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Swiss National Bank Who wins and who loses because of negative interest rates?

The Swiss National Bank’s negative interest rates, introduced five years ago, are having an increasingly significant economic and social impact.

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End of an era Ermotti’s UBS record: solid but not all plain sailing

Sergio Ermotti arrived at UBS in 2011 during a dark chapter in the history of Switzerland’s largest bank.

bad deals Julius Bär sanctioned after money laundering breaches

Switzerland’s financial watchdog has sanctioned the Julius Bär bank for not complying with money laundering standards.

This content was published on February 20, 2020 10:09 AM

Leadership transition UBS CEO Ermotti to step down in November

Switzerland’s largest bank, UBS, has announced that CEO Sergio Ermotti will step down this autumn to be replaced by Ralph Hamers, the current head ...

This content was published on February 20, 2020 7:24 AM

Financial Secrecy Index Switzerland still a hot spot to hide money, but getting better

Switzerland has improved its score in a ranking of countries complicit in helping individuals hide their finances. But NGOs say more work is needed.

This content was published on February 19, 2020 1:03 PM

Thiam exit Credit Suisse chairman hopeful to see out term

Urs Rohner says he does not expect to be voted out of office before his term ends next year following the departure of the bank’s CEO on Friday.

This content was published on February 8, 2020 3:35 PM

Thiam resigns Credit Suisse falls back on Swiss roots to restore order

Credit Suisse’s board has defied the wishes of several major shareholders with the surprise axing of chief executive Tidjane Thiam.

Power battle Credit Suisse CEO surprises markets with shock resignation

Credit Suisse chief executive Tidjane Thiam has resigned from his post following a highly damaging spying scandal.

This content was published on February 7, 2020 7:29 AM

Zermatt goes crypto Swiss ski resort accepts bitcoin for settling tax bills

The iconic ski resort of Zermatt has become the second local authority in Switzerland to allow residents to pay their tax bills using the ...

This content was published on January 29, 2020 11:08 AM

Start-up support Swiss venture capital funding breaks CHF2 billion barrier

Swiss start-ups and young companies attracted nearly CHF2.3 billion ($2.4 billion) from deep-pocketed investors last year. The figure is nearly ...

This content was published on January 28, 2020 12:28 PM

Hefty bill Negative interest rates have cost Swiss banks CHF8 billion

Swiss banks have been forced to fork out CHF8 billion in negative interest fees since the Swiss National Bank (SNB) imposed its policy in 2015.

This content was published on January 22, 2020 1:55 PM

"Attack mode" Neon banking app slashes fees in growth drive

Swiss financial services company Neon says it will scrap card fees for customers shopping abroad to spearhead an ambitious drive to boost the ...

This content was published on January 20, 2020 2:10 PM