More More Swiss economy on way back to normal, says top treasurer This content was published on Jun 19, 2021 Jun 19, 2021 Switzerland’s economy will be back to its pre-pandemic level as early as this year, says the director of the Federal Finance Administration.
More More Credit Suisse carnage brings financial risk for banks into focus This content was published on Jun 18, 2021 Jun 18, 2021 Credit Suisse fallout: is risk under control in the Swiss banking sector?
More More Swiss banks boost capital bases despite coronavirus crisis This content was published on Jun 17, 2021 Jun 17, 2021 Swiss banks managed to strengthen their capital bases despite the coronavirus pandemic, according to the Swiss National Bank.
Bitcoin upgraded from vacuous child to rebellious adult This content was published on Jun 12, 2021 Jun 12, 2021 The Bank for International Settlements wants to set a high price on banks directly handling bitcoin.
More More How Swiss asset managers opened their doors to Lex Greensill This content was published on Jun 1, 2021 Jun 1, 2021 Former GAM chief David Solo had a key role as supply-chain finance firm funded expansion.
More More Switzerland’s economic outlook brightens as pandemic eases This content was published on May 31, 2021 May 31, 2021 Swiss gross domestic product (GDP) is expected to grow by 3.2% in 2021, upgraded from 2.2% in the previous forecast, the OECD reports.
More More Major Swiss banks now forced to calculate climate risks This content was published on May 31, 2021 May 31, 2021 The Swiss Financial Market Supervisory Authority (FINMA) announced on Monday that it will require major banks and insurance companies to report...
More More Julius Bär to pay $79.7 million in FIFA corruption settlement This content was published on May 27, 2021 May 27, 2021 Swiss bank Julius Bär has agreed to pay $79.7 million after being implicated in a corruption probe surrounding FIFA.
Adieu Diem: headline crypto act slips through Swiss fingers This content was published on May 19, 2021 May 19, 2021 Here today, gone tomorrow. Did Switzerland profit at all from Facebook's Libra/Diem crypto project?
More More Pandemic boosts reports of suspected money laundering This content was published on May 18, 2021 May 18, 2021 Reports to Switzerland’s Money Laundering Reporting Office (MROS) rose 25% last year, with many of them related to Covid credits.
More More Public trust in Swiss banks soars amid pandemic This content was published on May 18, 2021 May 18, 2021 Swiss people’s trust in their country’s banks is at its highest in 20 years, according to a new survey.
More More Swiss private banks at odds with clients over ESG This content was published on May 17, 2021 May 17, 2021 Switzerland used to be a place where the rich came with their money to escape the world’s problems, not to confront them.
More More Credit Suisse ignored more than 100 red flags, says regulator This content was published on May 16, 2021 May 16, 2021 A report by the Swiss financial regulator FINMA claims that the bank had ignored over 100 warnings of potential breach of regulations.
More More Facebook-backed digital currency project to leave Switzerland This content was published on May 13, 2021 May 13, 2021 The Facebook-backed digital currency project formerly known as Libra, now called Diem, says it is shifting operations from Switzerland to the US.
More More Swiss postal bank turns up digital dazzle to arrest declining fortunes This content was published on May 11, 2021 May 11, 2021 The financial arm of the Swiss post office is offering clients access to cryptocurrencies and the chance to buy fractions of company shares.
More More Credit Suisse made just $17.5m in Archegos fees in year This content was published on May 3, 2021 May 3, 2021 The Swiss bank ended up with losses of $5.4 billion when Archegos suddenly collapsed in March.
More More Credit Suisse seeks ‘calmer waters’ under new chairman This content was published on Apr 30, 2021 Apr 30, 2021 The shareholders of crisis-stricken Credit Suisse approved Antonio Horta-Osorio as the bank’s new chairman on Friday.
More More Hollywood gives Swiss bankers a bad rap This content was published on Apr 30, 2021 Apr 30, 2021 The director of the Swiss national film archives explains how Hollywood is helping to keep clichés about dishonest Swiss bankers alive.
More More Swiss and US central banks: same purpose, different paths This content was published on Apr 30, 2021 Apr 30, 2021 Choosing members of the Federal Reserve shows organisational differences between the US central bank and the Swiss National Bank.
Swiss stock exchange and decentralised finance: a heavenly marriage? This content was published on Apr 29, 2021 Apr 29, 2021 The Swiss stock exchange wants to connect to the world of decentralised finance. How easy will that be?
