Banking in Switzerland

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14h
Swissinfo
Negative Rates Can Work in Small Economy, Credit Suisse CEO Says(Bloomberg) -- The case of Switzerland shows that negative rates can be success
Negative Rates Can Work in Small Economy, Credit Suisse CEO Says
Swissinfo / Posted 14 hours ago
(Bloomberg) -- The case of Switzerland shows that negative rates can be successful in small countries, Credit Suisse Group AG Chief Executive Officer Tidjane Thiam said. Echoing comments made by Bank of England Governor Mark Carney last month, the... Read more
17h
Market Watch
Credit Suisse CEO sees no letup to challengesCredit Suisse Group AG has faced ongoing challenges in the third quarter, Chief
Credit Suisse CEO sees no letup to challenges
Market Watch / Posted 17 hours ago
Credit Suisse Group AG has faced ongoing challenges in the third quarter, Chief Executive Tidjane Thiam said Tuesday, as the Zurich-based bank moves ahead with thousands of job cuts planned for the end of this year. Speaking at an investment... Read more
1d
Reuters
Ministers aim to wrap up services trade deal in early DecemberGENEVA Countries negotiating an international agreement on trade in services pl
Ministers aim to wrap up services trade deal in early December
Reuters / Posted yesterday
GENEVA Countries negotiating an international agreement on trade in services plan to meet in early December to try to finalize the deal, U.S. Ambassador to the World Trade Organization Michael Punke told reporters on Monday. The Trade in Services... Read more
1d
Swissinfo
Automatic exchange of information deal finalisedCopyright All rights reserved. The content of the website by swissinfo.ch is c
Automatic exchange of information deal finalised
Swissinfo / Posted yesterday
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
1d
The Economic Times
Switzerland ratifies convention for automatic tax information exchange regimeBERN | NEW DELHI: Paving the way for the automatic exchange of tax information
Switzerland ratifies convention for automatic tax information exchange regime
The Economic Times / Posted yesterday
BERN | NEW DELHI: Paving the way for the automatic exchange of tax information with India and other nations, Switzerland has ratified the multilateral convention on administrative assistance in taxation matters. The move marks a significant step in... Read more
1d
New Zimbabwe
Yamamoto: why a UN Pull Out won’t happenYOU don’t have to be an Einstein to figure out that it costs significant taxpay
Yamamoto: why a UN Pull Out won’t happen
New Zimbabwe / Posted yesterday
YOU don’t have to be an Einstein to figure out that it costs significant taxpayer resources to fund multilateral organizations. Just do the math! So, how does Mugabe hope to fund that organization in his head if he cannot even pay his government’s... Read more
1d
Swissinfo
Swiss blue chips: US staff favour RepublicansCopyright All rights reserved. The content of the website by swissinfo.ch is c
Swiss blue chips: US staff favour Republicans
Swissinfo / Posted yesterday
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
1d
The Economic Times
France asks Switzerland to hand over 45,000 UBS accountsPARIS: French tax authorities have asked Switzerland to hand over client inform
France asks Switzerland to hand over 45,000 UBS accounts
The Economic Times / Posted yesterday
PARIS: French tax authorities have asked Switzerland to hand over client information for some 45,000 bank accounts as part of a probe into alleged tax fraud, Le Parisien daily said today. Swiss banking giant UBS said in July that the Swiss... Read more
2d
Bangkok Post - Thailand's English news
France asks Switzerland to hand over 45,000 UBS accountsPARIS - French tax authorities have asked Switzerland to hand over client infor
France asks Switzerland to hand over 45,000 UBS accounts
Bangkok Post - Thailand's English news / Posted 2 days ago
PARIS - French tax authorities have asked Switzerland to hand over client information for some 45,000 bank accounts as part of a probe into alleged tax fraud, Le Parisien daily said Monday. Banking giant UBS has said the Swiss authorities asked it... Read more
2d
Namibia Economist
The parable of TicinoFOR the European Union’s high priesthood in Brussels, the right of people to li
The parable of Ticino
Namibia Economist / Posted 2 days ago
FOR the European Union’s high priesthood in Brussels, the right of people to live and work anywhere in Europe is sacred. But free movement is a worldlier concern for Franco Puffi, who runs Precicast, a high-tech metal foundry in Ticino, a Swiss... Read more
