Banking & Fintech

Swiss bank Julius Bär sells its Brazilian operation

Julius Bär sells its local activities in Brazil

This content was published on Jan 7, 2025 Swiss private bank Julius Bär has signed an agreement to sell its operation in Brazil for 615 million reais, or CHF91 million ($100.7 million).

Credit Suisse is accused of failing to fully cooperate with investigations.

Credit Suisse Nazi ties ‘ran deeper than thought’: media report

This content was published on Jan 4, 2025 Credit Suisse is alleged to have withheld details of its historic links with World War II-era Nazi clients, says the Wall Street Journal.

Former Chairman of the Board of Directors of private bank Julius Bär passes away

Former Julius Bär chair passes away

This content was published on Jan 3, 2025 Thomas A. Bär, former Julius Bär bank chair and co-founder of law firm Bär & Karrer, passed away on December 24, 2024 aged 87.

SNB stayed out of FX markets despite third-quarter franc rally

This content was published on Dec 31, 2024 The Swiss National Bank again refrained from significantly influencing the franc in the third quarter of 2024, even as the currency saw a rally.

Swiss stock market closes 2024 almost at breakeven

Swiss stock exchange wraps up mixed year of trading

This content was published on Dec 31, 2024 The Swiss stock exchange ended just about in the black on Monday, its last trading session of the year.

In banking, Switzerland can’t afford ‘model pupil syndrome’, says UBS CEO

This content was published on Dec 30, 2024 UBS Group CEO Sergio Ermotti says competition between banks in Switzerland will continue even following the takeover of rival Credit Suisse.

CS crisis: CEP points to shortcomings on the part of the federal authorities

Parliamentary inquiry on Credit Suisse collapse blames mismanagement

This content was published on Dec 20, 2024 Credit Suisse's years of mismanagement were at the root of its downfall in March 2023, the parliamentary commission of inquiry concluded on Friday.

Raiffeisen Switzerland CEO Heinz Huber steps down unexpectedly

Raiffeisen Switzerland CEO steps down unexpectedly

This content was published on Dec 18, 2024 Raiffeisen Switzerland CEO Heinz Huber is stepping down at the end of the year. This means that Switzerland's second-largest banking group after UBS is looking for a new CEO.

Zurich High Court discontinues cum-ex proceedings against Eckart Seith

Zurich court throws out ‘cum-ex’ case against German lawyer

This content was published on Dec 12, 2024 A trial against a German lawyer, accused of breaching Swiss banking secrecy investigating 'cum-ex' transactions, has collapsed.

SNB lowers key interest rate by 0.50 percent

Swiss National Bank lowers key interest rate by 0.5%

This content was published on Dec 12, 2024 The Swiss National Bank lowers benchmark interest rate by a surprisingly hefty 0.5%. The reference rate now stands at 0.5%.

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Banking & Fintech

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Banking & Fintech

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Swiss bank Julius Bär sells its Brazilian operation

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Credit Suisse Nazi ties ‘ran deeper than thought’: media report

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Former Julius Bär chair passes away

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SNB stayed out of FX markets despite third-quarter franc rally

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Swiss stock exchange wraps up mixed year of trading

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In banking, Switzerland can’t afford ‘model pupil syndrome’, says UBS CEO

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Parliamentary inquiry on Credit Suisse collapse blames mismanagement

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Raiffeisen Switzerland CEO steps down unexpectedly

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Zurich court throws out ‘cum-ex’ case against German lawyer

More

Swiss National Bank lowers key interest rate by 0.5%

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