘Christian Schneiter is great to work with and is very diligent. Seems to know Swiss law inside and out and consistently provides well-reasoned solutions.’

‘Christian Schneiter is a very friendly and thorough lawyer. It has been easy and enjoyable to work with him and his team as the local Swiss counsel on our transaction.’

‘Vischer’s team is pragmatic, intellectually rigorous and strategic. Their no nonsense approach is value added in court proceedings in Switzerland and highly appreciated by clients and courts alike.’

‘The team is able to adapt to the situation. They act precisely with a strong commercial approach. In doing so, they think for their client and act in their interests.


Key clients

E3 Holding AG

Fangda Carbon New Material Co., Ltd.

Oberland Capital Management LLC

QoQa Brew SA

AFINUM Management AG

Bank CIC

Bank J. Safra Sarasin

Battery Ventures

Bregal Unternehmerkapital GmbH

Dermavant Sciences, Inc.

Elementum Metals Securities plc

Elliott Advisors (UK) Limited

Eternyze AG

Forty51 Advisors AG

Hardinge Inc.

IKB Deutsche Industriebank AG

Invision AG

Joh. Berenberg, Gossler & Co. KG (Berenberg Bank)


Macquarie Bank

MUFG Bank, Ltd.

Norgine Ventures

Operational Riskdata eXchange Association (ORX) (

Paprec Holding

PricewaterhouseCoopers AG

Privet Fund Management


Rigeto Unternehmerkapital GmbH


Work highlights

  • Advised Oberland Capital Management LLC in connection with a significant finance transaction with the Helsinn Group.
  • Advised Battery Ventures in connection with a complex acquisition financing transaction.
  • Advising Elementum Metals Securities plc on Swiss law issues pertaining to the issuance of and listing of a number of exchange-traded commodities and the custody of the underlying metal they represent.

Wenger Vieli Ltd

Wenger Vieli Ltd is highly active in both financing matters and financial services regulation. Advising on complex regulatory matters and licensing procedures, the team has a deep understanding of the Swiss financial regulatory landscape as well as extensive experience in cross-border situations. Andreas Hünerwadel is head of financing and has a focus on cross-border financing transactions and advising financial institutions on regulatory matters. Martin Peyer heads the financial services practice group and is equipped to advise on digital asset-related matters. Bignia Vieli has expertise in advising financial service providers on supervisory and contractual matters. Other key team members include Daniel S. Weber and Alessa Waibel who both focus on regulatory advice to banks and other financial services providers.

Practice head(s):

Andreas Hünerwadel; Martin Peyer

Other key lawyers:

Bignia Vieli; Daniel S. Weber; Alessa Waibel


‘The team fully understands its clients’ specifics and their advice and legal assistance is tailored to the client’s needs. Very pleasant to work with.’

‘Bignia Vieli is a very experienced lawyer and is able to quickly understand the bigger picture, even in complex transactions. ’


Key clients

Luzerner Kantonalbank

Neon Switzerland


Lighthouse Swiss Wealth Advisors

Basellandschaftliche Kantonalbank

Nextech Invest

Health Service 365

Serpentine Ventures


Private Bank IHAG, Switzerland

Signa Group

Danske Bank

Privatbank Bellerive


Interhoerbiger Finance (Treasury)

Work highlights

  • Advised Luzerner Kantonalbank on the set-up of its new financing platform Refinum.
  • Advising Nextech Invest on regulatory matters in connection with its FINMA license and on the launch of three new funds.
  • Providing Inyova with regulatory advice in various matters.

Wenger Plattner

Wenger Plattner advises banks, asset managers, and securities dealers on regulatory issues and acts on their behalf in dealings with Swiss regulatory bodies and self-regulatory organisations, such as FINMA and SIX Swiss Exchange. The team also assists clients with the setting up of investment funds, drafting agreements, licenses and permits, and financing transactions. Practice head Filippo Th. Beck regularly advises entrepreneurs, companies and individuals on contract law, asset structuring, and compliance as well as acting as an investigating agent for banks and financial institutions. Oliver Künzler has expertise in private equity and venture capital transactions and financings.

