finews.com: Latest Headlines, Breaking News and Top Stories
WEB5 days ago · Schuyler Weiss: «Simple, digital and transparent services». 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.
Finma Conducts Secret Investigation Against Last CS Executives
WEB12 hours ago · According to the «SonntagsZeitung», Finma has launched a secret investigation, summoning the last two top executives: CEO Ulrich Körner and Chairman Axel Lehmann. Supplementing the Work of the PUK. The investigation is focused on the final 15 months of Credit Suisse, from January 1, 2022, to March 19, 2023, when UBS took over the bank in an ...
Compass leverages Swiss fintech solution to boost consumer …
WEB11 hours ago · The consumer credit division of Mediobanca is launching a new platform for deferred payment transactions, based on technology developed by the Swiss fintech HeidiPay. The consumer credit division of Italy's Mediobanca, Compass Banca, has launched a new platform for «Buy Now, Pay Later»(BNPL ...
China’s Cooling Luxury Market: Even Ferrari Falls Out of Favor
WEB1 day ago · The luxury segment was hit particularly hard: Porsche reported a 33% decline in sales in the first half of 2024 compared to the previous year. Even Ferrari saw a 23.4% reduction in sales in mainland China. Swiss watch exports to mainland China fell by 21.6% in the first half of 2024, while shipments to Hong Kong dropped 20%, according to the ...
Saxo Bank Aims for the Crown in Switzerland - finews.com
WEB7 hours ago · Saxo Bank Aims for the Crown in Switzerland. Saxo Bank Switzerland is launching a new platform, introducing new products, and enticing customers with special offers during the U.S. elections, all in a bid to dethrone Swissquote. This move adds fresh competition to an already highly contested market. Since the …
Thomas Jordan's Dual Legacy - finews.com
WEB7 hours ago · A Record of Success: Maintaining Stability Through Crises. Jordan's departure marks the end of an era. He joined the SNB in 1997, became a board member in 2007, and has led the institution since 2012 after an abrupt leadership change. Under his leadership, the SNB largely succeeded in keeping inflation within its …
Head of Foreign Banks: «We are Getting More and More Importang»
WEB15 hours ago · For nearly a quarter of a century, Raoul Oliver Würgler has been working for the Association of Foreign Banks in Switzerland. He took over the leadership five years ago. In an interview with finews.ch, the association's director discusses new market opportunities following the collapse of Credit Suisse, his ties to Swissmem, and the enduring global appeal of Switzerland as a banking hub.
Where the Swiss Financial Center Needs to Set the Course
WEB2 days ago · Where the Swiss Financial Center Needs to Set the Course. Switzerland has some catching up to do when it comes to modern payment systems. This is not just a generational issue, says Christian Raab, Director BFSI at the technology consulting firm Thoughtworks. Additionally, Switzerland is underplaying its strengths in the fintech sector.
Leadership Renewal at finews.ch
WEBJul 30, 2024 · Sixteen years after its launch, finews.ch, Switzerland's leading online media outlet for the financial industry, is renewing and rejuvenating its leadership team. Founder Claude Baumann is passing the board's chairmanship to his long-time colleague Sibylle Peter.Simultaneously, the current Editor-in-chief Dominik Buholzer will take over as CEO, effective August 1, 2024.
Former «Weltwoche» Journalist Florian Schwab Joins finews.ch
WEBIn early March 2024, Florian Schwab started work at finews.ch and finews.com as a Publishing Director, a newly created role. Before assuming his current position, the 37-year-old economist spent over ten years with Weltwoche Verlags AG, first as an economics editor before going on to subsequently lead the commercial team.
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