Banking & Fintech

Migros to sell off Globus and other subsidiaries

This content was published on Jun 27, 2019 Switzerland’s largest retailer the Migros Group has launched a call for buyers for four subsidiaries including high-end department store Globus.

Exterior view of the Swiss headquarters of the Union Bancaire Privee, UBP, in Geneva,

Israel seeks Swiss help in identifying undeclared accounts

This content was published on Jun 26, 2019 The Israeli finance ministry is looking for information on Israelis who may have undeclared assets at two Swiss private banks.

A curtain is drawn open on representations of Swiss francs

Swiss central bank asked to issue stock exchange digital currency

This content was published on Jun 26, 2019 Stock exchange operator SIX Group revealed at the Crypto Valley Association conferenceExternal link that traders on its forthcoming SDX platform would be able to swap cash for a new digital token. This token would be used to pay for securities bought on the exchange and could be redeemed for cash when required. Digital tokens backed…

‘Mature’ Swiss crypto industry demands banking access

This content was published on Jun 25, 2019 Representatives from Switzerland’s crypto and blockchain sector say it has matured into a viable industry that demands to be taken seriously by banks.

Complaint filed against Federer and other Instagram influencers

This content was published on Jun 25, 2019 A Swiss consumer protection organisation has filed a complaint against Swiss celebrity “influencers”, accusing them of “surreptitious advertising”.

Swiss gamblers to lose access to websites of foreign casinos

This content was published on Jun 24, 2019 The provision of the new Swiss gambling law which restricts online gambling to a few authorised Swiss-based casinos comes into effect on July 1.

Industry challenges blockchain during hackathon

This content was published on Jun 24, 2019 More than 200 hackers from 19 countries converged on Switzerland at the weekend to take part in the Swiss Blockchain Hackathon.

Smartphone shopping boosts online trade

This content was published on Jun 21, 2019 Online shopping accounts for ever more of the Swiss retail market as shopping via smartphone also becomes more popular with consumers.

Federal fat cats see bonuses fall

This content was published on Jun 21, 2019 The salaries of top managers at Swiss government-affiliated companies shrank last year due to smaller bonuses, according to a federal report.

Founder Group’s legal spat imperils Credit Suisse move in China

This content was published on Jun 20, 2019 A legal battle in China is threatening Credit Suisse’s plans to take majority control of a securities brokerage connected to the dispute.

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