City Bern Financial News

16.07 / 10:05

UPS Gap UBS Credit Suisse inquiry will keep files secret for 50 years: Paper

Credit Suisse will keep its files closed for 50 years, newspaper Aargauer Zeitung reported, triggering concerns among Swiss historians. The investigating commission will hand over its files, which include witness statements and documents to the Swiss Federal Archives after a much longer gap than the usual 30 years, the paper said.

28.04 / 05:27

UPS Action UBS Swiss National Swiss National Bank to face Credit Suisse and climate protests at fraught AGM

The Swiss National Bank will hold its annual general meeting in Bern on Friday against a backdrop of protest over its action on climate change and its role in the emergency sale of Credit Suisse to Swiss rival UBS.

30.04 / 09:21

cryptocurrency CryptoExplainer Bitcoin Swiss National Reserve Bitcoin As A Reserve Currency? No, Says Swiss National Bank

Swiss National Bank opposed to holding bitcoin as a reserve currency

09.02 / 19:38

Facebook VISA PayPal analysts Facebook Stock Jumps as Analysts See Crypto Potential

Facebook, Inc. (FB) shares rose nearly 3% during Monday's session after analysts expressed optimism about its new cryptocurrency offering – Libra. The company will unveil a white paper on Tuesday related to the new cryptocurrency, which has already reportedly gained widespread support from industry partners and governments, including Visa Inc. (V), Mastercard Incorporated (MA), and PayPal Holdings, Inc. (PYPL). The value of the currency will reportedly be pegged to a basket of global currencies, including the dollar and euro.

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