finews.com: Latest Headlines, Breaking News and Top Stories
4 days ago · finews.com is Switzerland’s leading news site for all professionals in the financial sector and delivers real-time and constantly-updated news about the Swiss financial industry.
Credit Suisse: Bank rescue damages Switzerland's reputation for ... - BBC
Mar 19, 2023 · Divisive management, costly exposure to finance company Greensill Capital, which collapsed in 2021, a seedy money laundering case, and waning customer confidence in the last few months, which saw...
Swiss banks struggle with lower margins, EY survey finds
11 hours ago · A Swiss flag is pictured above a logo of Swiss bank Credit Suisse in Bern, Switzerland, November 15, 2023. ... Reuters, the news and media division of Thomson Reuters, is the world’s largest ...
Swiss banks’ struggles to move on from murky past hit by …
Feb 22, 2022 · Switzerland’s attempts at shedding its long-held reputation as the global banking centre of choice for oligarchs, corrupt government officials and drug smugglers has been dealt a blow by the...
UBS to buy Credit Suisse for nearly $3.25B to calm turmoil
Mar 20, 2023 · Swiss President Alain Berset said banking giant UBS is acquiring its smaller rival Credit Suisse for almost $3.25 billion in an effort to avoid further market-shaking turmoil in global banking.
In banking, Switzerland can't afford 'model pupil syndrome', says …
Dec 30, 2024 · News More Excessive snowfall in Switzerland caps exceptional year in weather . This content was published on Dec 30, 2024 Two periods of precipitation in December brought above-average amounts of ...
UBS boss warns against excessive banking regulation ahead of …
ZURICH, Dec 30 (Reuters) - Switzerland should not set rules for its banking sector that put it at a disadvantage, UBS (UBSG.S), opens new tab CEO Sergio Ermotti was quoted as saying on Monday, as ...
Swiss Push to Rewire Financial System in Wake of Banking Crash
Jun 22, 2024 · In 2023, Switzerland went a step further and allowed tokenized bonds issued on SDX to be settled in a central bank digital currency, part of the pilot program the Swiss National Bank is now...
Exclusive: Swiss authorities, banks mull new rules to prevent bank …
Nov 2, 2023 · LONDON/ZURICH, Nov 3 (Reuters) - Swiss authorities and lenders, including UBS (UBSG.S), are discussing new measures to prevent bank runs after Credit Suisse’s rescue earlier this year, four...
Switzerland Today - SWI swissinfo.ch
2 days ago · Of the 650,000 companies in Switzerland, around 100,000 small firms were seeking successors in 2024, far more than two years prior. Even financially stable businesses are not immune to the trend ...