Zurich Cantonal Bank

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Zurich Cantonal Bank

Native name	Zürcher Kantonalbank (ZKB)
Company type	Incorporated public-law institution
Industry	Banking Financial services
Founded	15 February 1870
Headquarters	Bahnhofstrasse 9 Zürich 8010 Switzerland
Area served	Canton of Zürich
Key people	Dr. oec. HSG Jörg Müller-Ganz, Chairman (since 2003) Urs Baumann, CEO (since 2022)
Products	Retail banking Commercial banking Investment banking Investment management Private Equity
Operating income	1 935.22 mln CHF (2014) [1]
Net income	647.50 mln CHF (2014) [1]
Total assets	156.50 bln CHF (2014) [1]
Number of employees	5087 (2018)[2]
Website	www.zkb.ch/en

Zurich Cantonal Bank (German: Zürcher Kantonalbank, or ZKB) is the largest cantonal bank and fourth largest bank in Switzerland, with total assets of over CHF 150 billion.^[1]

ZKB, as an independent, incorporated public-law institution, is wholly owned by the canton of Zürich. Ultimate supervision of ZKB is the responsibility of the Cantonal Council of Zürich, whose duties are laid down in Zürich's Cantonal Bank Act.^[3]

Under the law, the canton of Zürich bears responsibility for all ZKB's liabilities should the bank's resources prove inadequate. This cantonal guarantee acts as a stabilising force for the financial market as a whole, particularly in times of economic uncertainty.