Switzerland Financial News

02.11 / 16:23

business Government Stablecoin Bitcoin Union Bank Union Bank of the Philippines launches Bitcoin and Ethereum trading

The Union Bank of the Philippines (UnionBank), one of the largest universal banks in the Philippines, debuts cryptocurrency trading via a partnership with a Swiss crypto firm.

01.11 / 11:05

Why Credit Suisse is attractive to Saudi Arabia’s largest bank

Saudi Arabia’s largest bank will soon be the biggest investor in Credit Suisse and wants to bring the Swiss lender deeper into the kingdom’s booming financial markets while expanding ties to rich Middle Easterners.

01.11 / 00:36

business Lightning Network Bitcoin Wallet Btc Wallet NOT Bitcoin, not blockchain: Synonym launches mobile BTC wallet

Bitcoin and Lightning Network service provider Synonym has launched a new BTC-focused mobile wallet it says could enhance the user experience for holders of the flagship digital currency — and broaden Web3 adoption without relying on convoluted blockchain applications.

31.10 / 19:09

Ethereum Crime ETF Bitcoin Crypto News Summary: Asian Banking Giant Joins Singapore’s CBDC Effort, Hong Kong to Launch Crypto ETF, Argo Blockchain May Be Forced to Shut Down

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________

31.10 / 17:47

business Technology proof-of-work Bitcoin Bitcoin Price 14 years since the Bitcoin white paper: Why it matters

Happy white paper day, Bitcoin. It’s been 14 years since Satoshi Nakamoto first sent an email to the Cypherpunk mailing list with the subject line, “Bitcoin P2P e-cash Paper.” The email included a link to the white paper, an outline of what would soon become a one trillion-dollar market.

31.10 / 15:35

How Credit Suisse plans to raise $4bn

Credit Suisse Group on 31 October disclosed the details of its $4bn capital raise as it aims to source funds to pay for a painful restructuring involving thousands of job cuts and a slimming down of its investment bank.

29.10 / 07:13

Manufacturing Enterprise Walmart An American Helped Build a Business Inside China. Clients Want Him to Leave.

It took Jacob Rothman two decades to build a Chinese manufacturing business with his friends and family. Now the 49-year-old American executive says customers want him to make some of his grilling tools and kitchen products elsewhere. He knows it isn’t going to be easy.

28.10 / 20:27

Adoption regulation Pro-crypto city of Lugano and El Salvador sign economic agreement based on adoption

Switzerland’s southern city of Lugano and El Salvador have signed an economic cooperation agreement based on crypto and blockchain.

27.10 / 16:41

dealmaking Credit Suisse plans to scale back dealmaking unit in Europe

Credit Suisse's dealmaking unit spin-out is set to lead to deeper job cuts in Europe as it pivots the business towards the larger US fee pool.

27.10 / 16:41

How Michael Klein could turn Credit Suisse around

Michael Klein is one of the most talented and successful investment bankers of his generation. Thanks to Credit Suisse, he seems to have pulled off another coup.

27.10 / 13:21

COST Boutique Credit Suisse’s First Boston spin-out bets boutique pay model will keep top dealmakers

Credit Suisse's investment bank is going back to the future. Its shift to a capital-light dealmaking unit will see the revival of the First Boston name, a brand the Swiss lender acquired as part of its push to become a global investment bank in 1990.

27.10 / 08:31

COST Strategy Credit Suisse to cut 9,000 jobs, hive off investment bank in radical overhaul

Credit Suisse is set to cut 9,000 jobs and hive off its dealmaking unit as it unveils a radical overhaul of its business in an attempt to turn around after successive scandals and billions in losses.

26.10 / 10:15

business Banks Swiss Seba Bank market decline Swiss Seba Bank launches NFT custody despite market decline

The decline of the nonfungible tokens (NFT) market doesn’t seem to be a problem for the Swiss cryptocurrency-focused bank Seba as the firm now allows its customers to store NFTs.

25.10 / 11:27

Racing Strategy Credit Suisse nears sale of first key unit in overhaul plan

Credit Suisse is racing to finalise the sale of a key unit, days before the beleaguered Swiss bank is set to give details of a revamp of its big Wall Street division.

25.10 / 08:31

UBS dealmaking UBS’s dealmaking fees tumble by 60% follow Wall Street declines

UBS's fees from dealmaking slipped by nearly 60% in the third quarter, kicking off an earnings season for major European investment banks after a slump at Wall Street rivals.

24.10 / 22:15

Ethereum Investments Bitcoin Drop Crypto Investment Products Volumes on crypto investment products drop to 2-year lows: Coinshares

On Oct 24, European cryptocurrency investment firm Coinshare published its Digital Asset Fund Flows Report, which revealed that digital asset investment products saw $5 million worth of cumulative outflows last week, in a continuation of what it calls an “apathetic period” that began in September 2022.

24.10 / 16:05

settlement fraud case Credit Suisse reaches €238m settlement over French tax fraud case

Credit Suisse said 24 October it reached a €238m settlement with French prosecutors over a case involving tax fraud, moving forward from another legal case as it pursues a painful reputational rehabilitation.

22.10 / 13:51

Europe Spain overtakes El Salvador to become third largest crypto ATM hub

The European country of Spain is officially home to the third-largest network of Bitcoin (BTC) and cryptocurrency ATMs after the United States and Canada.

19.10 / 21:09

business Blockchain Investments Q3 There were vast discrepancies in crypto markets during Q3: Report

According to a new report published by cryptocurrency data aggregator CoinGecko, several interesting anomalies surfaced in the cryptocurrency markets during the third quarter Although the digital asset industry witnessed heavy sell-offs earlier this year, its overall market cap actually increased by around $100 billion compared to Q2.

19.10 / 17:53

Digital Platform Avid Rolex Justin Bieber and Other Watch Collectors would Love Chronocatz NFTs

Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content.

19.10 / 14:21

Blockchain CEO Platform Chiliz Fan Token Expansions Sees 70% New Hires, Uniglo.io continues Hiring before November Launch

Hiring goes hand in hand with expansion and means only one thing. Demand outstrips supply, and companies need more labor to support rapid scaling.

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