Switzerland Financial News

05.07 / 08:53

Finma chief calls for watchdog’s powers to be bolstered after Credit Suisse debacle

Switzerland’s financial services watchdog boss says it had limits over what it could do during the sudden takeover of Credit Suisse by rival UBS.

05.07 / 01:55

UPS Platform NIFTY Stocks in news: LTIMindtree, Mankind Pharma, RBL Bank, Suzlon Energy, Aurobindo Pharma

Nifty futures traded 13 points, or 0.07 per cent, higher at 19,506.50, signaling that Dalal Street was headed for muted start on Wednesday. Here's a slew of stocks that will be in focus today for various reasons.LTI MindTreeIndia's sixth largest IT company LTIMindtree will replace HDFC in Nifty following the merger of the mortgage lender with HDFC Bank.Mankind PharmaMankind Pharma, a recent entrant to the stock exchanges, has been included to several Nifty indices including Nifty500, Nifty Midcap150, Nifty Midcap100 and Nifty200.Read more: What changed for market while you were sleepingRBL BankThe Bank's retail advances grew 32% YoY while wholesale advances grew 8% YoY for the quarter ended June 2023.

04.07 / 16:13

UBS Swiss Deal Swiss investment group Ethos Foundation joins legal challenge to Credit Suisse-UBS deal

A group of leading Swiss investors have joined the legal challenge to UBS's shotgun wedding with cross-town rival Credit Suisse, which was pushed through by the Swiss government in March.

04.07 / 15:09

Ethereum Stablecoin Sport Legal Credit Suisse Bitcoin defi protocols Standard Today in Crypto: Bitget Launches Crypto Loans Product, Ethereum Community Proposes New Standard to Strengthen DeFi Protocols' Security, China Tightens Exports of Two Key Materials Used in Computer Chips

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________

04.07 / 15:09

UBS companies Credit Suisse Swiss Takeover Swiss foundation Ethos joins legal case against UBS takeover of Credit Suisse

Ethos, Swiss Foundation for Sustainable Development, is composed of 250 Swiss pension funds and public utility foundations, which aim to promote socially responsible investment.

04.07 / 15:01

Provident Wimbledon 2023: How to watch live telecast, streaming?

Today at Wimbledon: Catch the day's best moments on BBC Two and iPlayer at 9pm. Qasa Alom hosts the show, providing highlights from the day's matches along with special guests. Wimbledon Coverage on BBC News TV Ne

04.07 / 14:33

Blockchain Adoption Venture Capital ICO Blockstream Bitcoin Venture capital's ICO gambits left Bitcoin ecosystem underfunded - Adam Back

Initial coin offerings (ICOs) may have hampered the development of the Bitcoin ecosystem, with market research reflecting a massive slant towards non-Bitcoin investments by venture capitalists over the past five years.

04.07 / 11:49

UPS Waters Polymetal copper Glencore moves to take full control of PolyMet, developer of Minnesota copper-nickel mine

Swiss commodities giant Glencore has moved to take full ownership of PolyMet Mining

04.07 / 10:57

Unit trusts/OEICs Odey Asset Management Odey in talks to transfer Special Situations fund to Green Ash Partners

The discussions are subject to due diligence and necessary fund board, ACD, management company and regulatory approvals.

04.07 / 10:57

VISA MasterCard inflation Interest rates Unit trusts/OEICs Blue Whale bets on Mastercard and Visa as inflation hedge

Yiu is also confident in tech companies such as Nvidia, ASML and Lam Research, which made it to the fund's top ten holdings.

04.07 / 10:19

CEO Action UBS Takeover Credit Suisse investor group seeks better UBS takeover price: Report

A Swiss proxy adviser representing a former Credit Suisse shareholders has backed a class-action lawsuit seeking a better price from UBS for its takeover of its cross-town rival, it said on Tuesday. Ethos Foundation, which represents a Swiss pension funds that owned more than three per cent of Credit Suisse, "has decided to support the Lausanne-based legal start-up LegalPass in its legal action against the exchange ratio set in the context of the acquisition of Credit Suisse by UBS," it said in a statement.

