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Digital asset Swiss consortium launches bitcoin on Tezos blockchain

A consortium of Swiss cryptocurrency companies has incorporated bitcoin onto the Tezos blockchain. The move brings Tezos, which has based its ...

This content was published on April 8, 2020 2:46 PM

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YAPEAL successful Switzerland awards first fintech banking license

YAPEAL has become the first financial institution in Switzerland to receive a fintech banking license. The new digital bank plans to challenge the ...

This content was published on March 13, 2020 12:24 PM

Simon Wiesenthal Center Credit Suisse linked to list of 12,000 Nazis found in Argentina

Many of the Nazi sympathisers reportedly paid money into one or more accounts at Schweizerische Kreditanstalt, which later became Credit Suisse. 

This content was published on March 5, 2020 11:41 AM

Money laundering Switzerland hands down first Petrobras conviction

The first Swiss conviction relating to the Brazilian Petrobras-Odebrecht scandal has been handed down to a Swiss-Brazilian national. The man was ...

This content was published on February 27, 2020 10:20 AM

‘Too big to fail’ Three major Swiss banks not fully ready for new crash

Switzerland’s financial watchdog has concluded that three of the country’s five systemically important banks are not fully prepared for a crisis.

This content was published on February 25, 2020 11:02 AM

Swiss National Bank Who wins and who loses because of negative interest rates?

The Swiss National Bank’s negative interest rates, introduced five years ago, are having an increasingly significant economic and social impact.

End of an era Ermotti’s UBS record: solid but not all plain sailing

Sergio Ermotti arrived at UBS in 2011 during a dark chapter in the history of Switzerland’s largest bank.

bad deals Julius Bär sanctioned after money laundering breaches

Switzerland’s financial watchdog has sanctioned the Julius Bär bank for not complying with money laundering standards.

This content was published on February 20, 2020 10:09 AM

Leadership transition UBS CEO Ermotti to step down in November

Switzerland’s largest bank, UBS, has announced that CEO Sergio Ermotti will step down this autumn to be replaced by Ralph Hamers, the current head ...

This content was published on February 20, 2020 7:24 AM

Financial Secrecy Index Switzerland still a hot spot to hide money, but getting better

Switzerland has improved its score in a ranking of countries complicit in helping individuals hide their finances. But NGOs say more work is needed.

This content was published on February 19, 2020 1:03 PM

Thiam exit Credit Suisse chairman hopeful to see out term

Urs Rohner says he does not expect to be voted out of office before his term ends next year following the departure of the bank’s CEO on Friday.

This content was published on February 8, 2020 3:35 PM

Thiam resigns Credit Suisse falls back on Swiss roots to restore order

Credit Suisse’s board has defied the wishes of several major shareholders with the surprise axing of chief executive Tidjane Thiam.

Power battle Credit Suisse CEO surprises markets with shock resignation

Credit Suisse chief executive Tidjane Thiam has resigned from his post following a highly damaging spying scandal.

This content was published on February 7, 2020 7:29 AM