Banking in Switzerland

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1h
Swissinfo
Geneva opens money laundering probe into ‘Putin’s banker’Copyright All rights reserved. The content of the website by swissinfo.ch is c
Geneva opens money laundering probe into ‘Putin’s banker’
Swissinfo / Posted an hour ago
Copyright All rights reserved. The content of the website by swissinfo.ch is copyrighted. It is intended for private use only. Any other use of the website content beyond the use stipulated above, particularly the distribution, modification,... Read more
6h
Newsmax
We Can't Borrow From the Future AnymoreBased in Basel, Switzerland, the BIS functions as a master hub for all the worl
We Can't Borrow From the Future Anymore
Newsmax / Posted 6 hours ago
Based in Basel, Switzerland, the BIS functions as a master hub for all the world’s central banks. It settles transactions among central banks and other international organizations. It doesn’t serve private individuals, businesses, or national... Read more
23h
The Aspen Times
Beaton: Why can’t we be more like Switzerland?I came across a big runaway lawnmower as I recently walked along a country road
Beaton: Why can’t we be more like Switzerland?
The Aspen Times / Posted 23 hours ago
I came across a big runaway lawnmower as I recently walked along a country road in Switzerland. Or so I thought. On further inspection, I saw a distant worker with a joystick controlling it remotely. Safely away from passing traffic, he used this... Read more
1d
The Irish Times
Revenue takes aim at opaque financial special purpose vehiclesThe Revenue Commissioners is narrowing its focus on Ireland’s largely opaque “t
Revenue takes aim at opaque financial special purpose vehicles
The Irish Times / Posted yesterday
The Revenue Commissioners is narrowing its focus on Ireland’s largely opaque “tax neutral” world of special-purpose vehicles (SPVs) used by banks, hedge funds and private equity firms to house €750 billion of assets. “Interventions are currently... Read more
3 related stories
2d
dna
How money grew in IndiaThe year was 1990. India was on the brink of bankruptcy. Despite a huge public
How money grew in India
dna / Posted 2 days ago
The year was 1990. India was on the brink of bankruptcy. Despite a huge public outcry, the government was forced to mortgage its gold reserves to meet the country's payment commitments. The government under Narasimha Rao with Manmohan Singh as its... Read more
2d
Beverly Hills Courier
U.S. Justice Department Moves To Seize More Than $1 Billion In Assets, Including L’Ermitage Hotel, ‘Wolf Of Wall Street’ RightsPosted: Friday, July 22, 2016 – 2:06 PM In a stunning blow to Malaysia‘s polit
U.S. Justice Department Moves To Seize More Than $1 Billion In Assets, Including L’Ermitage Hotel, ‘Wolf Of Wall Street’ Rights
Beverly Hills Courier / Posted 2 days ago
Posted: Friday, July 22, 2016 – 2:06 PM In a stunning blow to Malaysia‘s political establishment, the US Justice Department said this week it was moving to seize more than $1 billion in assets allegedly tied to corruption at a state-owned investment... Read more
180 related stories
2d
Naked Capitalism
00PM Water CoolerReaders, Trump, as Trump will do, consumed an inordinate amount of time. Update
00PM Water Cooler
Naked Capitalism / Posted 2 days ago
Readers, Trump, as Trump will do, consumed an inordinate amount of time. Updates to come. “Since Pence took office in January 2013, Indiana taxpayers have provided $818.5 million in subsidies to companies.That is only about a tenth of the largesse... Read more
3d
AllAfrica.com
Second Meeting of the Mauritius-European Free Trade AssociationThe second meeting of the Mauritius-European Free Trade Association (EFTA) Join
Second Meeting of the Mauritius-European Free Trade Association
AllAfrica.com / Posted 3 days ago
The second meeting of the Mauritius-European Free Trade Association (EFTA) Joint Committee opened this morning at the Hennessy Park Hotel, Ebene. The EFTA delegation is led by Mr Martin Eyjólfsson, Ambassador, from the Permanent Mission of Iceland in... Read more
4d
Business Insurance