More More Credit Suisse plots comeback after ‘costly mistakes’ took it to the brink This content was published on Apr 28, 2021 Apr 28, 2021 New chair António Horta-Osório will look to overhaul bank’s risk management culture after the Greensill and Archegos failures.
More More Swiss bank pays up to settle German tax evasion probe This content was published on Apr 26, 2021 Apr 26, 2021 Switzerland’s Migros Bank has agreed to pay €2.4 million to clear up cross-border tax evasion issues with Germany.
More More Swiss probe Lebanon’s central bank chief over alleged $300m embezzlement This content was published on Apr 25, 2021 Apr 25, 2021 Leaked letter sets off latest scandal to hit longstanding governor as country’s economic and financial crisis worsens.
More More António Horta-Osório: ‘Lloyds was about to die’ This content was published on Apr 24, 2021 Apr 24, 2021 The incoming Credit Suisse chief on his battles in finance, stress, tabloid troubles – and why Rafael Nadal is his idol.
More More Negative interest continues to hit banks – and customers This content was published on Apr 22, 2021 Apr 22, 2021 Swiss banks paid out CHF1.3 billion ($1.4 billion) in negative interest rates last year compared to €8.5 billion from competitors in the eurozone.
More More FINMA probes Credit Suisse over Archegos blowout This content was published on Apr 22, 2021 Apr 22, 2021 Swiss banking giant Credit Suisse is under the scrutiny of regulators over massive losses from the bankruptcies of British financial firm Greensill...
More More How Credit Suisse rolled the dice on risk management — and lost This content was published on Apr 20, 2021 Apr 20, 2021 The story of how Credit Suisse ignored risk to chase big ticket investment deals - which turned sour.
More More Swiss digital asset trading network expands This content was published on Apr 19, 2021 Apr 19, 2021 Swiss fintech firm Taurus wins securities firm licence to operate digital assets marketplace.
Are we witnessing the green shoots of a Swiss fintech sub-sector? This content was published on Apr 16, 2021 Apr 16, 2021 Fintech's role in the sustainable finance revolution needs access to big funding.
More More US no longer considers Switzerland a currency manipulator This content was published on Apr 16, 2021 Apr 16, 2021 The United States has removed Switzerland from its list of currency manipulators.
More More ‘Swiss tourism could benefit from the crisis’ This content was published on Apr 14, 2021 Apr 14, 2021 “Travel is not a human right, it is a privilege,” says Swiss tourism expert David Ruetz.
Swiss banks queuing up to jump on blockchain train This content was published on Apr 13, 2021 Apr 13, 2021 Blockchain-compliant digital assets: coming to Swiss high street banks in the near future.
More More Multi-millionaires against the EU - a bet with an unknown outcome This content was published on Apr 13, 2021 Apr 13, 2021 What do Brexiteers and Swiss EU opponents have in common? Among their ranks are wealthy entrepreneurs and asset managers.
More More Thomas Gottstein: Credit Suisse boss buffeted by series of crises This content was published on Apr 12, 2021 Apr 12, 2021 Bank chief promised ‘clean slate’ but his tenure has so far been anything but low key.
Digital private bank boosts coffers to CHF30 million This content was published on Apr 8, 2021 Apr 8, 2021 “The competition is really for people’s trust,” says Swiss digital private bank Alpian.
More More Credit Suisse / Archegos: music stops for prime broking This content was published on Apr 6, 2021 Apr 6, 2021 The bank will need a spotless record for years to lose its share price discount.
More More Credit Suisse lurches from one risk management crisis to the next This content was published on Mar 31, 2021 Mar 31, 2021 Are scandals at Archegos and Greensill an unlucky coincidence or symptomatic of a wider failing at Credit Suisse?
More More Credit Suisse warns of ‘highly significant’ loss linked to hedge fund This content was published on Mar 29, 2021 Mar 29, 2021 Credit Suisse says it may face a “highly significant” loss due to an unnamed American hedge fund client defaulting on margin calls.
More More Credit Suisse and Nomura warn of losses after Archegos-linked sell-off This content was published on Mar 29, 2021 Mar 29, 2021 Credit Suisse finds itself embroiled in a second collapsed financial scheme in the space of weeks.
More More Junior Credit Suisse bankers to get $20,000 ‘lifestyle’ bonus This content was published on Mar 26, 2021 Mar 26, 2021 Credit Suisse says it will give more junior members of its capital markets and deal businesses a $20,000 “lifestyle” allowance.
