Swiss financial watchdog boosts supervision of mega bank UBS
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3M ago
This content was published on Jan 20, 2024 Around 60 people at FINMA are now directly or indirectly responsible for the supervision of Switzerland's biggest bank ..read more
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Credit Suisse takeover is no 'deal of the century' but leaves UBS stronger, says CEO
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3M ago
This content was published on Jan 17, 2024 UBS Chief Executive Officer Sergio Ermotti dismissed critics' warning about the size of his bank's balance sheet on Wednesday ..read more
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Trial opens into CHF40 million Swiss cash convoy heist
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3M ago
This content was published on Jan 22, 2024 The trial of a CHF40 million cash truck robbery in Switzerland in 2017 is due to open on Monday in Lyon in the absence of three of the six defendants ..read more
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Big surge in use of Swiss payment app Twint
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3M ago
This content was published on Jan 22, 2024 Digital payment app Twint saw 50% annual growth in traffic last year, recording 590 million transactions ..read more
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SNB president says stronger Swiss franc painful for companies
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3M ago
This content was published on Jan 24, 2024 A stronger franc has helped dampen inflation in Switzerland but has also been painful for domestic firms, says the SNB president ..read more
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UBS announces changes to executive board
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3M ago
This content was published on Jan 24, 2024 The Swiss bank UBS announced changes to its executive board on Wednesday as it presses ahead with its integration of its rival Credit Suisse ..read more
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Swiss financial regulator names new CEO
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3M ago
This content was published on Jan 24, 2024 Switzerland’s banking regulator has named Stefan Walter, a senior official with the European Central Bank, as its new chief executive ..read more
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Swiss finance minister on banking regulation: ‘We must act’
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3M ago
This content was published on Dec 27, 2023 The Swiss government intends to submit proposals to parliament in the spring ..read more
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Survey: Swiss prefer savings accounts to stocks
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3M ago
This content was published on Jan 8, 2024 The Swiss do not take many risks when investing. According to a poll, they prefer to deposit their money in savings accounts instead of stocks ..read more
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BNP reaches compensation agreement with Swiss franc-loan clients
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3M ago
This content was published on Jan 2, 2024 BNP Paribas agreed to compensate clients who took out Swiss-franc mortgages that became ruinously expensive amid the 2008-2009 financial crisis ..read more
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