Switzerland Financial News

10.02 / 10:01

Exodus Credit Suisse slumps to CHF1.6bn loss after torrid year

Credit Suisse slumped to a CHF1.6bn net loss for 2021 as successive crises rocked the Swiss bank — a torrid year that to an exodus of talent, a strategic overhaul and a flurry of executive exits.

09.02 / 04:21

cryptocurrency regulation Hong Kong Needs to Respond to Crypto Market Changes with New Rules - Treasury Chief

Hong Kong regulators and senior members of the government have spoken about their willingness of introducing new rules to police the crypto sector, with a new set of guidelines already formulated for crypto brokerages.

07.02 / 17:05

Blockchain Adoption Middle east Bitcoin Swiss Swiss BSV to establish blockchain academy in the Middle East

The first blockchain school in the Middle East will open in Riyadh, Saudi Arabia, according to an announcement by the BSV Blockchain Association. The new institution will reportedly provide training and development tools for government organizations and enterprises interested in adopting or experimenting with blockchain technology.

07.02 / 14:23

interview Sexual assault Rescue Austria avalanches: Nine dead as rescue callouts in Tyrol hit 'unprecedented' level

Authorities in Austria say nine people were killed in a series of avalanches in recent days, mainly in the Tyrol region where around 100 snowslides were recorded.

05.02 / 15:31

Stocks market Action UBS Regulator closes probe into Freshfields over UBS rape case

The Solicitors Regulation Authority has closed its investigation into Magic Circle law firm Freshfields, taking no further action over claims it misled a former UBS banker involved in rape allegations.

05.02 / 03:09

Facebook Digital Platform Facebook (FB) Hopes to Launch Digital Currency in 2021

Facebook, Inc. (FB) is hoping to launch its cryptocurrency next year. David Marcus, head of Facebook Financial, or F2, told audiences at the Singapore FinTech festival that he hoped the company could participate in changing the financial services industry by launching Diem, Facebook's proposed digital currency for use on its social network, and Novi, the accompanying wallet for its Libra blockchain, on its platform.

04.02 / 15:13

Stocks market Action UBS Regulator closes probe into Freshfields over UBS rape case

03.02 / 14:43

António Horta-Osório fined for quarantine breach

Former Credit Suisse chair Sir António Horta-Osório accepted a fine of 2,000 Swiss francs ($2,200) from local authorities for breaking quarantine rules in November.

03.02 / 14:31

Credit Suisse’s new bonus rules backfire as bankers fume: ‘This is infuriating’

Credit Suisse is facing backlash from employees over a new bonus scheme designed to retain senior talent after a series of crises.

03.02 / 13:33

Credit Suisse faces backlash as new cash bonus rules are ‘backfiring’

Credit Suisse is facing backlash from employees over a new bonus scheme designed to retain senior talent after a series of crises.

03.02 / 09:45

Art In France, Emmanuel Macron calls for new rules to halt migrant flows

French President Emmanuel Macron is taking aim at migration — a core issue in the country's presidential campaign — by pushing to strengthen the European Union's external borders against people illegally entering the bloc’s passport-free area.

03.02 / 02:11

Blockchain Provident Waves Action Swiss Swiss Privacy Startup Nym Technologies Unveils Public Launch Of Its NYM Token

Disclaimer: The text below is a press release that was not written by Cryptonews.com.

02.02 / 21:45

António Horta-Osório fined for quarantine breach

Former Credit Suisse chairman Sir António Horta-Osório accepted a fine of 2,000 Swiss francs ($2,200) from local authorities for breaking quarantine rules in November.

02.02 / 11:55

COST Buyback fall Julius Baer’s shares fall after bank misses share buyback expectations

Shares in Julius Baer Gruppe fell on 2 February after the lender launched a smaller-than-expected share buyback program and incurred higher costs for 2021, despite also reporting the record levels of net profit.

02.02 / 11:33

UPS UBS surges UBS dealmakers haul record $3.2bn to rival Wall Street peers as profit surges

UBS dealmakers hauled in record fees for 2021 as the Swiss bank signalled more ties between its investment bank and wealth management unit.

02.02 / 02:51

Blockchain UPS Assurant compliance Astra Protocol Sets Up a Compliance Hub in The Sandbox Virtual World

Disclaimer: The text below is a press release that was not written by Cryptonews.com.

01.02 / 10:27

UPS UBS surges UBS dealmakers wrap up record year as profit surges

UBS dealmakers hauled in record fees for 2021 as the Swiss bank signalled more ties between its investment bank and wealth management unit.

01.02 / 10:03

Target CEO UBS fall UBS posts fall in quarterly profit to $1.35 billion, sets ambitious new targets

LONDON — UBS on Tuesday reported a fall in quarterly profit, but beat analyst expectations and set ambitious new profitability targets as part of a strategic update.

01.02 / 08:01

Facebook Silvergate Facebook's cryptocurrency venture to wind down after asset sale to Silvergate

Silvergate Capital Corp, Diem said on Monday, ending the tech giant's ambitious push to get its billions of users transacting in its own currency. Silvergate said in a separate statement that it had paid $182 million for Diem's intellectual property and other assets. The sale was the culmination of several years of struggle for Meta's fintech unit, which lost most of its leadership, including director David Marcus, amid an exodus of staffers in the fall.

31.01 / 22:07

business Blockchain Adoption ETF VanEck launches its first multi-token cryptocurrency fund

On Monday, VanEck, a financial institution with close to $82 billion in assets under management with exchange-traded funds, or ETFs, mutual funds, and institutional accounts, announced the launch of its first cryptocurrency fund. The fund is listed as an exchange-traded note, or ETN, on the Deutsche Borse Xetra and SIX Swiss Exchanges with exposure to Bitcoin (BTC), Ethereum (ETH), Polkadot (DOT), Solana (SOL), Tron, Avalanche (AVAX), and Polygon (MATIC).

31.01 / 12:59

Ethereum Software Bitcoin end Internet Computer to Integrate with Bitcoin and Ethereum by the End of 2022

Internet Computer has <a rel=«noopener» href=«https://twitter.com/dfinity/status/1486909284931694597?ref_src=» https: blockchain.news target="_blank">launched a roadmap for 2022, saying it will roll out the integration of Bitcoin and Ethereum by the end of 2022.

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