The Swiss franc is widely viewed as a safe haven asset, rising in value in times of geopolitical or macroeconomic uncertainty.
This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Starting this week, customers of eight Swiss banks and two ...
Jan 15 (Reuters) - Swiss bank UBS is a step closer to getting a national bank charter for its U.S. franchise after receiving a first conditional approval, the company said on Thursday. "This milestone ...
Increased regulation is likely to lead to consolidation in Switzerland’s private banking industry, say insiders. SFr1 trillion ($1.12 trillion) is banked in Switzerland by Swiss clients and SFr2 ...
Swiss banking giant UBS on Tuesday posted $770 million in fourth-quarter net profit, compared with a mean forecast of $886.4 million in a LSEG poll of analysts and with a $483 million estimate in a ...
UBS is looking to move its HQ to the US, and the Swiss banking giant has spoken to the Trump administration about it. Sound familiar? That’s what the Financial Times reported this week – exactly two ...
Hours after the Swiss central bank said it was ready to provide financial support to Credit Suisse, the beleaguered megabank took it up on the offer, hoping to reassure investors that it had the ...
ZURICH (Reuters) - A likely delay in tougher new capital rules for UBS has fed uncertainty about the outlook for the Swiss bank but also paused potentially onerous burdens as the Trump White House's ...
Switzerland’s biggest bank is following Wall Street rivals in adding crypto access, signaling a shift from its previously cautious stance.