04.07 / 06:19

Provident Anil Ambani's wife, Tina Ambani appears before ED in FEMA case; Details here

Anil Ambani, Chairman of Reliance ADA Group, appeared before the Enforcement Directorate (ED) in Mumbai for questioning and to provide her statement regarding an investigation related to the alleged violation of foreign exchange regulations, according to official sources. Anil Ambani had already given his statement on Monday, 3 July, under sections of the Foreign Exchange Management Act 1999 (FEMA), and he is expected to appear before the ED again later in the week to complete the process.

04.07 / 05:23

Man Dreams Adventure Watch: Roger Federer joins Coldplay as the fifth member, says 'Adventure of a lifetime'

Roger Federer shared the stage with the British rock band Coldplay. Federer joined Coldplay for a song during their concert in Zurich, Switzerland, on Saturday. The rock band has shared the stage with many guests during the course of last year as part of its 'Music of the Spheres' world tour.

04.07 / 04:57

Adoption NFT Tokens Fashion Credit Suisse Nifty News: Blue chip NFT prices wobble, Credit Suisse tries tokens and more

The largest nonfungible token (NFT) collections by market capitalization are in a sea of red as the cheapest NFTs in their collections took dives over the past week with some hitting near two-year lows.

03.07 / 21:59

COST Provident Man Platform Compilation Discover Sky Cinema July calendar: See all releases coming to platform this month

Sky Cinema offers movie premieres along with the added bonus of Paramount+. To help you discover new favorites, we have compiled a list of upcoming premieres this month. The premiere dates may change. For Sky subscribers without movie channels, there is an additional cost of £12 per month for a minimum 18-month contract. Sky also offers ongoing deals, such as the Sky + Cinema + Netflix package, providing access to Sky channels (including Cinema) and Netflix for £37 per month over 18 months.

03.07 / 18:17

Blockchain NFT layer2 FinTech Arbitrum Debit Cards This platform makes debit card transactions possible directly on Arbitrum

A revolution is unfolding in the world of global payments, led by the transformative power of layer-2 technology and serving traditional banking infrastructure, such as financial messaging and card payment networks. Working together, there is a shift in the fundamentals of financial interaction, using groundbreaking technical architecture to enhance security, efficiency and unrestricted access to the global financial network.

03.07 / 18:11

Citi Target Racing One death, 3,000 arrests. Why is Paris on the boil?

Mint explains the crisis in France: What triggered this crisis? The immediate trigger was the 27 June-shooting of Marzouk, of Algerian and Moroccan descent. He was shot and killed at a traffic stop by policemen. The officers involved in the incident initially claimed that they shot Nahel in self-defence as he tried to plough his car into them.

03.07 / 16:27

What do you do when the music stops? There is life after rock.

A wise music industry person once told me that the average lifespan of a band is about seven years. You form, get better, get big, peak, enter a decline, and then break up. You burn through all your youthful angst and energy, grow older, gain new perspectives, find yourself with new responsibilities and interests, and move on with your life.

03.07 / 14:51

UPS Provident UBS Browser Morningstar UBS aims to avoid using $10bn Credit Suisse backstop amid backlash

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03.07 / 09:43

UPS Lowe's Target UBS Deutsche Bank will need to justify its big hiring soon

While most banks are tempering their appetite for new recruits in 2023, Deutsche Bank is not. After hoovering up much of Credit Suisse's London credit trading team in late 2022, Deutsche has continued to hire from the Swiss bank and elsewhere this year. 2023's hires have been focused on investment bankers: Fabrizio Campelli, head of Deutsche's corporate and investment bank, says 50 senior bankers have been added this year.

03.07 / 09:43

UPS Provident FIVE Waters AXY Career The top 100 universities for careers in banking

Going to the right university is as important to your potential career in finance as drinking water, eating food, or even breathing. But which universities are best? It’s a question that has plagued students for years.

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