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Switzerland’s banking crisis has been halted, the country’s central bank said Thursday as it hiked interest rates for the fourth time in a bid to contain inflation. “The measures announced ...
The government said it was "difficult to reach a final judgement on the exact impact" of its mooted higher capital requirements, but argued Swiss banking would benefit. "The Federal Council is ...
When the Swiss banking giant UBS bought its rival Credit Suisse in 2023, it got roughly a half of a trillion dollars in ...
Worried over charges before the U.S. Congress that its members were mixing in American proxy battles (TIME, June 3), the powerful Swiss Bankers Association laid down the law last week. Said a ...
Swiss authorities vowed to make the country's banking sector more robust after the 2023 meltdown of Credit Suisse led to its takeover by UBS, creating an outsize lender that critics felt would ...
Switzerland’s inflation rate edged down in the final month of 2024, reinforcing the Swiss central bank’s decision to cut its key rate for the fourth-straight meeting last month. Consumer ...
FreshSplash / Getty Images The Swiss Banking Act of 1934 made it criminal for Swiss banks to disclose an account holder's name. Similar to the confidentiality protections between doctors and ...
The Swiss banking group will begin the migration of former Credit Suisse client accounts in Switzerland to the UBS platform in the second quarter, it said in its annual report published Monday.
Swiss authorities vowed to make the country's banking sector more robust after the 2023 meltdown of Credit Suisse led to its takeover by UBS, creating an outsize lender that critics felt would have ...