Switzerland Financial News

29.03 / 09:31

Credit Suisse relocates staff, stops new business in Russia

Credit Suisse is relocating staff out of Russia and not pursuing any new business in the country, as global banks pull back in the wake of its invasion of Ukraine.

29.03 / 08:43

FIVE Manufacturing Platform Software Swiss Sequoia leads $80 million funding round for Swiss expense management start-up Yokoy

Sequoia Capital is betting the next European tech giant will emerge in Switzerland.

28.03 / 21:53

Blockchain Supply Chain Gold prevention Gold industry taps blockchain for supply chain management and fraud prevention

Some of the most prominent organizations in the gold industry have joined forces to launch a new “integrity program” that utilizes blockchain technology for supply chain management — a move that’s intended to help market participants verify the authenticity of their bullion.

28.03 / 19:41

Credit Suisse relocates staff, stops new business in Russia

Credit Suisse is relocating staff out of Russia and not pursuing any new business in the country, as global banks pull back in the wake of its invasion of Ukraine.

28.03 / 15:53

UBS Deal UBS equity banker Koby Englender departs amid deal slump

Koby Englender, a managing director at UBS and a senior banker within its emerging markets equity capital markets unit, has left the bank.

28.03 / 15:39

Adoption Bitcoin Game Theory of Bitcoin Adoption by Nation-States

Is the race on? This is a question that at least some people have been asking ever since El Salvador made bitcoin (BTC) legal tender in September, and with the Swiss city of Lugano doing essentially the same thing at the beginning of March, it’s arguably only a matter of time before other countries rush to embrace bitcoin.

27.03 / 13:57

NFT Mouawad to release NFTs of Miss Universe crown

Icecap for investment-grade diamonds to offer fractionalized ownership of the Miss Universe crown via non-fungible tokens (NFTs). The Miss Universe Crown was created by Switzerland-based Mouawad, whereas Icecap is a leading player in creating blockchain-based diamond NFTs. The Miss Universe Power of Unity Crown, worn by 2019 Miss Universe winner Zozibini Tunzi of South Africa, and then by 2020 Miss Universe Andrea Meza of Mexico, is currently held by Miss Universe 2021 Harnaaz Sandhu from India.

27.03 / 01:03

JPMorgan Trading Places: All change at Credit Suisse, JPMorgan bets on private markets

Credit Suisse vice chair Severin Schwanwon't stand for re-election at the firm's upcoming shareholder meeting, the Swiss bank announced. Schwan, who is also chief executive of pharma company Roche, has been vice chair and lead independent director of Credit Suisse since 2017. Christian Gellerstad will fill his role, subject to his own re-election, as part of the latest shakeup to Credit Suisse's senior ranks after a turbulent year.

26.03 / 05:05

JPMorgan Trading Places: All change at Credit Suisse, JPMorgan bets on private markets

26.03 / 00:29

Citi Swiss Six Group boss on the City post Brexit, and why Swiss neutrality is ‘not viable’ in wake of Russia

Six Group is looking to enlarge its presence in London. The operator of both the Swiss and Spanish stock exchanges, the group is eyeing London as a growth market as it seeks to compete with Bloomberg and Refinitiv in the data space and take advantage of opportunities in the wake of Brexit.

25.03 / 18:11

business Adoption Bitcoin Bitcoin Price Shitcoins are ‘garbage’: Bitcoin-only brokers on freedom and finance

In Europe, “Bitcoin only” is a growing trend, as more and more consumers and companies are hardening their resolve that Bitcoin (BTC) is the only digital asset worth holding.

25.03 / 16:49

JPMorgan Trading Places: All change at Credit Suisse, JPMorgan bets on private markets

24.03 / 21:11

Death Police Four members of French family die after falling from a seventh-floor balcony

Four people from the same French family have died after falling from a seventh-floor balcony in Montreux, Swiss police have said.

24.03 / 20:31

Amazon Credit Suisse rehires Manipadam from Amazon as tech push continues

Credit Suisse rehired a senior dealmaker from Amazon as the Swiss bank expands its technology team and rebuilds its ranks after a spate of departures.

24.03 / 16:43

Citi Swiss Six Group boss on the City post Brexit, and why Swiss neutrality is ‘not viable’ in wake of Russia

SIX Group is looking to enlarge its presence in London. The operator of both the Swiss and Spanish stock exchanges, the group is eyeing London as a growth market as it seeks to compete with Bloomberg and Refinitiv in the data space and take advantage of opportunities in the wake of Brexit.

24.03 / 16:25

Amazon Credit Suisse re-hires Manipadam from Amazon as tech push continues

Credit Suisse re-hired a senior dealmaker from Amazon as the Swiss bank expands its technology team and rebuilds its ranks after a spate of departures.

24.03 / 11:05

Credit Suisse flags potential $500m hit from legal claim in Bermuda

Credit Suisse Group said late on 23 March that a court in Bermuda is expected to publish a judgment against its local life-insurance subsidiary, Credit Suisse Life Bermuda, which could potentially be more than $500m.

23.03 / 01:23

TikTok New TikTok users exposed to fake news about Russia-Ukraine war, study reveals

New TikTok users are exposed to misinformation about the war in Ukraine within 40 minutes of signing up, according to a new report.

22.03 / 18:29

Credit Suisse reshuffles board after turbulent year

Credit Suisse Group said it will reshuffle its board again after a turbulent year.

22.03 / 15:11

Blockchain Adoption Africa Insurance Lemonade partners with blockchain bigwigs to combat climate change

Insurance company Lemonade has partnered with prominent blockchain companies to form the Lemonade Crypto Climate Coalition (L3C) decentralized autonomous organization (DAO) to protect farmers from climate change by offering blockchain-based insurance.

22.03 / 13:34

business Blockchain CBDC Central Bank International BIS joint pilot: Institutions can use CBDCs for international settlements

Bank of International Settlement (BIS) Innovation Hub has completed an experimental central bank digital currency (CBDC) platform pilot for international settlement with the central banks of Australia, Malaysia, Singapore and South Africa.

breaking news about 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 verified updates about the situation in Switzerland, based on information from regional journalists.

What shapes the media agenda in Switzerland?

The news landscape of Switzerland is shaped by major cultural and social events, reflecting its unique context.