3d
Inquirier.net
Expats find PH ideal for love lifeIt’s the best place to find a match made in heaven, get closer to the one you l
Expats find PH ideal for love life
Inquirier.net / Posted 3 days ago
It’s the best place to find a match made in heaven, get closer to the one you love or create a cozy love nest. The Philippines is among the world’s most attractive destination for expatriates seeking a healthier love life and social life even though... Read more
8 related stories
4d
Aliran Online
Treat grave US justice department allegations with utmost seriousness, urges BarThe Malaysian Bar is deeply disturbed by the grim disclosures contained in the
Treat grave US justice department allegations with utmost seriousness, urges Bar
Aliran Online / Posted 4 days ago
The Malaysian Bar is deeply disturbed by the grim disclosures contained in the complaint filed by the United States justice department “to forfeit assets involved in and traceable to an international conspiracy to launder money misappropriated from... Read more
5d
The Indian Express
Hassan Ali questioned again over ‘fresh evidence’ of money launderingSo far, ED is probing Khan for alleged laundering of million acquired by him in
Hassan Ali questioned again over ‘fresh evidence’ of money laundering
The Indian Express / Posted 5 days ago
So far, ED is probing Khan for alleged laundering of million acquired by him in 1997 and 0,000 acquired in 2006 under the Prevention of Money Laundering Act (PMLA). LAST month, a three-member panel of top officials of investigating agencies is said... Read more
5d
express
Senior Tory explains why Iceland is NOT a model for post-Brexit BritainMr Evans warns that adopting other country's models would 'jeopradise' Britain'
Senior Tory explains why Iceland is NOT a model for post-Brexit Britain
express / Posted 5 days ago
Mr Evans warns that adopting other country's models would 'jeopradise' Britain's economic future Mr Evans, a former Deputy Speaker of the Commons who was a leading Brexit campaigner, has written a critique for Express.co.uk on why Britain needs to... Read more
5d
Market Watch
How negative rates have clobbered bank stocks, in one chartThe success of negative interest rates has been heavily debated, but now Citigr
How negative rates have clobbered bank stocks, in one chart
Market Watch / Posted 5 days ago
The success of negative interest rates has been heavily debated, but now Citigroup is offering proof that at least one of part of the economy is suffering from the unconventional policy tool: Banking. As this chart below from the Wall Street giant... Read more
6d
Business Wire
The Bank of N.T. Butterfield & Son Limited Announces Closing of Initial Public OfferingHAMILTON, Bermuda & NEW YORK--(BUSINESS WIRE)--The Bank of N.T. Butterfield & S
The Bank of N.T. Butterfield & Son Limited Announces Closing of Initial Public Offering
Business Wire / Posted 6 days ago
HAMILTON, Bermuda & NEW YORK--(BUSINESS WIRE)--The Bank of N.T. Butterfield & Son Limited (“Butterfield”) (BSX:NTB.BH) announced today the closing of its previously announced initial public offering (“IPO”) of 12,234,042 of its voting ordinary shares... Read more
3 related stories
6d
The Irish Times
Ex- EU official among names revealed in huge Bahamas documents leakFor years, Neelie Kroes traveled Europe as one of the continent’s senior offici
Ex- EU official among names revealed in huge Bahamas documents leak
The Irish Times / Posted 6 days ago
For years, Neelie Kroes traveled Europe as one of the continent’s senior officials, warning big corporations that they couldn’t “run away” from the European Union’s rules. The Dutch politician sympathised with average citizens who worried they’d been... Read more
34 related stories
6d
CBC.ca
Bahamas hit by Panama Papers-type data leakRecords on tens of thousands of largely secrecy-clad companies registered in th
Bahamas hit by Panama Papers-type data leak
CBC.ca / Posted 6 days ago
Records on tens of thousands of largely secrecy-clad companies registered in the Bahamas, including thousands with ties to Canada, have been divulged en masse as one of the world's premier tax havens becomes the first to suffer a mass data leak since... Read more
34 related stories
6d
Swissinfo
Julius Baer’s Asia Revenue May Top Europe in 5 Years, CEO Says(Bloomberg) -- Julius Baer Group Ltd. said Asia may overtake Europe as its bigg
