Monday, April 27, 2009

The One-man bank

One-man bank whose clients trust more than big banks

Flavian Kippel manages and runs all by himself one of the smallest banks in Switzerland, the Spar und Leihkasse in the village of Leuk, , in the southwestern part of Switzerland.

Since the start of the global financial crisis, when Lehman Brothers went bust, more and more clients have been entrusting him with their savings.

What makes the success of this one-man bank?

What do you think?

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