Banking & Fintech

Swiss e-commerce sales reached CHF15 billion 2024

Nearly CHF 15 billion generated by e-commerce in 2024

This content was published on Mar 13, 2025 Driven by purchases abroad, e-commerce in Switzerland continues to grow, with sales approacheing the CHF15 billion markin 2024.

Stock exchange operator SIX announces job cuts for 2025

Swiss stock exchange operator SIX to cut 150 jobs in efficiency drive

This content was published on Mar 12, 2025 "We're not revealing the number of job losses at each location at the moment," said a SIX spokesperson. However, there will be cuts in Switzerland as well.

What is a tariff? A quick guide

This content was published on Mar 12, 2025 Tariffs play a key role in US President Donald Trump’s economic strategy and diplomatic moves. But who truly benefits, and who pays the price?

Council of States wants stricter rules for systemically important banks

Swiss Senate backs stricter rules for systemically important banks

This content was published on Mar 11, 2025 The Swiss Senate has adopted a motion calling for stricter rules for systemically important banks following the Credit Suisse-UBS emergency merger.

UBS fined in France for harassing whistleblowers

This content was published on Mar 10, 2025 The Swiss bank UBS was fined €75,000 (CHF71,410), the maximum penalty, in Paris on Monday for moral harassment by its French subsidiary of two whistleblowers.

Citi bank's error led to a flash crash in markets in 2022

Swiss regulator fines US bank Citi over fat-finger crash

This content was published on Mar 8, 2025 Citigroup fined CHF500,000 by Swiss stock exchange regulator after a fat-finger trade caused a 2022 flash crash in European stocks.

Swiss banks fall behind in digitalization

Swiss banks failing to embrace digital technology

This content was published on Mar 6, 2025 Swiss banks are falling further behind in the global digitalisation race, according to a study by Deloitte.

Swiss inflation fell further in February

Swiss inflation sank to four-year low in February

This content was published on Mar 5, 2025 Annual inflation in Switzerland fell further in February. The last time it was this low was in April 2021.

SNB posts definitive profit of 80.7 billion francs in 2024

Swiss National Bank confirms CHF81 billion profit in 2024

This content was published on Mar 3, 2025 The Swiss National Bank (SNB) has confirmed that it recorded a profit of CHF80.7 billion for 2024.

The SNB Chairman is against bitcoin as a reserve

Swiss central bank chief rejects holding bitcoin in reserves

This content was published on Mar 1, 2025 Swiss National Bank (SNB) President Martin Schlegel rejects the idea that the central bank should hold part of its reserves in bitcoin, as proposed by a people's initiative.

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Banking & Fintech

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Banking & Fintech

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Swiss e-commerce sales reached CHF15 billion 2024

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Swiss stock exchange operator SIX to cut 150 jobs in efficiency drive

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What is a tariff? A quick guide

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Swiss Senate backs stricter rules for systemically important banks

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UBS fined in France for harassing whistleblowers

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Swiss regulator fines US bank Citi over fat-finger crash

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Swiss banks failing to embrace digital technology

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Swiss inflation sank to four-year low in February

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Swiss National Bank confirms CHF81 billion profit in 2024

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Swiss central bank chief rejects holding bitcoin in reserves

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