Julius Baer’s Asia Revenue May Top Europe in 5 Years, CEO Says
Swissinfo / Posted 6 days ago
(Bloomberg) -- Julius Baer Group Ltd. said Asia may overtake Europe as its biggest revenue-generating region, as the Swiss wealth manager steps up hiring in Hong Kong and Singapore. “In the next five years, Asia could be the biggest region for us if... Read more
7d
The Hindu
An independent RBI is a chimera, writes Charan SinghIn an emerging market economy like India’s where the main objective of macro po
An independent RBI is a chimera, writes Charan Singh
The Hindu / Posted 7 days ago
In an emerging market economy like India’s where the main objective of macro policy is economic welfare, the central bank cannot work independently of the government In recent months, the country has witnessed a raging debate on the independence of... Read more
7d
The Economic Times
India less prone to banking crises; risks higher for China: Bank for International SettlementsData compiled by BIS of more than 40 economies show that credit-to-GDP gap was
India less prone to banking crises; risks higher for China: Bank for International Settlements
The Economic Times / Posted 7 days ago
Data compiled by BIS of more than 40 economies show that credit-to-GDP gap was among the least for India in the first quarter of this year. The metric, seen as a reliable early warning indicator of impending financial crises, captures the build-up... Read more
22 related stories
7d
Business Wire
WISeKey Completes the Acquisition of INSIDE Secure Semiconductor Business and Integrates Vault IC to its Vertical Cybersecurity PlatformGENEVA & ZUG, Switzerland--(BUSINESS WIRE)--WISeKey International Holding Ltd (
WISeKey Completes the Acquisition of INSIDE Secure Semiconductor Business and Integrates Vault IC to its Vertical Cybersecurity Platform
Business Wire / Posted 7 days ago
GENEVA & ZUG, Switzerland--(BUSINESS WIRE)--WISeKey International Holding Ltd (“WISeKey”, SIX: WIHN), a leading cybersecurity company announced today that it has concluded the acquisition of the secure Internet of Things (“IoT”) integrated circuit... Read more
7d
The Economic Times
India less prone to banking crises;risks higher for China: Bank for International SettlementsData compiled by BIS of more than 40 economies show that credit-to-GDP gap was
India less prone to banking crises;risks higher for China: Bank for International Settlements
The Economic Times / Posted 7 days ago
Data compiled by BIS of more than 40 economies show that credit-to-GDP gap was among the least for India in the first quarter of this year. The metric, seen as a reliable early warning indicator of impending financial crises, captures the build-up... Read more
22 related stories
7d
Business Wire
Accenture Debuts Prototype of ‘Editable’ Blockchain for Enterprise and Permissioned SystemsNEW YORK & LONDON & HONG KONG--(BUSINESS WIRE)--Accenture (NYSE:ACN) has create
Accenture Debuts Prototype of ‘Editable’ Blockchain for Enterprise and Permissioned Systems
Business Wire / Posted 7 days ago
NEW YORK & LONDON & HONG KONG--(BUSINESS WIRE)--Accenture (NYSE:ACN) has created a prototype of a new capability that enables blockchain technology to be edited under extraordinary circumstances to resolve human errors, accommodate legal and... Read more
3 related stories
7d
Naked Capitalism
Theresa May Outs Herself as Wall Street's Poodle in Brexit TalksTheresa May’s latest move from a Monty Python skit is her lack of a pith helmet
Theresa May Outs Herself as Wall Street's Poodle in Brexit Talks
Naked Capitalism / Posted 7 days ago
Theresa May’s latest move from a Monty Python skit is her lack of a pith helmet and safari jacket. The British Prime Minister, per the Financial Times, plans to visit with top executives of major Wall Street firms to “canvass” them on “how... Read more
27 related stories
8d
Channel NewsAsia
China facing possible debt crisis: Bank watchdogBEIJING: China's banking sector could be facing an imminent debt crisis, a glob
China facing possible debt crisis: Bank watchdog
Channel NewsAsia / Posted 8 days ago
BEIJING: China's banking sector could be facing an imminent debt crisis, a global central bank watchdog has warned, fuelling fresh fears of a blowout in the world's second largest economy which could hit the global financial system. The Bank for... Read more
22 related stories
9d
Reuters
Dollar lending outside U.S. falls for first time since 2009: BISUnited States one dollar bills are seen on a light table at the Bureau of Engra