Practice head(s):

Filippo Th. Beck

Key clients

Energix Renewables


TC Loans Limited



Vienna International Hotel Management AG

Health Care Royalty Partners


HRG Hotels GmbH

Novocure Ltd., Jersey

ING Belgium SA

SIGNA Holding/International Sports Holding

Has Bois Sage SA

Work highlights

  • Swiss counsel to Novocure Ltd. regarding the renewal of a USD 150 million credit facility in pharma industry.
  • Advised Has Bois Sage SA, a company incorporated under Belgian law, in connection with a EUR 95 million financing of the acquisition of real estate in Belgium.

Bratschi Ltd

The ‘experienced, commercially-minded’ team at Bratschi Ltd assists clients with regulatory matters, applications for licenses, internal investigations, structuring financing transactions, and DLT-related work. Team co-head Reto Arpagaus advises and represents banks, insurance companies, and financial intermediaries in all banking and finance-related matters. Ivo Hungerbühler, who also co-heads the team, has extensive expertise in banking litigation which includes cross-border cases and investigations by regulatory bodies. Barbara Jecklin regularly advises domestic and international banks on acquisition finance, structured finance, and syndications.

Practice head(s):

Reto Arpagaus; Ivo Hungerbühler

Other key lawyers:

Barbara Jecklin; Thomas Peter


‘Bratschi’s team is experienced, commercially-minded and easy to work with.’

‘Barbara Jecklin and Thomas Peter – our go-to lawyers for cross-border financings with a Swiss nexus. They focus on what is important and provide very good value for money.’


Key clients

UBS Switzerland AG

Viking Cruises Group


PNC Bank, National Association

Buis Bürgi AG

Considered a ‘true banking and banking litigation boutique firm’, Buis Bürgi AG advises and represents companies, private individuals, financial service providers, banks, and asset managers with all banking, finance, and corporate related matters. Practice head Eric Buis has extensive experience representing clients in high-value disputes arising from private equity transactions, bank transfers, and securities deliveries before the Swiss federal courts. Other key team members include Jeremias Widmer, Daniel Juri, and Luca Angstmann.

Practice head(s):

Eric Buis

Other key lawyers:

Jeremias Widmer, Daniel Juri; Luca Angstmann


“The business model of our company is very complex and therefore the requests and legal cases that we have are complex as well. Buis Bürgi never failed to understand the complex legal framework within we operate and can give us relevant advice.”

“The firm has a number of knowledgeable lawyers, mainly in corporate, financing and litigation matters. Although more like a boutique in terms of size, they are used to deal with complex matters and have encounters with much larger firms on equal levels.”

“Buis Bürgi is one of the boutique firms whose team has real expertise in banking and finance.”

“Buis Bürgi is well known in the legal market as a banking and finance litigation boutique.”

“The firm’s David vs. Goliath mentality should be emphasized, which is an important counterpoint to the mainstream in a financial market like Switzerland.”

“Buis Bürgi is a true banking and banking litigation boutique firm. They are experienced in what they do, and each case receives dedicated attention.”

“The team does great work and is very knowledgeable in the litigation and banking field. The individuals are very likable and thorough.”

Buis Bürgi is a highly respected boutique law firm with a strong focus on banking advisory and litigation matters. They always take a balanced and considered approach and are highly collaborative and extremely client-friendly. The team consistently delivers.”

Key clients


Lehman Brothers

Zurich Insurance Company Ltd



Gate Group

A.B.S. Factoring


Toyota Material Handling

Work highlights

  • Challenged the write-down of the so-called AT1 bonds issued by Credit Suisse (with an aggregate issuance volume of CHF 16 billion) before the Swiss Federal Administrative Court, for more than 60 appellants.
  • Advising several clients facing serious security delivery issues in the context of a delisting and redemption programme and in the context of a liquidation of a company.
  • Assisting a former financial service provider with the recognition of the liquidators in Switzerland by the Swiss Financial Market Supervisory Authority FINMA.

CMS von Erlach Partners Ltd.

CMS von Erlach Partners Ltd.‘s ‘responsive and experienced’ team advises Switzerland-based and global financial institutions, funds, industrial enterprises and other companies on the full range of banking & finance matters. Kaspar Landolt, who heads the team, is experienced in acquisition finance, corporate lending, real estate finance, project finance and asset finance, the issuance and offering of financial instruments, and applying for regulatory licenses. Fintech expert Tina Balzli specialises in banking and financial markets. Matthias Kuert and Dominique Gemperli are further recommended.

