Banking & Fintech

Luxury heir claims his CHF11 billion Hermès fortune has vanished

This content was published on Aug 3, 2024 An octogenarian heir to the Hermès luxury fortune, who sparked controversy last year over a plan to leave his money to his gardener, may not have much to give away after all.

The TX Group had led a seed financing round for Helvengo at the beginning of 2022, which totalled over CHF4.2 million ($4.8 million).

TX Group’s investment Helvengo enters liquidation

This content was published on Aug 2, 2024 The TX Group had led a seed financing round for Helvengo at the beginning of 2022, which totalled over CHF4.2 million ($4.8 million).

Swiss stock exchange halts trading due to technolgy issues

This content was published on Jul 31, 2024 The stock exchange was forced to halt equity trading for several hours on Wednesday due to persistent technical snags.

SNB reports half-year profit as strong stocks offset franc gains

This content was published on Jul 31, 2024 The Swiss National Bank made a solid six-month profit on rising equities and gold prices, keeping hopes alive of resumed payouts to the government.

Banque Havilland starts shutting down Swiss units

This content was published on Jul 30, 2024 Banque Havilland SA, a private bank owned by the family of close friends of Prince Andrew, has begun the process of closing its operations in Switzerland.

Swiss National Bank (SNB) Chairman Thomas Jordan, during an interview at the SNB headquarters in Zurich, Switzerland, on April 4, 2018.

Swiss National Bank Chairman encourages public engagement in financial issues

This content was published on Jul 28, 2024 Jordan emphasised the importance of financial literacy, noting its relevance in everyday life, such as when looking for a job, taking out a mortgage, preparing for retirement or saving.

UBS questioned by US Senator over $350 million tax evasion case

This content was published on Jul 25, 2024 UBS has been asked by a powerful US lawmaker about whether Credit Suisse failed to report an American accused of evading taxes on $350 million in income.

Julius Baer appoints Stefan Bollinger as new CEO

This content was published on Jul 23, 2024 Bollinger will succeed Philipp Rickenbacher, who resigned in February after a significant write-down on loans to the Signa Group.

Swiss start-up funding remains depressed

This content was published on Jul 16, 2024 Funding for start-ups in Switzerland fell by 9.5% to CHF1.1 billion in the first half of 2024.

Comparison platform Comparis is considered an insurance intermediary

Swiss price comparison platform ‘insurance intermediary’

This content was published on Jul 12, 2024 Federal court ruling hands Comparis increased regulatory burden.

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Banking & Fintech

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Banking & Fintech

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Luxury heir claims his CHF11 billion Hermès fortune has vanished

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TX Group’s investment Helvengo enters liquidation

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Swiss stock exchange halts trading due to technolgy issues

More

SNB reports half-year profit as strong stocks offset franc gains

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Banque Havilland starts shutting down Swiss units

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Swiss National Bank Chairman encourages public engagement in financial issues

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UBS questioned by US Senator over $350 million tax evasion case

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Julius Baer appoints Stefan Bollinger as new CEO

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Swiss start-up funding remains depressed

More

Swiss price comparison platform ‘insurance intermediary’

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Most Discussed