Switzerland Financial News

18.04 / 12:36

Credit Suisse faces $160m claim in London court over ‘systemic fraud’

Credit Suisse will face a $160m claim in London's High Court on 20 April that it made fraudulent misrepresentations around a mortgage-backed security deal.

18.04 / 11:21

UPS UBS Deal Buyback approved UBS approved to fund Credit Suisse deal buyback shares

UBS on 18 April said that it is changing its share-buyback program and will use shares that it has repurchased toward its acquisition of Credit Suisse.

17.04 / 01:58

UPS Provident UBS Morningstar Credit Suisse fund outflows widen to $5.6bn following UBS tie-up

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14.04 / 16:45

Ethereum wallet Polygon Apple Uniswap Decentralization Optimism Apple Approves Decentralized Exchange Uniswap iOS Wallet App – Here's How it Works

"This is not a drill," wrote Uniswap Labs, the company behind one of the world's leading decentralized exchanges. "The Uniswap mobile wallet is out of Apple jail and now live in most countries."

14.04 / 11:45

UPS Target Enterprise UBS rate hikes Banking crisis forces ECB policymakers to rethink rate hikes, but focus still firmly on inflation

European Central Bank policymakers are reconsidering the path of interest rate hikes in light of last month's banking turmoil, but remain committed to reining in core inflation.

14.04 / 11:35

Blockchain UPS Digital VISA Platform compliance Floin Tackles Crypto Compliance by Embracing it: Why More Projects Should Follow Suit?

Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.

13.04 / 19:13

Law regulation SEC TRON US court US court issues summons to Tron's Justin Sun, threatens default judgment if no response

A United States court has issued a summons to Tron founder Justin Sun’s Singapore address in connection to a Securities and Exchange Commission (SEC) civil case.

13.04 / 13:09

UPS Provident CEO Remark Terra Lawyers Lawyers Unsure of Fate of Do Kwon’s ‘Missing $37B’ – Will Investors Ever Get Their Money Back?

South Korean legal experts are unsure if “victims” of fraud allegedly committed by Do Kwon and Terraform Labs executives will ever be able to recoup their funds – with an estimated $37 billion now “missing.”

13.04 / 09:29

Credit Suisse’s European M&A head Mansfield to join Deutsche Bank

Credit Suisse's head of M&A for Europe, the Middle East and Africa is joining Deutsche Bank, just weeks after being handed a bigger role at the Swiss bank.

12.04 / 17:33

regulation Europe FTX Court Bankruptcy Swiss Swiss court gives green light for FTX to sell its European arm

According to bankruptcy cryptocurrency exchange FTX, a court in Switzerland has approved a petition allowing the firm to potentially sell its European business.

12.04 / 13:27

UPS Binance Southern Bitcoin Threat Terra Founder Do Kwon’s Crypto Stash Under Threat as S Korean Prosecutors Make Move

South Korean prosecution officials want to freeze crypto holdings and cash belonging to the Terraform Labs founder Do Kwon, and have asked a court to help them freeze funds located in Switzerland and elsewhere.

12.04 / 11:47

UBS Ex-UBS director Anees Attarwala joins Point72

Hedge fund Point72 has hired former UBS director Anees Attarwala to strengthen its quantitative analysis team.

12.04 / 08:35

COST Waves Ripple CEO UBS NOT Banking turmoil was not a crisis but 'the downside risks are real,' IIF boss warns

The banking sector turmoil that led to the collapse of several lenders was not a systemic crisis and has now subsided, according to Tim Adams, CEO of the Institute of International Finance.

11.04 / 20:37

Ethereum BTC Lowe's Digital MicroStrategy Bitcoin Crypto Investment Products Bitcoin continues to shine with 98% of inflows into crypto investment products

On April 11, European cryptocurrency investment firm CoinShares published its latest “Digital Asset Fund Flows Report,” revealing that digital asset investment products experienced positive sentiment with inflows totaling $57 million last week, bringing inflows back to a net positive position year-to-date. However, despite this, "volumes were low at $970 million for the week," and the global Bitcoin (BTC) exchange market also saw low volumes, which "were just 25% of the year-to-date average at $18 billion for the week."

11.04 / 15:31

Cooper CEO Merit Action Southern HANS Terra founder Do Kwon invites more trouble, million in assets to be frozen

According to a recent Forkast news report, the Seoul Southern District Prosecutors’ Office has frozen 7.1 billion Korean won ($5.36 million) in assets belonging to Terraform Labs CEO Kwon “Do Kwon” Do-hyung.

11.04 / 13:19

UBS Why Credit Suisse’s bonds writedown is hitting Asia’s richest

The full write-down of Credit Suisse’s riskiest bonds as part of its takeover by UBS has left some wealthy Asian investors sitting on big losses.

10.04 / 13:09

Lightning Network lightning Nodes Self Custody network bitcoin lightning The state of the Bitcoin Lightning Network in 2023

The Lightning Network, a layer-2 payment solution built on top of the Bitcoin blockchain, is six years old.

07.04 / 15:27

Gap UBS Kirklands boost Trading Places: Credit Suisse bosses lose bonuses, Kirkland partners get boost, pay gap offenders revealed

The Swiss government slashed bonuses for top managers at Credit Suisse by tens of millions of dollars after the lender’s $3.2bn fire sale to rival UBS. The Swiss Federal Council said it would wipe out all outstanding variable remuneration for Credit Suisse’s executive board.

06.04 / 18:51

markets Federal Reserve Interest rates Credit Suisse Bitcoin Bitcoin Price week $1.12B in Bitcoin options expire this week, and bulls appear to be at a disadvantage

Bitcoin's (BTC) 43% rally between March 10 and March 20 surprised options traders and this is proven by the minimal14% of the $1.12 billion open interest set to expire on April 7 being placed at $28,000 and higher.

06.04 / 13:39

Gap UBS Kirklands boost Trading Places: Credit Suisse bosses lose bonuses, Kirkland partners get boost, pay gap offenders revealed

06.04 / 08:39

Ethereum ETH Provident BTC Digital Platform Bitcoin Bitcoin Price and Ethereum Prediction: ETH Rises 5%, Will BTC Follow Suit?

Bitcoin, the world's largest cryptocurrency, has experienced a rollercoaster ride since the beginning of 2023, surging over 70% in the first quarter. This performance outpaces other assets, such as physical gold and US stocks.

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