Practice head(s):

Kaspar Landolt

Other key lawyers:

Tina Balzli; Matthias Kuert; Dominique Gemperli


‘Responsive and experienced.’

‘Very dedicated and proactive.’

‘The CMS team, and Kaspar Landolt in particular, are commercial practitioners. They put the interests of the clients above all else and seek to find practical and workable solutions.’

‘Kaspar Landolt is my first choice among Swiss attorneys. He provides concise and pointed guidance, which clients can easily understand and implement in practice.’



Litigation firm LALIVE represents ‘top tier clients’ in disputes related to structured or derivative products, mismanagement of assets, improper execution, and fraud. the team also advises and represents banks on issues relating to compliance and regulatory matters, financial transactions, securitisation, and new technologies. The practice is led by Matthias Gstoehl, Simone Nadelhofer, André Brunschweiler, and Dominik Elmiger. Christian Exner is also a key team member.

Practice head(s):

Matthias Gstoehl; Simone Nadelhofer;  Daniel Lucien Bühr; André Brunschweiler; Dominik Elmiger

Other key lawyers:

Christian Exner


‘Top quality practice.’

‘Alexander Troller, Simone Nadelhofer are both excellent.’

‘Lalive is the pre-eminent and largest litigation firm in Switzerland, with top-tier clients and partners who understand how to work with a global audience, which is invaluable.’

‘Matthias Gstoehl is responsive, proactive and internationally focused. He is good with lawyers and clients alike and gets to the nub of complex issues immediately. He is especially well versed in banking and financing litigation.’


Work highlights

  • Acting for several institutional AT1 investors executing a multi-jurisdictional litigation strategy to secure compensation and redress following the write-down of AT1-Notes by Credit Suisse Group AG on 19 March 2023.
  • Acting for several major institutional clients in relation to major losses incurred in connection with the Greensill collapse. Total investment volume exceeds EUR 1.5bn.
  • Representing a leading global travel retailer in a dispute with a global Swiss bank acting as custodian to release shares held in escrow as part of a business transaction.

Loyens & Loeff

Loyens & Loeff has considerable experience advising multinational enterprises, investment managers, private equity funds, and listed companies on finance matters, including acquisition finance, asset-based finance, and structured finance, as well as regulatory compliance, cross-border financial services, and asset management. The team utilises its international network to assist clients with cross-border matters and is headed by Judith Raijmakers and Christine Hohl, who both specialise in financing transactions and debt issuances.

Practice head(s):

Judith Raijmakers; Christine Hohl

Other key lawyers:

Stephanie Szedlak; Etienne Anex; Florian Thomas Willi


‘Loyens is able to provide services in various countries and covering various areas. The Zurich Office assisted with obtaining security in Switzerland while also interfacing with lawyers in other jurisdictions to make sure everything was in order. The team was incredibly responsive and very good at anticipating my needs.’

‘Christine Hohl was my primary contact. She was a pleasure to work with. Judith Raijmakers is very capable and also a pleasure with which to work.’

‘ A multilingual team with knowledge of cross-country legal issues.’


Key clients

Constellation Oil Services Holding S.A.

Cheplapharm Arzneimittel GmbH

Banco BTG Pactual

Work highlights

  • Advised Cheplapharm Arzneimittel GmbH and its Swiss subsidiary, Cheplapharm Schweiz GmbH, on issues including the issuance of EUR 750 million senior secured notes.
  • Advised Constellation Oil Services Holding S.A. as borrower and issuer as well as the Swiss and Dutch Guarantors and security providers concerning the issuance of  $888,400,000 notes and credit financing.
  • Assisted the BTG Pactual group (BTG) with the search for a target in Europe and the expansion of its banking business.

