finews.com: Latest Headlines, Breaking News and Top Stories
Dec 20, 2024 · finews.com is Switzerland’s leading news site for all professionals in the financial sector and delivers real-time and constantly-updated news about the Swiss financial industry.
Swiss Financial Hub on the Brink of a Major Breakthrough
1 day ago · The Swiss Franc Is Being Tokenized. This Will Transform the Financial Center, Says David Newns of SIX Digital Exchange. Last spring, the Swiss National Bank (SNB) and SIX Digital Exchange (SDX) launched an initiative that could significantly impact the financial world: the tokenization of the Swiss franc. This project aims to revolutionize traditional interbank trading by introducing a digital ...
PUK Report on CS: This is UBS's Reaction - finews.com
Dec 20, 2024 · UBS has expressed openness to the proposals of the Parliamentary Investigation Commission (PUK) to strengthen the financial center. However, the bank holds a different view on the issue of equity capital. UBS takes note of the report by the Parliamentary Investigation Commission (PUK) on the ...
Parliamentary Investigation Commission on Credit Suisse Crisis ...
May 23, 2024 · The Parliamentary Investigation Commission has now conducted over 60 hearings on the forced sale of Credit Suisse and believes it has gathered the relevant information. Former bank CEOs were also invited for questioning.
Criticism Catches UBS Off Guard - finews.com
Sep 16, 2024 · The merged mega-bank has clashed with the domestic industry, a move that could come at a high cost, writes finews Editor-in-Chief Dominik Buholzer.. UBS CEO Sergio Ermotti spared no opportunity in the first six months of this year to publicly criticize the government's and regulators' plans for stricter capital requirements. However, the increasingly sour mood among Swiss industrial leaders ...
How Switzerland is Missing the Fintech Train in Asia
Nov 8, 2024 · Andreas Berger, CEO Swiss Re (Image: finews.asia) On the other hand, a different, multi-day event in the tropical city-state this week showed how things could be done better: At the 20th Singapore International Reinsurance Conference (SIRC), the entire reinsurance industry gathered under the theme «Revolutionize (Re)Insurance!» At the forefront was Swiss Re, whose CEO Andreas Berger, in ...
Why the SNB Should Reconsider the Gold Question - finews.com
Sep 26, 2024 · Twenty-five years ago, 15 central banks signed the Gold Agreement, paving the way for the Swiss National Bank's gold sales. At the time, many arguments were made against gold as an investment. However, most of these assumptions have since been proven incorrect, prompting the need for a reassessment.
Finma Reaches its Limits and Now Calls for Power to Impose Fines
Dec 19, 2023 · The Swiss Financial Market Supervisory Authority has presented its report on the Credit Suisse crisis. The authority is calling for more options for sanctions, stricter regulatory standards, and the ability to impose additional capital charges.
UBS and the End of the Honeymoon - finews.com
May 13, 2024 · Both operationally and with the integration of Credit Suisse, UBS has done everything right so far. However, as an analysis by finews.com shows, things could change now.. Judging UBS by its stock price is indeed correct.
Mihkel Vitsur: «5 Years – 5 Fintechs – 5 Challenges»
Mar 22, 2024 · The 1st of January, 2024, marked five years since the landmark Fintech License article came into effect. This new legislation has enabled a new wave of innovation across Switzerland's established financial landscape. With this initiative, Switzerland solidifies its position as a global frontrunner in financial technology, demonstrating a commitment to foster the sector's evolution, Mihkel ...