Dollar lending outside U.S. falls for first time since 2009: BIS
Reuters / Posted 9 days ago
United States one dollar bills are seen on a light table at the Bureau of Engraving and Printing in Washington November 14, 2014. REUTERS/Gary Cameron/File Photo LONDON Global lending remained weak in 2016's first quarter, with dollar-denominated... Read more
22 related stories
9d
Reuters
'Dissonant markets' may be underestimating risks to stability: BISLONDON Financial markets have coped well with Brexit and other potentially disr
'Dissonant markets' may be underestimating risks to stability: BIS
Reuters / Posted 9 days ago
LONDON Financial markets have coped well with Brexit and other potentially disruptive political developments recently but asset prices may be running too high and the potential risks to market stability are growing, a report warned on Sunday. In its... Read more
4 related stories
10d
The China Post
For Taiwan economy, a quick rebound may not be in the cards: UBS TAIPEI -- It will be difficult for Taiwan's economy to stage a meaningful rec
For Taiwan economy, a quick rebound may not be in the cards: UBS
The China Post / Posted 10 days ago
TAIPEI -- It will be difficult for Taiwan's economy to stage a meaningful recovery in the short term since the country is suffering from insufficient domestic investment,... Read more
11d
Reuters
Central banks confirm formed task force on payments fraudBenoit Coeure, member of the Executive Board of the European Central Bank (ECB)
Central banks confirm formed task force on payments fraud
Reuters / Posted 11 days ago
Benoit Coeure, member of the Executive Board of the European Central Bank (ECB), gestures during the session 'The Global Economic Outlook' in the Swiss mountain resort of Davos January 24, 2015. REUTERS/Ruben Sprich NEW YORK A committee of the... Read more
10 related stories
11d
Channel NewsAsia
Central banks confirm formed task force on payments fraudNEW YORK: A committee of the world's major central banks said on Friday it has
Central banks confirm formed task force on payments fraud
Channel NewsAsia / Posted 11 days ago
NEW YORK: A committee of the world's major central banks said on Friday it has launched a task force to examine cyber security in cross-border banking and to ensure interbank payments are protected, confirming an earlier Reuters report. "Recent... Read more
10 related stories
11d
The Irish Times
Glenn Close: 'It's been hard to get a script where I am the main character'Glenn Close is delighted to hear that I’m calling from Dublin. “Oh, say ‘hi’ to
Glenn Close: 'It's been hard to get a script where I am the main character'
The Irish Times / Posted 11 days ago
Glenn Close is delighted to hear that I’m calling from Dublin. “Oh, say ‘hi’ to John Banville for me!” she says and, I’m not sure if she’s joking, so, I just go along with the brief conceit that John and I are besties, and I will indeed do so next... Read more
2 related stories
11d
The Irish Times
Glenn Close: "I catch myself in the mirror and say, ‘oh my god, I look old'"Glenn Close is delighted to hear that I’m calling from Dublin. “Oh, say ‘hi’ to
Glenn Close: "I catch myself in the mirror and say, ‘oh my god, I look old'"
The Irish Times / Posted 11 days ago
Glenn Close is delighted to hear that I’m calling from Dublin. “Oh, say ‘hi’ to John Banville for me!” she says and, I’m not sure if she’s joking, so, I just go along with the brief conceit that John and I are besties, and I will indeed do so next... Read more
2 related stories
11d
Manila Bulletin
Exclusive: Central banks seek global standards in wake of Bangladesh heist The world’s major central banks, stung by this year’s $81-million heist in Ba
Exclusive: Central banks seek global standards in wake of Bangladesh heist
Manila Bulletin / Posted 11 days ago
The world’s major central banks, stung by this year’s $81-million heist in Bangladesh, have launched a task force to consider setting broad rules to protect the vast network... Read more
10 related stories
11d
Reuters
Joining Indonesia tax amnesty in Singapore won't spur probe - Indonesia finance ministerIndonesian Finance Minister Sri Mulyani Indrawati gestures during an interview
Joining Indonesia tax amnesty in Singapore won't spur probe - Indonesia finance minister
Reuters / Posted 11 days ago
Indonesian Finance Minister Sri Mulyani Indrawati gestures during an interview with Reuters at the Finance Ministry office in Jakarta, Indonesia, August 19, 2016. REUTERS/Beawiharta JAKARTA Singapore has given assurances that Indonesians declaring... Read more
