Banking & Fintech

Libra stablecoin project ‘no threat’ to financial system

This content was published on Sep 28, 2019 Facebook’s Libra cryptocurrency poses no threat to central banks or to financial law and order, says the head of the Geneva-based Libra Association.

Opinion

Chasing wealth managers is a risky business

This content was published on Sep 26, 2019 Whenever banks get overexcited about a profitable and expanding area of finance and embark on an expensive talent war, it usually leads to trouble.

Bern sausage awarded protected product status

This content was published on Sep 26, 2019 The Bernese Zungenwurst, or “blood tongue” sausage, has been added to the country’s list of geographically protected specialties.

The feud at Credit Suisse that has shaken Swiss banking

This content was published on Sep 26, 2019 Swiss banking has been rocked by lurid details of the relationship breakdown between Credit Suisse CEO Tidjane Thiam and star banker Iqbal Khan.

Former UBS head excited by ‘powerful’ potential of crypto banking

This content was published on Sep 26, 2019 Peter Wuffli, the former CEO of Switzerland’s largest bank, has been converted to the new world of DLT banking.

EPFL booted from Venice Time Machine project

This content was published on Sep 24, 2019 The project was launched by Italy’s Ca’Foscari University and the Venice State Archive in partnership with Switzerland’s Federal Institute of Technology Lausanne (EPFL). It aims to reconstruct the urban and social development of Venice throughout history by means of digitisation and analysis of a vast set of archive material. Hundreds of thousands of documents dating from the 16th to the 19th century can now be studied thanks to a series of…

More cautious closing of train doors to be introduced

This content was published on Sep 23, 2019 Swiss Federal Railways are to introduce new procedures for closing train doors by the end of this month, following a fatal accident in August.

How Facebook’s Libra fuelled push for central bank-run digital currencies

This content was published on Sep 23, 2019 Facebook's plans for the Libra private digital payment token is injecting political urgency into a debate previously confined to research papers.

Tidjane Thiam, left, CEO of Swiss bank Credit Suisse and Chairman of Swiss bank Credit Suisse Urs Rohner, right,

Credit Suisse to review surveillance ordered on star who defected

This content was published on Sep 23, 2019 Credit Suisse has launched an inquiry into the bank’s decision to hire private investigators to follow a high-flying executive who defected to UBS.

Trading costs rise after Switzerland’s loss of EU access rights

This content was published on Sep 23, 2019 Switzerland’s loss of access rights to EU stock markets has concentrated trading in Zurich while raising costs for buying shares in smaller companies.

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