How the New York Fed fumbled over the Bangladesh Bank heist(Reuters) — Jupiter: That single word, by a stroke of luck, helped stop the Fed
How the New York Fed fumbled over the Bangladesh Bank heist
Business Insurance / Posted 4 days ago
(Reuters) — Jupiter: That single word, by a stroke of luck, helped stop the Federal Reserve Bank of New York from paying nearly $1 billion to the cyber criminals behind a notorious bank heist earlier this year, according to sources familiar with the... Read more
2 related stories
4d
Swissinfo
The role of Swiss banks in the 1MDB scandalCopyright All rights reserved. The content of the website by swissinfo.ch is c
The role of Swiss banks in the 1MDB scandal
Swissinfo / Posted 4 days ago
Copyright All rights reserved. The content of the website by swissinfo.ch is copyrighted. It is intended for private use only. Any other use of the website content beyond the use stipulated above, particularly the distribution, modification,... Read more
12 related stories
4d
Market Watch
Bonds will tell you all you need to know about banksSmart traders believe that the bond market has a better record at forecasting t
Bonds will tell you all you need to know about banks
Market Watch / Posted 4 days ago
Smart traders believe that the bond market has a better record at forecasting the economy than economists themselves. When stocks and bonds give off mixed signals, they usually turn to the bond market for the right call. Right now, with central... Read more
4d
Zero Hedge
US To Seize $1 Billion In Embezzled Malaysian Assets Which Goldman Sachs Helped BuyThe last time we wrote about the long-running saga of the scandalous collapse a
US To Seize $1 Billion In Embezzled Malaysian Assets Which Goldman Sachs Helped Buy
Zero Hedge / Posted 4 days ago
The last time we wrote about the long-running saga of the scandalous collapse and constant corruption at the Malaysian state wealth fund, 1MDB, which also happened to be an unconfirmed slush fund for president Najib, was a month ago when we learned... Read more
180 related stories
4d
Business Standard India
US seeks $1 bn in 1MDB-tied assets, 'Wolf of Wall Street' royaltiesThe US Justice Department is seeking to seize more than $1 billion in assets, i
US seeks $1 bn in 1MDB-tied assets, 'Wolf of Wall Street' royalties
Business Standard India / Posted 4 days ago
The US Justice Department is seeking to seize more than $1 billion in assets, including real estate, art and proceeds from the Wolf of Wall Street movie that it says were illegally acquired with money diverted from the embattled Malaysian development... Read more
180 related stories
4d
RTE News
US moves to seize $1bn from Malaysian fundIn a stunning blow to Malaysia's political establishment, the US Justice Depart
US moves to seize $1bn from Malaysian fund
RTE News / Posted 4 days ago
In a stunning blow to Malaysia's political establishment, the US Justice Department has said it was moving to seize more than $1 billion (€910m) in assets allegedly tied to corruption at a state-owned investment fund. In court papers filed in... Read more
180 related stories
4d
Zero Hedge
"The World's Central Banks Are Making A Big Mistake"Authored by John Mauldin via MauldinEconomics.com, Based in Basel, Switzerland
"The World's Central Banks Are Making A Big Mistake"
Zero Hedge / Posted 4 days ago
Authored by John Mauldin via MauldinEconomics.com, Based in Basel, Switzerland, the BIS functions as a master hub for all the world’s central banks. It settles transactions among central banks and other international organizations. It doesn’t serve... Read more
5d
Fortune
These Are the Best Ways to Invest After Brexit“Brexit,” in which U.K. voters defied the prognosticators and chose to leave th
These Are the Best Ways to Invest After Brexit
Fortune / Posted 5 days ago
“Brexit,” in which U.K. voters defied the prognosticators and chose to leave the European Union, set off shock waves that could very well have a global economic impact. But the reaction among stock investors, in the words of a slogan coined by the... Read more
5d
Swissinfo