8 related stories
12d
The Daily Reckoning
Countries are Getting Teady to Ban CashPablo & Rusty’s is a successful, Sydney based coffee roaster. They have recentl
Countries are Getting Teady to Ban Cash
The Daily Reckoning / Posted 12 days ago
Pablo & Rusty’s is a successful, Sydney based coffee roaster. They have recently opened a new location in Brisbane where they are trialling something different: they do not take cash. The only accepted payment methods are credit cards, phones or... Read more
12d
Bdnews24.com
Central banks seek global standards in wake of Bangladesh heistThe committee of central banks, part of the Bank for International Settlements
Central banks seek global standards in wake of Bangladesh heist
Bdnews24.com / Posted 12 days ago
The committee of central banks, part of the Bank for International Settlements (BIS) in Basel, Switzerland, set up the task force this summer. It has begun gathering information from members on their protections against fraud, said the sources, who... Read more
10 related stories
12d
Business Wire
The Bank of N.T. Butterfield & Son Limited Announces Pricing of Initial Public OfferingHAMILTON, Bermuda & NEW YORK--(BUSINESS WIRE)--The Bank of N.T. Butterfield & S
The Bank of N.T. Butterfield & Son Limited Announces Pricing of Initial Public Offering
Business Wire / Posted 12 days ago
HAMILTON, Bermuda & NEW YORK--(BUSINESS WIRE)--The Bank of N.T. Butterfield & Son Limited (“Butterfield”) (BSX: NTB.BH), announced today the pricing of its US initial public offering (“IPO”) of 10,638,298 of its voting ordinary shares (“Common... Read more
12d
Quartz
Charts: Eight years since Lehman collapsed, this is what has happened to the global economyExactly eight years ago today, Lehman Brothers filed for bankruptcy. The bank’s
Charts: Eight years since Lehman collapsed, this is what has happened to the global economy
Quartz / Posted 12 days ago
Exactly eight years ago today, Lehman Brothers filed for bankruptcy. The bank’s collapse has become the defining moment for the financial crisis as central banks and governments rushed to bail out other troubled banks in the US and UK. Since 2008,... Read more
12d
Channel NewsAsia
Central banks seek global standards in wake of Bangladesh heistNEW YORK/LONDON: The world's major central banks, stung by this year's US$81-mi
Central banks seek global standards in wake of Bangladesh heist
Channel NewsAsia / Posted 12 days ago
NEW YORK/LONDON: The world's major central banks, stung by this year's US$81-million heist in Bangladesh, have launched a task force to consider setting broad rules to protect the vast network of cross-border banking from cyber attacks, according to... Read more
10 related stories
12d
Reuters
Central banks seek global standards in wake of Bangladesh heistCommuters pass by the front of the Bangladesh central bank building in Dhaka Ma
Central banks seek global standards in wake of Bangladesh heist
Reuters / Posted 12 days ago
Commuters pass by the front of the Bangladesh central bank building in Dhaka March 8, 2016. REUTERS/Ashikur Rahman/File Photo NEW YORK/LONDON The world's major central banks, stung by this year's $81-million heist in Bangladesh, have launched a... Read more
10 related stories
12d
Swissinfo
Bankers bemoan continued EU access impasseOutgoing Swiss Bankers Association (SBA) chairman Patrick Odier marked his last
Bankers bemoan continued EU access impasse
Swissinfo / Posted 12 days ago
Outgoing Swiss Bankers Association (SBA) chairman Patrick Odier marked his last day in office by taking a swipe at politicians who have so far failed to secure the future of the Swiss financial sector in the European Union market. Odier blamed the... Read more
12d
AllAfrica.com
Ugandan Start-Ups to Compete for Global AwardsKampala — Ugandan startups can now compete in representing the country at a glo
Ugandan Start-Ups to Compete for Global Awards
AllAfrica.com / Posted 12 days ago
Kampala — Ugandan startups can now compete in representing the country at a global entrepreneurship forum in Switzerland slated for April 6 next year. On September 30, up to 10 of the best seed stage startups in the country will be invited to pitch... Read more
13d
Zero Hedge
Best Countries To Store Gold: How Did America, A Serial Defaulter, Make The Cut?An era of slowing growth, falling corporate profits, record debt levels, and cu
Best Countries To Store Gold: How Did America, A Serial Defaulter, Make The Cut?
