 The cantonal banks are organised and regulated by the Association of Swiss Cantonal Banks, with its office in Basel.As a group, the cantonal banks account for about 30% of the banking sector in Switzerland, with a network of over 800 branches and 16 000 employees in Switzerland.In 2014 consolidated total assets of all cantonal banks accounted around 500 bln CHF, which is comparable with those of the "Big Banks"