Deutsche Bank Gives Frowein, Fuerst New Roles in Latest Shake(Bloomberg) -- Deutsche Bank AG named Patrick Frowein and Berthold Fuerst co-he
Deutsche Bank Gives Frowein, Fuerst New Roles in Latest Shake
Swissinfo / Posted 5 days ago
(Bloomberg) -- Deutsche Bank AG named Patrick Frowein and Berthold Fuerst co-heads of corporate finance for Germany, Austria and Switzerland in the latest shake-up at Europe’s biggest investment bank. Frowein, most recently co-head of global... Read more
5d
CNET
Apple Pay says bonjour to FranceApple/screenshot by Lance Whitney/CNET Apple Pay has arrived in the land of bo
Apple Pay says bonjour to France
CNET / Posted 5 days ago
Apple/screenshot by Lance Whitney/CNET Apple Pay has arrived in the land of boutiques, brasseries and Bordeaux wine. The French website for Apple's payments service now shows Apple Pay to be compatible with Mastercard and Visa credit and debit... Read more
6d
Inquirier.net
Investors’ wish list for the next 6 yearsThe local stock barometer hovered close to the 8,000 level in intra-day trade o
Investors’ wish list for the next 6 years
Inquirier.net / Posted 6 days ago
The local stock barometer hovered close to the 8,000 level in intra-day trade on the day President Duterte was sworn into office. ELOISA LOPE A NEW era has begun for the Philippines under the leadership of an unorthodox President who was catapulted... Read more
6d
Business Wire
United States Ranks 14th in Retirement Security in 2016 Natixis Global Retirement IndexBOSTON--(BUSINESS WIRE)--The United States ranks 14th for retirement security,
United States Ranks 14th in Retirement Security in 2016 Natixis Global Retirement Index
Business Wire / Posted 6 days ago
BOSTON--(BUSINESS WIRE)--The United States ranks 14th for retirement security, according to the 2016 Global Retirement Index, released today by Natixis Global Asset Management. The index examines key factors that drive retirement security and... Read more
6d
Market Watch
The 10 most digitally savvy countries in the worldIn this world, saturated with wars and violence, technology seems to be one of
The 10 most digitally savvy countries in the world
Market Watch / Posted 6 days ago
In this world, saturated with wars and violence, technology seems to be one of few things that keeps advancing and getting better. Access to technology and global connectivity isn’t a privilege for the few, but an opportunity for many. It’s crucial... Read more
7d
Anwar Ibrahim Blog
Singapore ‘in pursuit of 1MDB links’ « Demi RakyatBY A ANANTHALAKSHMI AND SAEED AZHAR (BUSINESSDAY) 18 JULY 2016 SINGAPORE — Si
Singapore ‘in pursuit of 1MDB links’ « Demi Rakyat
Anwar Ibrahim Blog / Posted 7 days ago
BY A ANANTHALAKSHMI AND SAEED AZHAR (BUSINESSDAY) 18 JULY 2016 SINGAPORE — Singapore’s central bank was scrutinising several banks, including UBS and DBS Group Holdings, to see if they broke rules against money laundering in handling transactions... Read more
5 related stories
7d
Swissinfo
US-Swiss ties: business as usual post Obama?Copyright All rights reserved. The content of the website by swissinfo.ch is c
US-Swiss ties: business as usual post Obama?
Swissinfo / Posted 7 days ago
Copyright All rights reserved. The content of the website by swissinfo.ch is copyrighted. It is intended for private use only. Any other use of the website content beyond the use stipulated above, particularly the distribution, modification,... Read more
3 related stories
7d
asianage
UBS, DBS, Falcon face Singapore scrutiny over 1MDB transactions: sourcesUBS, Coutts, and DBS, which is Singapore's top lender, all declined to comment.
UBS, DBS, Falcon face Singapore scrutiny over 1MDB transactions: sources
asianage / Posted 7 days ago
UBS, Coutts, and DBS, which is Singapore's top lender, all declined to comment. The MAS is in talks with several banks and will make an announcement on any punitive action against them after the review is completed. Singapore: Singapore's central... Read more
5 related stories
7d
asianage
UBS, DBS, Falcon face Singapore scrutiny over 1MDB transactions sourcesUBS, Coutts, and DBS, which is Singapore's top lender, all declined to comment.