Zero Hedge / Posted 13 days ago
An era of slowing growth, falling corporate profits, record debt levels, and currency debauchment has many investors buying gold as a bet against global central banks. Holding that gold outside the banking system, and for some, outside one’s own... Read more
13d
Bay Weekly
Local Business Guide - 2016Need medical care in a hurry? Get better with the help of AFC Urgent Care, the
Local Business Guide - 2016
Bay Weekly / Posted 13 days ago
Need medical care in a hurry? Get better with the help of AFC Urgent Care, the new name of AFC Doctors Express. AFC Urgent Care is a well-established, full-service urgent care center that provides walk-in medical care for all non-emergency illnesses... Read more
13d
Swissinfo
Secret service reforms: ‘essential to combat modern threats’The proposed reforms to the Swiss secret service are urgently needed in order t
Secret service reforms: ‘essential to combat modern threats’
Swissinfo / Posted 13 days ago
The proposed reforms to the Swiss secret service are urgently needed in order to give the agency effective tools to counter threats like terrorism, argues security specialist Alexandre Vautravers. Changes to the intelligence service legislation will... Read more
13d
Sarawak Report
Not So 'Untouchable'!So 'Untouchable'! BPERE top client now jailed, Khadem Al Qubaisi The 1MDB sca
Not So 'Untouchable'!
Sarawak Report / Posted 13 days ago
So 'Untouchable'! BPERE top client now jailed, Khadem Al Qubaisi The 1MDB scandal has now claimed perhaps its most prominent banking casualty so far. This was the same Ariane de Rothschild, a member of Europe’s most powerful and famous banking... Read more
13d
Market Watch
Yen weakens on BOJ rate cut chatterThe Japanese yen weakened slightly against other major currencies Wednesday as
Yen weakens on BOJ rate cut chatter
Market Watch / Posted 13 days ago
The Japanese yen weakened slightly against other major currencies Wednesday as U.S. Treasury yields climbed, suggesting a wider short-term gap with Japanese yields, to the benefit of the yen. Treasury yields rose across the curve overnight following... Read more
82 related stories
13d
Zero Hedge
"Sorry, You Can’t Have Your Gold Bullion"In this publication, we warn regularly of the risk involved in storing wealth i
"Sorry, You Can’t Have Your Gold Bullion"
Zero Hedge / Posted 13 days ago
In this publication, we warn regularly of the risk involved in storing wealth in banks. They’ve made the removal of your deposits increasingly difficult in addition to colluding with governments to allow them to legally freeze or confiscate your... Read more
14d
DutchNews.nl
Swiss court says bank details must be given to Dutch tax officeSwitzerland’s highest court has ruled that banking group USB must forward infor
Swiss court says bank details must be given to Dutch tax office
DutchNews.nl / Posted 14 days ago
Switzerland’s highest court has ruled that banking group USB must forward information about Dutch savers to the Dutch tax office, overturning a lower court decision. Last November, the Netherlands requested information about Dutch nationals who had... Read more
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