The Swiss banking industry plans to build on yesterday's merger of its exchange, clearing house and data provider to make Switzerland one of the top three global financial centres by 2015.

Trade bodies representing the Swiss banking, insurance and funds industries, and the new exchange group, Swiss Financial Markets Services, today outlined a plan to boost jobs by between 40,000 and 80,000 over eight years, generating an extra Sfr 1bn( €6.7) to Sfr17bn in tax revenue.