UBS, DBS, Falcon face Singapore scrutiny over 1MDB transactions sources
asianage / Posted 7 days ago
UBS, Coutts, and DBS, which is Singapore's top lender, all declined to comment. The MAS is in talks with several banks and will make an announcement on any punitive action against them after the review is completed. Singapore: Singapore's central... Read more
5 related stories
8d
Channel NewsAsia
UBS, DBS, Falcon face Singapore scrutiny over 1MDB transactionsSINGAPORE: Singapore's central bank is scrutinising several banks, including UB
UBS, DBS, Falcon face Singapore scrutiny over 1MDB transactions
Channel NewsAsia / Posted 8 days ago
SINGAPORE: Singapore's central bank is scrutinising several banks, including UBS and DBS Group Holdings, to see if they broke anti-money laundering rules in handling transactions linked to scandal-hit Malaysian state fund 1MDB, three people with... Read more
5 related stories
8d
Channel NewsAsia
UBS, DBS, Falcon face Singapore scrutiny over 1MDB transactionsSINGAPORE: Singapore's central bank is scrutinising several banks, including UB
UBS, DBS, Falcon face Singapore scrutiny over 1MDB transactions
Channel NewsAsia / Posted 8 days ago
SINGAPORE: Singapore's central bank is scrutinising several banks, including UBS and DBS Group Holdings, to see if they broke anti-money laundering rules in handling transactions linked to scandal-hit Malaysian state fund 1MDB, three people with... Read more
5 related stories
8d
Reuters
UBS, DBS, Falcon face Singapore scrutiny over 1MDB transactionsA construction worker walks past a 1Malaysia Development Berhad (1MDB) billboar
UBS, DBS, Falcon face Singapore scrutiny over 1MDB transactions
Reuters / Posted 8 days ago
A construction worker walks past a 1Malaysia Development Berhad (1MDB) billboard at the Tun Razak Exchange development in Kuala Lumpur, Malaysia February 3, 2016. SINGAPORE Singapore's central bank is scrutinizing several banks, including UBS... Read more
5 related stories
9d
Swissinfo
The Sub-Zero Club: Getting Used to the Upside-Down World Economy (Correct)(Bloomberg) -- Japanese families seem to have a sudden affinity for home safes.
The Sub-Zero Club: Getting Used to the Upside-Down World Economy (Correct)
Swissinfo / Posted 9 days ago
(Bloomberg) -- Japanese families seem to have a sudden affinity for home safes. According to the Tokyo-based manufacturer Eiko, shipments have doubled since last fall. And in Germany, insurer Munich Re has stashed some 10 million euros ($11.4... Read more
10d
Market Watch
China likely to repeat Japan’s lost decades with debt, unbalanced economy, Senate hearing findsPeople use an excavator as they make their way to work in Wuhan. WASHINGTON —
China likely to repeat Japan’s lost decades with debt, unbalanced economy, Senate hearing finds
Market Watch / Posted 10 days ago
People use an excavator as they make their way to work in Wuhan. WASHINGTON — China is likely to fall into the same economic trap as Japan did to muddle along with sluggish growth as it hesitates to deal with the overcapacity and excess debt issues,... Read more
10d
Market Watch
What happens now that Treasurys hit their target?Yogi Berra famously noted that, "If you don't know where you are going, you mig
What happens now that Treasurys hit their target?
Market Watch / Posted 10 days ago
Yogi Berra famously noted that, "If you don't know where you are going, you might wind up someplace else." His words came to mind as on July 1 around 6:15 a.m., when most of the bond-trading world in the U.S. was just getting ready to go to work, the... Read more
11d
Zero Hedge
Central Bank Wonderland is Complete and Now Open for Business — The Epocalypse Has Fully BegunSummer vacation is here, and the whole global family has arrived at Central-Ban
Central Bank Wonderland is Complete and Now Open for Business — The Epocalypse Has Fully Begun
Zero Hedge / Posted 11 days ago
Summer vacation is here, and the whole global family has arrived at Central-Bank Wonderland, the upside-down, inside-out world that banksters and their puppet politicians call “recovery.” Everyone is talking about it as wizened traders puzzle over... Read more
11d
Daily Mail
George Clooney's Lake Como neighbours vent anger over migrantsEXCLUSIVE - 'We don't want ANY refugees here': George Clooney's super rich Lake
George Clooney's Lake Como neighbours vent anger over migrants
Daily Mail / Posted 11 days ago
