Switzerland Financial News
22.06 / 09:51
22.06 / 01:37
Blockchain
CBDC
Adoption
regulation
BIS compares projects to transfer central bank digital currencies across borders
The Bank of International Settlements (BIS) Innovation Hub released a report Tuesday looking at four projects that examined wholesale central bank digital currency (CBDC) transfers across borders. The projects demonstrated the technical feasibility of the transfers, the BIS found, but practical and policy issues remain outstanding.
21.06 / 09:17
CEO
Fighting
Continental
global economy
Inflation is the 'biggest poison' for the global economy as recession risk rises, Deutsche Bank CEO says
Europe and the U.S. face a high likelihood of recession as central banks are forced to aggressively tighten monetary policy to combat inflation, according to Deutsche Bank CEO Christian Sewing.
21.06 / 08:47
Refugees
peace
Nobel Peace Prize medal sells for $103.5 million to help Ukraine children
The Nobel Peace Prize auctioned off by Russian journalist Dmitry Muratov to raise money for Ukrainian child refugees sold in New York on Monday night for $103.5 million (€98.3 million), shattering the old record for a Nobel.
20.06 / 14:13
18.06 / 23:37
COST
UPS
The Myth of the Central Bank ‘Soft Landing’
“Soft landings” are easier to find in the legendarium of central banks than in historical reality.
18.06 / 05:45
JPMorgan
Credit Suisse bolsters UK investment bank with JPMorgan and BNP Paribas hires
Credit Suisse has hired a pair of senior dealmakers for its UK investment banking team as it looks to rebuild its ranks after a spate of departures.
17.06 / 13:33
JPMorgan
Credit Suisse bolsters UK investment bank with JPMorgan and BNP Paribas hires
Credit Suisse has hired a pair of senior dealmakers for its UK investment banking team as it looks to rebuild its ranks after a spate of departures.
16.06 / 22:15
business
Blockchain
Art
Adoption
Swiss
Swiss luxury watchmaker TAG Heuer introduces NFT-enabled smartwatch
Watchmaker TAG Heuer has partnered with the well-known nonfungible token (NFT) community surrounding Bored Ape Yacht Club and CLONE-X to create a smartwatch that displays NFTs and connects to crypto wallets such as MetaMask and Ledger Live.
16.06 / 17:49
Adoption
NFT
wallet
Fashion
TAG Heuer to Allow Users to Display NFTs on Their Smartwatches
Swiss luxury watchmaker TAG Heuer has pushed deeper into Web3 with the introduction of a new feature that would allow users to display their non-fungible tokens (NFTs) on the face of their smartwatch.
16.06 / 09:07
Amazon
London
Brazil police find two bodies in search for missing Amazon pair
Brazilian police have found two bodies in their search for the missing British journalist Dom Phillips and Brazilian expert Bruno Pereira in the Amazon.
15.06 / 17:51
Technology
WHO
London
outbreak
Europe at 'epicentre' of monkeypox outbreak, WHO says
Europe remains at the "epicentre" of a global monkeypox outbreak, the World Health Organization's European regional office said on Wednesday.
15.06 / 17:19
Art
London
Deal
EU refuses to rule out suspending Brexit trade deal
The European Commission won't rule out suspending the EU-UK trade deal if the UK approves a draft bill that unilaterally overrides parts of the Brexit agreement.
15.06 / 16:29
Technology
Art
London
Deal
Europe and Canada have their first land border after 'whisky war' deal
Canada and Denmark finally ended their decades-long "war" on Tuesday, fought over flags, whisky and schnapps on an uninhabited island in the high Arctic.
15.06 / 15:45
Technology
Art
United Nations
London
Indigenous
rights
UN finds Finland violated political rights of indigenous Sámi people
A United Nations committee has found that Finland violated an international convention on racial discrimination when it comes to the political rights of Sámi, the EU's only indigenous people.
15.06 / 14:59
Technology
Art
London
rights
What is the European Court of Human Rights?
Yesterday the European Court of Human Rights (ECtHR) halted Boris Johnson's plan to deport asylum-seekers to Rwanda with a dramatic last-minute ruling.
15.06 / 14:53
JPMorgan
Credit Suisse bolsters UK investment bank with JPMorgan and BNP Paribas hires
Credit Suisse has hired a pair of senior dealmakers for its UK investment banking team as it looks to rebuild its ranks after a spate of departures.
15.06 / 12:53
tracking
Credit Suisse launches WhatsApp rival for staff as banks grapple with text tracking
Credit Suisse has launched a recorded WhatsApp-style texting service for its employees, following a pandemic-fuelled spike in usage of the popular messaging app, Financial News can reveal.
15.06 / 12:33
European Union
EU relaunches legal action against UK over unilateral Brexit changes
The European Union announced on Wednesday that it will relaunch legal action against the UK over a draft law London unveiled that would override parts of the Brexit treaty.
14.06 / 12:19
COST
Digital
Landmark
Warning
'Profit recession' warning as markets wait for aggressive central bank moves
Global stock markets diverged on Tuesday after a worldwide sell-off in the previous session, as analysts assessed the longevity of the bear market and risk of recession.
12.06 / 17:53
Takeover
State Street rules out bid for Credit Suisse after report of takeover offer
State Street denies that it is set to bid for troubled Swiss lender Credit Suisse after a report of an acquisition sparked swings in both companies' share prices.
what's happening in Switzerland
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