Switzerland Financial News
11.06 / 13:41
COST
CEO
Warning
Costs
Credit Suisse CEO Gottstein says he has ‘firepower’ to cut costs amid profit warning
Credit Suisse chief executive Thomas Gottstein said the bank has "firepower" to cut costs in frontline staff, and will scale back on some planned investments after it flagged another potential loss in the second quarter of 2022.
11.06 / 01:31
COST
CEO
Warning
Costs
Credit Suisse CEO Gottstein says he has ‘firepower’ to cut costs amid profit warning
Credit Suisse chief executive Thomas Gottstein said the bank has "firepower" to cut costs in frontline staff, and will scale back on some planned investments after it flagged another potential loss in the second quarter of 2022.
11.06 / 00:27
Top Credit Suisse shareholder ‘supportive’ of right buyer after shares pop on State Street bid report
One of the largest shareholders in Credit Suisse says he may back a potential takeover bid for the Swiss bank.
10.06 / 16:47
Scientists hope this injectable stem cell gel can repair heart attack damage and avoid transplants
Researchers in the UK have developed a biodegradable hydrogel that could help repair the damage caused by heart attacks.
10.06 / 16:31
UPS
MET
Progressive
Swiss
U.S. Scrutinizing Swiss Currency Practices
WASHINGTON—The Treasury Department is scrutinizing Switzerland’s currency practices, stepping up talks over the valuation of the Swiss franc while at the same time reporting progress in engagement with Taiwan and Vietnam over their foreign-exchange policies.
10.06 / 11:37
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.
10.06 / 11:27
interview
World Economic Forum
Bitcoin
Bitcoin at the WEF: What did the world's elite think of crypto?
Cointelegraph introduces “Crypto Street,” a series of spontaneous conversations with strangers on the street to educate, entertain and take a temperature check on the world’s relationship with crypto.
10.06 / 11:03
Takeover
State Street rules out bid for Credit Suisse after takeover rumours
State Street has denied that it is set to bid for troubled Swiss lender Credit Suisse after rumours of an acquisition sparked swings in both banks' share prices.
10.06 / 02:29
UPS
Stocks market
UBS
Credit Suisse hikes junior pay again to $110,000 as salaries spiral
Credit Suisse has hiked junior banker pay for a second time, matching Wall Street peers and Swiss rival UBS as banks continue to battle for talent.
09.06 / 23:01
Stablecoin
Tether
Bitfinex
Bitcoin
Tether is ‘instrument of freedom’ and 'Bitcoin onramp,’ says Bitfinex CTO
On a sunsplashed day in the Swiss Alps, the CTO of Bitfinex and Tether, Paolo Ardoino shed light on the Plan B Lugano strategy, Tether as an onramp into Bitcoin (BTC) and–crucially–his favorite pizza toppings.
09.06 / 16:37
Top Credit Suisse shareholder ‘supportive’ of right buyer after shares pop on State Street bid report
One of the largest shareholders in Credit Suisse says he may back a potential takeover bid for the Swiss bank.
09.06 / 15:49
Top Credit Suisse shareholder ‘supportive’ of the right buyer after shares pop on report of bid
One of the largest shareholders in Credit Suisse says he may back a potential takeover bid for the Swiss bank.
09.06 / 14:05
COST
CEO
Warning
Costs
Credit Suisse CEO Gottstein says he has ‘firepower’ to cut costs amid profit warning
Credit Suisse chief executive Thomas Gottstein said the bank has "firepower" to cut costs in front line staff, and will scale back on some planned investments after it flagged another potential loss in the second quarter of 2022.
09.06 / 00:17
Blockchain
Ethereum
interview
Bitcoin
Digital assets still make a lot of sense, says Codex co-founder
Co-founder and chief evangelist officer for Codex, Alex Gordon-Brander, spoke to Cointelegraph about his Bitcoin story, the real-world use cases for crypto, and the economic downturn during a World Economic Forum interview in Davos, Switzerland.
08.06 / 21:19
analysts
Deal
State Street, Credit Suisse deal ‘highly unlikely’ say analysts after report of bid sends shares higher
State Street has declined to comment on reports that it is set to make a bid for Credit Suisse, but banking analysts have been quick to pull apart the logic of a merger between the two firms.
08.06 / 20:23
analysts
Deal
State Street, Credit Suisse deal ‘highly unlikely’ say sceptical analysts
State Street has declined to comment on reports that it is set to make a bid for Credit Suisse, but banking analysts have been quick to pull apart the logic of a merger between the two firms.
08.06 / 20:09
analysts
Deal
State Street Credit Suisse deal ‘highly unlikely’ say sceptical analysts
State Street has declined to comment on reports that it is set to make a bid for Credit Suisse, but banking analysts have been quick to pull apart the logic of a merger between the two firms.
08.06 / 19:21
08.06 / 16:33
Blockchain
Digital
AXY
Platform
Solana bids $100M On DeFi, GameFi in South Korea
Solana is in the news today after it unveiled a new $100 million fund for South Korean web3 entrepreneurs. The funds were raised equally by Solana Ventures and the Solana Foundation, a Swiss organization that promotes the network’s growth.
08.06 / 09:21
Credit Suisse warns it is facing another loss in the second quarter
Credit Suisse has warned that it is facing another quarterly loss, as weak performance in parts of its investment bank has weighed on profits.
08.06 / 03:59
UPS
Stocks market
UBS
Credit Suisse hikes junior pay again to $110,000 as salaries spiral
Credit Suisse has hiked junior banker pay for a second time, matching Wall Street peers and Swiss rival UBS as banks continue to battle for talent.
latest developments in Switzerland
What is the current situation in Switzerland?
In Switzerland, the spotlight is on socially significant developments that spark public discussion.
Where can I find reliable news about Switzerland?
We publish in-depth coverage about the situation in Switzerland, based on information from official representatives.
What shapes the media agenda in Switzerland?
The news landscape of Switzerland is shaped by major cultural and social events, reflecting its local way of life.