EXCLUSIVE - 'We don't want ANY refugees here': George Clooney's super rich Lake Como neighbours say Italian idyll is being RUINED by migrants on their doorstep after Switzerland closes its border Wealthy locals show little sympathy for migrants... Read more
3 related stories
11d
Swissinfo
Swiss fintech faces uphill struggle for toeholdCopyright All rights reserved. The content of the website by swissinfo.ch is c
Swiss fintech faces uphill struggle for toehold
Swissinfo / Posted 11 days ago
Copyright All rights reserved. The content of the website by swissinfo.ch is copyrighted. It is intended for private use only. Any other use of the website content beyond the use stipulated above, particularly the distribution, modification,... Read more
11d
Zero Hedge
Germany Sells First Ever Negative-Yielding 10Y Treasury, Corporate BondsOvernight, we previewed what was about to be a historic for the eurozone bond a
Germany Sells First Ever Negative-Yielding 10Y Treasury, Corporate Bonds
Zero Hedge / Posted 11 days ago
Overnight, we previewed what was about to be a historic for the eurozone bond auction, when this morning Germany sold its first ever 10Y bonds with a zero coupon. As it turned out the issue was historic in another way as well: with the prevailing 10Y... Read more
11d
Swissinfo
UBS Said to Have Flagged Suspicious 1MDB Transactions to MAS(Bloomberg) -- UBS Group AG flagged suspicious transactions linked to 1Malaysia
UBS Said to Have Flagged Suspicious 1MDB Transactions to MAS
Swissinfo / Posted 11 days ago
(Bloomberg) -- UBS Group AG flagged suspicious transactions linked to 1Malaysia Development Bhd. to the Monetary Authority of Singapore, prompting an investigation of the accounts involved, a person familiar with the matter said. The transactions... Read more
11d
Swissinfo
How many passports do you have?Copyright All rights reserved. The content of the website by swissinfo.ch is c
How many passports do you have?
Swissinfo / Posted 11 days ago
Copyright All rights reserved. The content of the website by swissinfo.ch is copyrighted. It is intended for private use only. Any other use of the website content beyond the use stipulated above, particularly the distribution, modification,... Read more
12d
Swissinfo
Investigators coy on UBS link to 1MDBCopyright All rights reserved. The content of the website by swissinfo.ch is c
Investigators coy on UBS link to 1MDB
Swissinfo / Posted 12 days ago
Copyright All rights reserved. The content of the website by swissinfo.ch is copyrighted. It is intended for private use only. Any other use of the website content beyond the use stipulated above, particularly the distribution, modification,... Read more
12d
Business Wire
Investing in Cures for Cancer: GE Poised to Lead Industrialization of Cell Therapy Industry with Acquisition of Biosafe Group SACHALFONT ST GILES, England--(BUSINESS WIRE)--GE Healthcare has acquired Biosafe
Investing in Cures for Cancer: GE Poised to Lead Industrialization of Cell Therapy Industry with Acquisition of Biosafe Group SA
Business Wire / Posted 12 days ago
CHALFONT ST GILES, England--(BUSINESS WIRE)--GE Healthcare has acquired Biosafe Group SA, a supplier of integrated cell bioprocessing systems for the rapidly growing cell therapy and regenerative medicine industry for an undisclosed sum. The... Read more
12d
AllAfrica.com
Book Review - Tales of the Reuse of Johannesburg's Modernist SkyscrapersHannah Le Roux, University of the Witwatersrand Up Up: Stories of Johannesburg
Book Review - Tales of the Reuse of Johannesburg's Modernist Skyscrapers
AllAfrica.com / Posted 12 days ago
Hannah Le Roux, University of the Witwatersrand Up Up: Stories of Johannesburg's Highrises is a slab of a book about buildings and stories from Johannesburg's original city centre. The project is put together by four young editors from Switzerland... Read more
13d
Zero Hedge
Stockman Rages: Ben Bernanke Is "The Most Dangerous Man Walking This Planet"Submitted by David Stockman via Contra Corner blog, Ben Bernanke is one of the
Stockman Rages: Ben Bernanke Is "The Most Dangerous Man Walking This Planet"
Zero Hedge / Posted 13 days ago
Submitted by David Stockman via Contra Corner blog, Ben Bernanke is one of the most dangerous men walking the planet. In this age of central bank domination of economic life he is surely the pied piper of monetary ruin. At least since 2002 he has... Read more
22 related stories
13d
Yonhap News Agency
