Banking & Fintech

Credit Suisse hires former AMP chief to lead wealth management

This content was published on Dec 14, 2021 Francesco De Ferrari is faced with turning around business that has fallen behind rival UBS.

What measures should countries take to protect themselves against tax evasion?

An appeal court in Paris has confirmed that Swiss bank UBS is guilty of having assisted French tax evaders – but reduced the penalty from €4.5 billion (CHF4.7 billion) to €1.8 billion. A former UBS employee-turned whistleblower, whose testimony sparked the French investigation, thinks this sends a mixed message. Media leaks, such as the Pandora Papers…

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Dec 13, 2021

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UBS fails to overturn guilty verdict in French tax evasion case

This content was published on Dec 13, 2021 Paris appeal court confirms Swiss bank UBS tax evasion guilt but reduces penalty from €4.5 billion to €1.8 billion.

UBS awaits verdict in French tax evasion case

This content was published on Dec 11, 2021 A Paris court is set to give a verdict on December 13 on Swiss bank UBS’s appeal against a French €4.5 billion tax evasion penalty.

Arm wrestling over the control of money

This content was published on Dec 9, 2021 Swiss National Bank declares cross-border CBDC transaction test, involving digital francs and euros, a success.

Swiss central bank vice chair to step down in 2022

This content was published on Dec 6, 2021 Swiss National Bank (SNB) Vice Chairman Fritz Zurbrügg will retire at the end of July 2022.

SNB governor Fritz Zurbrügg walks in front of posters of Swiss franc bank notes.

Who will replace Zurbrügg as Swiss National Bank governor?

This content was published on Dec 6, 2021 Fritz Zurbrügg will step down as a Swiss National Bank vice-chair in July. SWI swissinfo.ch introduces five possible successors.

More Swiss banks slammed for Venezuela business

This content was published on Dec 6, 2021 Switzerland’s financial regulator has reprimanded two more banks for money laundering in connection with a Venezuelan state oil company.

US says Switzerland no longer manipulates its currency

This content was published on Dec 4, 2021 The United States government confirmed on Friday that Switzerland is no longer considered a currency manipulator.

Switzerland eyes tax data exchange with dozen more countries

This content was published on Dec 3, 2021 Switzerland plans to conclude treaties to automatically exchange financial information with 12 new countries.

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