Switzerland Financial News
18.01 / 13:09
Stocks market
UBS
Credit Suisse chair António Horta-Osório steps down over Covid breaches
Credit Suisse chair Sir António Horta-Osório has resigned from the Swiss bank after just eight months following a probe into his breaches of Covid-19 rules.
17.01 / 19:35
exit
Top Credit Suisse investor backs board to ‘revitalise’ bank after Horta-Osório exit
A major Credit Suisse shareholder said he hopes the Swiss bank will be "revitalised" following another shake-up of its board that ousted Sir António Horta-Osório as chair after just eight months for breaching Covid-19 rules.
17.01 / 14:33
UBS
exit
Horta-Osório’s exit throws Credit Suisse’s grand transformation into disarray
Credit Suisse has been dealt a fresh blow, as the high-profile banker drafted in to steady the ship and turn the bank around after a series of scandals resigned after just eight months following breaches of Covid-19 quarantine rules.
17.01 / 11:05
Stocks market
UBS
Credit Suisse chair António Horta-Osório steps down over Covid breaches
Credit Suisse chairman António Horta-Osório has resigned from the Swiss bank after just eight months following a probe into his breaches of Covid-19 rules.
15.01 / 00:09
markets
business
Stablecoin
ETF
Cathie Wood’s ARK ETF reportedly buys 6.93M shares of SPAC merging with Circle
Cathie Wood's Ark Invest has reportedly purchased 6.93 million shares of the special purchase acquisition company, or SPAC, that is merging with Circle, for $70.6 million through the company’s ARK Fintech Innovation exchange-traded fund (ETF). This purchase would represent a new position for the ETF, according to MarketWatch.
14.01 / 21:47
Ethereum
XRP
Cardano
Bitcoin
Price analysis 1/14: BTC, ETH, BNB, SOL, ADA, XRP, LUNA, DOT, AVAX, DOGE
Bitcoin (BTC) and most major altcoins are facing selling at higher levels and buying on dips, indicating the possibility of a range formation. On-chain analysis firm Whalemap said that a “reclaim of $46,500 will look like a trend reversal,” for Bitcoin as the previous accumulation phase of 90,000 BTC was at this level.
14.01 / 20:24
education
NATO
Ukraine's Zelenskyy invites Biden and Putin to trilateral talks
Ukrainian President Volodymyr Zelenskyy has invited Joe Biden and Vladimir Putin to meet with him amid tensions with Russia along the border, one of his close advisers said Friday.
14.01 / 19:57
Ethereum
Binance
Bitcoin
hearing
Proof-of-work Hearing, Robinhood on Crypto Investments, 55 'Rug-Potentials' + More News
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
14.01 / 11:53
UPS
Citigroup
Barclays hires Citigroup’s Baumann to lead German investment banking
Barclays hired Citigroup's head of investment banking for Germany as the UK lender bulks up its European presence.
13.01 / 18:35
UPS
TUCKER
Credit Suisse poaches Nomura banker Tucker for investment bank and wealth management tie up
Credit Suisse has hired another senior dealmaker as it expands its unit offering investment banking work to wealth management clients amid a broader pivot to serving the super-rich.
13.01 / 17:06
Blockchain
Adoption
Central Bank
Swiss
wholesale
Swiss central bank tests wholesale CBDC with commercial partners
Switzerland took another step to clarify the roadmap for integrating central bank digital currencies (CBDC) into the current financial system.
13.01 / 14:31
UPS
Citigroup
Barclays hires Citigroup’s Baumann to lead German investment banking
Barclays hired Citigroup's head of investment banking for Germany as the UK lender bulks up its European presence.
13.01 / 14:25
Central Bank
banking
BIS Claims a CBDC Interoperability Victory – While US Congressman Bids to Block Digital USD
The Bank for International Settlements (BIS) says it has made another breakthrough in its central bank digital currency (CBDC) interoperability project – claiming that it has “successfully tested” the integration of wholesale CBDC settlement with commercial banks.
13.01 / 13:28
Credit Suisse unveils overhaul of senior ranks as Welter, Wah co-lead global banking
Credit Suisse has named a swathe of new leaders for its investment banking businesses as the Swiss bank looks to stabilise its senior ranks after a number of departures.
13.01 / 12:45
business
Adoption
Conference
Bitcoin
boost
Institutional investment will boost Bitcoin to $75,000, says SEBA CEO
The CEO of Swiss-based financial institution SEBA Bank shared his predictions for Bitcoin in 2022. A boon for BTC bulls, Guido Buehler was optimistic about institutional adoption and a price increase to $75,000 per coin.
12.01 / 17:28
UPS
TUCKER
Credit Suisse poaches Nomura banker Tucker for investment bank and wealth management tie up
Credit Suisse has hired another senior dealmaker as it expands its unit offering investment banking work to wealth management clients amid a broader pivot to serving the super-rich.
12.01 / 17:23
Blockchain
Target
Digital
CEO
expansion
Seba Bank
Seba Bank eyes global expansion on €100 million funding round
Finma-approved Seba Bank is currently supporting over 25 markets globally, having strengthened its presence in Apac earlier this year by appointing a regional CEO to cover its operations in Hong Kong and Singapore. The Swiss bank has also opened an office in Abu Dhabi to target investors in the Middle east.Guido Buehler, CEO at SEBA Bank, says: “ With the support of such a strong group of investors, offering depth and breadth across the domains of finance, fintech, and blockchain, Seba Bank is privileged to access a wide range of new skills and capabilities to fast-forward our growth plans.
12.01 / 16:53
12.01 / 16:28
business
Blockchain
Adoption
Banks
Seba Bank
Seba Bank raises $119M in Series C funding
Seba Bank, a Swiss-based digital assets banking platform regulated by the Swiss Financial Market Supervisory Authority, announced on Wednesday that it had completed a successful Series C funding round of 110 million Swiss franc, or $119 million U.S. dollars. Notable investors in the round included cryptocurrency exchange FTX, quantitative digital currency trading firm Alameda Research, decentralized finance asset management firm DeFi Technologies, and venture capital entities such as Altive, Ordway Selections and Summer Capital.
12.01 / 15:49
Adoption
Payments
retail
Bitcoin
Retail is pushing the Bitcoin price up, says Ledger CEO
As crypto prices recover after a slump last week, Pascal Gauthier, CEO of crypto wallet firm Ledger, addressed questions relating to the state of the crypto market.
11.01 / 22:09
Credit Suisse unveils overhaul of senior ranks as Welter, Wah co-lead global banking
Credit Suisse has named a swathe of new leaders for its investment banking businesses as the Swiss bank looks to stabilise its senior ranks after a number of departures.
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