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Digital payments What does Facebook’s Libra cryptocurrency aim to achieve?

Libra Association head of policy and communication explains how Facebook's cryptocurrency project could democratise finance.

By Matthew Allen

Libra Association Swiss role in Facebook cryptocurrency project revealed

The social media giant has released details of its cryptocurrency payments project, including the role to be played by its Geneva-based foundation.

This content was published on June 18, 2019 12:07 PM Jun 18, 2019 - 12:07

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Here are additional stories besides the main content

Anti-competitiveness Swiss regulator fines banks over improper forex trading

The Swiss Competition Commission has fined five international banks for their part in forming cartels that manipulated the foreign exchange market. 

This content was published on June 6, 2019 8:54 AM Jun 6, 2019 - 08:54

Blockchain economy ‘Switzerland needs national cryptocurrency’: think tank

One of Switzerland’s most prominent business think tanks is calling on the central bank to start issuing its own cryptocurrency. Avenir Suisse ...

This content was published on June 4, 2019 11:55 AM Jun 4, 2019 - 11:55

Start-up accelerator Switzerland HQ for global blockchain incubator hub

A second venture-capital style incubator aimed specifically at blockchain start-ups has set up in Switzerland. The Zug-headquartered Blockchain ...

This content was published on May 28, 2019 9:00 AM May 28, 2019 - 09:00

#SBHACK19 Hackathons: an antidote to Swiss risk aversion?

Hackathons are injecting a dose of garage start-up mentality in Switzerland - a missing ingredient in the country’s innovation scene.

By Matthew Allen

Libra Networks Why did Facebook's crypto project choose Geneva?

Facebook's Libra Networks entity has shone the international spotlight on Geneva's growing blockchain scene.

By Matthew Allen

Sinking fortunes UBS scrambles to revive its faltering investment bank

UBS needs to make savings at its investment banking unit following the “worst first-quarter environment in recent history”.

By Stephen Morris and David Crow

Good marks Image of Swiss banks improves among public

The image of Swiss banks has returned for the first time to pre-crisis levels, according to a survey. Cybercrime remains a concern, however. 

This content was published on May 22, 2019 3:01 PM May 22, 2019 - 15:01

Point of no returns UBS to implement zero interest rate on savings accounts

As of June 1, Switzerland's largest bank will stop paying interest on adult savings accounts.

This content was published on May 21, 2019 2:49 PM May 21, 2019 - 14:49

private banking Lionel Aeschlimann on art and seeing the world differently

The Mirabaud partner talks of his faith in active management and the private bank’s bicentenary.

By Chris Flood

US tax evasion Court orders Credit Suisse to pay CHF4 million to ex-banker

The Geneva Labour Court has ruled that the dismissal of a former banker who managed US clients was unfair.

This content was published on May 10, 2019 11:37 AM May 10, 2019 - 11:37

Costly mistake? UBS defends legal route against multi-billion euro French fine

Swiss banking giant UBS will be unable to reach an out of court settlement with the French authorities over a recent €4.5 billion fine.

This content was published on May 2, 2019 2:03 PM May 2, 2019 - 14:03

Banking Saudi finance minister greenlights Credit Suisse bank licence

Switzerland’s banking giant Credit Suisse will obtain its long-coveted banking license in Saudi Arabia.

This content was published on April 24, 2019 12:14 PM Apr 24, 2019 - 12:14

bank rivalry UBS and Deutsche Bank asset managers in ‘serious’ merger talks

The asset management arms of Deutsche Bank and UBS are in serious talks to merge in a deal that would make it Europe's largest money manager.

This content was published on April 23, 2019 8:21 PM Apr 23, 2019 - 20:21

Innovation The blockchain revolution emerges on main street

A blockchain ski resort, new ways of investing in real estate, financing oil shipments and incorporating a company.

By Matthew Allen

Beyond the hype Explained: The technology behind bitcoin and blockchain

To some, it’s a load of hot air. Others see a revolutionary technology that will transform the way we exchange nearly everything of value. So ...

By Michele Andina

Increased shareholding Credit Suisse to take controlling stake in its Chinese joint venture

The Swiss bank has agreed with Founder Securities to increase its shareholding in its Beijing-based Credit Suisse Founder Securities joint venture. 

This content was published on April 15, 2019 3:24 PM Apr 15, 2019 - 15:24

Confiscated earnings Swiss court orders Falcon bank to hand over ‘illegal’ 1MDB profits

The Federal Court has rejected an appeal by Falcon Private Bank against money that Switzerland’s financial watchdog seized in 2016.

This content was published on April 12, 2019 2:29 PM Apr 12, 2019 - 14:29

Overheating danger Swiss mortgage rates at all-time low

The construction boom goes on and on in Switzerland and the property market is overheating, especially when it comes to apartment blocks. The ...

Crypto Valley failure Ailing fintech Monetas goes into liquidation again

Bankruptcy proceedings have been reignited against troubled Swiss digital payments company Monetas more than a year after the enterprise hit ...

This content was published on April 9, 2019 11:08 AM Apr 9, 2019 - 11:08