Latest News for: Switzerland Banking

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UBS slams Swiss capital buffer plan

Swissinfo 24 Apr 2024
“We are seriously concerned about some of the discussions related to additional capital requirements,” Kelleher said at the bank’s annual general meeting in Basel, Switzerland, on Wednesday.
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Switzerland says UBS may need more cash. The bank is fuming

CNN 24 Apr 2024
The deal has proved controversial in Switzerland, which is now home to a bank with assets almost double the size of its annual economic output. Kelleher argued the deal “reinforced Switzerland’s ...
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2024 ‘crucial year’ for UBS-Credit Suisse merger

Swissinfo 24 Apr 2024
+ Does Switzerland need a huge global bank? The most important priorities for the first half of 2024 include the merger of the two parent companies and the transfer of the United States business into ...
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You Attack Those You Fear The Most, You Are Witnessing The Collapse Of The [DS] ...

X22 Report 24 Apr 2024
Switzerland boasts a population of 8.77 million, meaning about 1.15% of locals will need to sign the petition ... Remo Uherek “By including Bitcoin in its reserves, Switzerland would mark its independence from the European Central Bank.
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Swiss central bank ups reserve requirement

The Manila Times 23 Apr 2024
UBS, Switzerland's biggest bank, acquired struggling rival Credit Suisse last year in a government-engineered deal aimed at preventing a financial crisis. The acquisition created a banking behemoth ...
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‘Neutral’ Switzerland blocking $14 billion of Russian assets

Russia Today 23 Apr 2024
The sum is separate from the 7.24 billion francs ($7.9 billion) in assets belonging to the Russian central bank, which has also been blocked in Switzerland. Read more Switzerland no longer neutral – Moscow.
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Neutral Switzerland blocking $14 billion worth of Russian assets

Beijing News 23 Apr 2024
Switzerland is holding an estimated 13 ... The sum is separate from the 7.24 billion francs ($7.9 billion) in assets belonging to the Russian central bank, which has also been blocked in Switzerland.
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Cabinet approves opening UBS AG Bank of Switzerland branches in Saudi Arabia

Saudi Gazette 23 Apr 2024
Saudi Gazette reportJEDDAH — The Saudi Cabinet, led by the Custodian of the Two Holy Mosques King Salman bin Abdulaziz, has approved the establishment of branches for UBS AG Bank of Switzerland in Saudi ....
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UBS Makes a Major Gift of American Landscape Photography to the National Gallery of Art

New York Observer 23 Apr 2024
UBS has been adding to its art collection since the 1960s, with much of its work amassed via mergers and acquisitions of financial institutions like PaineWebber, Union Bank of Switzerland and Swiss Bank Corporation.
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The ‘finternet’ will be here soon — Are you ready?

Deccan Herald 23 Apr 2024
Separately, Bank of France (representing the Eurosystem), the central banks of Japan, South Korea, Mexico, Switzerland and the UK, and the Federal Reserve Bank of New York have come together under Agorá, a BIS project.
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Swiss Central Bank Urged to Add Bitcoin to Balance Sheet

Bitcoin Magazine 22 Apr 2024
A group of Bitcoin advocates in Switzerland have launched a campaign to convince the Swiss National Bank (SNB) to add Bitcoin to its balance sheet ... to require the central bank to hold Bitcoin.
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Swiss Bitcoin Bulls to Lobby Central Bank to Include BTC in National Reserves

Coinspeaker 22 Apr 2024
Bitcoin bulls in Switzerland are working on getting the Swiss National Bank (SNB) to officially hold Bitcoin (BTC) as part of its reserves ... to operate independently of the European Central Bank (ECB).
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Swiss Bitcoin Advocates Petition for BTC Reserves at National Bank

Cryptopolitan 22 Apr 2024
A coalition of Bitcoin supporters in Switzerland is pushing for the Swiss National Bank (SNB) to add Bitcoin to its reserve holdings ... the European Central Bank and bolster its stance of neutrality.
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Swiss Referendum To Oblige Bitcoin Holdings For Central Bank

Bitcoinist 22 Apr 2024
... devalue the SNB’s investments.” He also noted that Bitcoin could serve as a declaration of Switzerland’s financial independence from major central banks like the European Central Bank.

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In this photo provided by the Mayor of Odesa Hennadii Trukhanov in Telegram, firefighters work on the site of a burning building after a Russian drone attack in Odesa, Ukraine, Tuesday, April 23, 2024.
AP / Mayor of Odesa Hennadii Trukhanov via AP
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