Prager Dreifuss AG

Prager Dreifuss AG advises investors and companies on financing structures, in particular cross-border project and transaction financing. In addition, the team also represents lenders and borrowers in the negotiations of credit facilities regarding leveraged finance and project finance transactions in the agrochemical, communication, and transport industries. The team is led by Daniel Hayek, who has experience advising major US and German banks in acquisition finance transactions and in the recovery of distressed debt, and Andreas Moll, who specialises in corporate finance and mergers and acquisitions. Urs Bertschinger is an expert in financial market regulation and financial products.

Practice head(s):

Daniel Hayek; Andreas Moll

Other key lawyers:

Urs Bertschinger; Gion Jegher; Guy Deillon; Mark Meili; Christian Schönfeld; Markus Seglias

Work highlights

Staiger Attorneys at Law Ltd

Staiger Attorneys at Law Ltd act as an outsourced legal department for several Swiss banks, foreign bank subsidiaries, and asset managers, with particular strengths in regulatory compliance, establishing financial service providers, and liquidation of financial institutions. The team is headed by Désirée Wiesendanger, who specialises in banking and financial markets law. Philipp Känzig represents clients in complex international disputes, in particular in the areas of insurance law, banking law and insolvency.

Practice head(s):

Désirée Wiesendanger

Other key lawyers:

Philipp Känzig

Key clients

Jefferies International Ltd.

Swiss Financial Market Supervisory Authority FINMA

Falcon Private Ltd.

Work highlights

burckhardt Ltd

Boutique firm burckhardt Ltd has a special focus on finance and is well versed in all aspects of a financing transaction, from the legal implications, tax issues, and notarial requirements. The team is co-headed by Janusz Marty, who specialises in structured finance transactions, seed, venture and growth equity financings, and Stéphane Konkoly, who has extensive expertise in asset finance and the financing of movable assets through cross-border leasing.

Practice head(s):

Janusz Marty; Stéphane Konkoly

Eversheds Sutherland AG

Eversheds Sutherland AG has strengths in cross-border regulatory matters, enforcement proceedings, internal investigation, anti-money laundering, and classic banking law. The team regularly advises banks, securities dealers, collective investment schemes, asset managers, and financial market infrastructures on various issues such as establishment, licensing, and compliance. Team co-head Ludovic Duarte advises financial institutions on regulatory, contractual issues, enforcement proceedings and internal investigations. Sibil Melliger, who also co-heads the team, has a special focus on the intersection of traditional finance and emerging technologies, such as cryptocurrency and blockchain.

Practice head(s):

Ludovic Duarte; Sibil Melliger

Other key lawyers:

Tigran Serobyan; Michael Lepper

Key clients

Barclays Bank PLC

Mobilize Financial Services (ex RCI Finance)

Künzi Hess MacNab

Künzi Hess MacNab provides ‘cooperative, uncomplicated and very professional’ legal, regulatory, and compliance advice for players in the financial services industry such as banks, asset managers, and financial services platforms. The team is headed by Eva Künzi Peditto, My Chau Bachelard, and Martin Hess with Jillian MacNab and Saskia Cruchon being key team members.

Practice head(s):

Eva Künzi; My Chau Bachelard; Martin Hess

Other key lawyers:

Jillian MacNab; Saskia Cruchon


‘In-depth knowledge and quick reaction time.’

‘Eva is the center of the law firm, she acts quickly and has a good market overview.’

‘Künzi Hess MacNab is a small law firm providing civil and regulatory advice to fintech companies. The interaction with Künzi Hess MacNab is cooperative, uncomplicated and very professional. ’

‘My Chau Bachelard has always advised us reliably and very competently. The cooperation with her is very pleasant and our inquiries have always been answered efficiently and professionally. ’


Key clients

Saxo Bank (Switzerland) Ltd

Ashurst LLP, Germany

Alber Blanc Experts SA

US Bank

Edward Wealth Management AG

Decisive Capital Capital Management SA

CG 24 Group

Jacot Partners Financial Services AG

Woolsocks AG

Swiss Stable Coins AG

Work highlights

  • Provided legal and regulatory advice to Saxo bank on the implementation of the Swiss Financial Services Act including the definition of online processes (e.g. appropriateness test).
  • Supported Ashurst LLP, Germany with various banking and financial market matters for 5 different clients, mainly regulatory matters.
  • Advised Edward Wealth Management AG (EWM) on the structuring of contracts for a synthetic advisory portfolio.