gnomes of Zurich


Also found in: Financial.

gnomes of Zurich

Swiss bankers, when they are seen as nefarious. No, you should never trust the gnomes of Zurich.
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gnomes of Zurich

Swiss financiers or bankers, regarded as having sinister influence. derogatory
This phrase stems from a remark made by the British politician Harold Wilson in a speech in 1956 : ‘all the little gnomes in Zurich…about whom we keep on hearing’.
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References in periodicals archive ?
Then Jack turned to Jim and said how the Gnomes of Zurich had to be given what for.
But then what do the gnomes of Zurich know about finance?
All that wonderful technology and the footballing gnomes of Zurich are still sitting around in the stone age resisting anything more technologically advanced than a whistle.
He wants the land of the cuckoo clock, the gnomes of Zurich and Alpine mountains abolished -- and the land shared between its neighbours France, Italy and Germany.
Mind you, this is Switzerland, that neutral nation of cuckoo clocks, money and gnomes of Zurich.
The Gnomes of Zurich, a phrase coined by a disparaging Harold Wilson in 1956, are not immune from the credit fall-out.
The day he played an idiot the Gnomes of Zurich decided to cough up on money stolen by the Nazis from their victims.
The gnomes of Zurich (Zurich Premiership, that is) would have winced last weekend when they saw the cash returns on the sixth round of the Powergen Cup.
Yesterday 1,300 of them set out to prove that there's more to Switzerland than the Gnomes of Zurich by becoming the Nudes of Neuchatel.