(Yonhap Interview) Switzerland 'ready' to act against N.K. money, concerned about human rights: president(ATTN: ADD more remarks in last 2 paras, photo) By Koh Byung-joon SEOUL, July
(Yonhap Interview) Switzerland 'ready' to act against N.K. money, concerned about human rights: president
Yonhap News Agency / Posted 13 days ago
(ATTN: ADD more remarks in last 2 paras, photo) By Koh Byung-joon SEOUL, July 12 (Yonhap) -- Swiss President Johann Schneider-Ammann said Tuesday that his country is "ready" to take action if North Korean leader Kim Jong-un is found to have used... Read more
13d
The Star
Tuesday, July 12MarketWrap: The US benchmark S&P 500 stock index set record intraday and closin
Tuesday, July 12
The Star / Posted 13 days ago
MarketWrap: The US benchmark S&P 500 stock index set record intraday and closing highs on Monday as last week's strong monthly US jobs report worked its way into financial markets, and European shares rose as a single candidate emerged to succeed... Read more
14d
The Moscow Times
Credit Suisse Halts Onshore Booking Platform for Russian ResidentsCredit Suisse has stopped providing onshore booking platforms for clients livin
Credit Suisse Halts Onshore Booking Platform for Russian Residents
The Moscow Times / Posted 14 days ago
Credit Suisse has stopped providing onshore booking platforms for clients living in the Russian Federation, the Russian Forbes magazine reported on Monday. �For a global bank, a full-value private banking platform in Russia is like a Rolls-Royce... Read more
14d
The Moscow Times
Credit Suisse Halts Private Banking Services for Russian ResidentsCredit Suisse has stopped providing private banking business services for clien
Credit Suisse Halts Private Banking Services for Russian Residents
The Moscow Times / Posted 14 days ago
Credit Suisse has stopped providing private banking business services for clients living in the Russian Federation, the Russian Forbes magazine reported on Monday. The bank took the decision at the end of May and began informing its clients in June,... Read more
14d
Business Insider
HSBC: Europe has reached a fork in the roadEurope has reached a crossroad and European leaders need to fundamentally alter
HSBC: Europe has reached a fork in the road
Business Insider / Posted 14 days ago
Europe has reached a crossroad and European leaders need to fundamentally alter the way the continent's economic and political landscape is laid out, or risk seeing continued unrest and a potential domino effect of more and more countries choosing to... Read more
14d
Sarawak Report
MAJOR EXCLUSIVE - UBS Singapore Held The Fake Aabar's Account And Received IMDB Global's Cash From BSI! In what appears to be a major step forward in the unravelling of the mystery
MAJOR EXCLUSIVE - UBS Singapore Held The Fake Aabar's Account And Received IMDB Global's Cash From BSI!
Sarawak Report / Posted 14 days ago
In what appears to be a major step forward in the unravelling of the mystery of 1MDB’s missing billions, Sarawak Report has obtained records of... Read more
14d
Brisbane Times
Investors bet on stimulus share boostElite funds and banks are quietly amassing global equities and emerging market
Investors bet on stimulus share boost
Brisbane Times / Posted 14 days ago
Elite funds and banks are quietly amassing global equities and emerging market assets, betting that precautionary stimulus around the world will overwhelm any local damage in Britain and drive one last leg of this ageing financial cycle. It is a... Read more
4 related stories
14d
WA Today
Investors bet on stimulus share boostElite funds and banks are quietly amassing global equities and emerging market
Investors bet on stimulus share boost
WA Today / Posted 14 days ago
Elite funds and banks are quietly amassing global equities and emerging market assets, betting that precautionary stimulus around the world will overwhelm any local damage in Britain and drive one last leg of this ageing financial cycle. It is a... Read more
4 related stories
14d
The Age
Investors bet on stimulus share boostElite funds and banks are quietly amassing global equities and emerging market
Investors bet on stimulus share boost
The Age / Posted 14 days ago
Elite funds and banks are quietly amassing global equities and emerging market assets, betting that precautionary stimulus around the world will overwhelm any local damage in Britain and drive one last leg of this ageing financial cycle. It is a... Read more
4 related stories
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