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Switzerland
Democratizing Investing: A Revolution in the Making?
Education Center
The Institutionalization of Bitcoin: Effects on Price and
Education Center
Wealthtech and the Democratization of Investing
Education Center
FBS Raffled Mercedes-Benz and Premium Gadgets to Lucky Winners
Thought Leadership
Democratizing Investing: A Revolution in the Making?
Education Center
The Institutionalization of Bitcoin: Effects on Price and
Education Center
Wealthtech and the Democratization of Investing
Education Center
FBS Raffled Mercedes-Benz and Premium Gadgets to Lucky Winners
Thought Leadership
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Institutional FX
Swiss Crisis: Credit Suisse Borrows CHF 50B to Escape Liquidity Troubles
The bank's shares dipped around 30 percent on Wednesday.
Swiss authorities offered the emergency liquidity lifeline to avoid any bank crisis.
Thursday, 16/03/2023 | 06:37 GMT
by
Arnab Shome
Institutional FX
FINMA Concludes Proceedings in $10b 'Greensill' Case against Credit Suisse
The Swiss regulator investigated the lender's relationship with Lex Greensill and his funds.
The funds were launched in 2017 and closed four years later.
Tuesday, 28/02/2023 | 11:26 GMT
by
Damian Chmiel
FinTech
UBS Posts Net Profit of $7.6 Billion in 2022
UBS posted US$1.9 billion in profit before tax in Q4 2022.
Total revenue decreased YoY in three out of four UBS business divisions.
Tuesday, 31/01/2023 | 18:34 GMT
by
Solomon Oladipupo
FinTech
Over 1,000 Institutions Shun Swiss Regulator's License Application
The Swiss regulator received 1,699 FinIA license applications in 2022 and granted 670.
FINMA says unlicensed portfolio managers and trustees may be fined as high as CHF 250K.
Monday, 30/01/2023 | 19:29 GMT
by
Solomon Oladipupo
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Executives
Credit Suisse Appoints Aurélien Gleyze as Head of FX Spot for EMEA
Gleyze served as the Director and Co-Head of Electronic Macro Trading for over two years.
His appointment comes at a time Credit Suisse is reducing its workforce.
Friday, 20/01/2023 | 13:31 GMT
by
Solomon Oladipupo
Executives
Credit Suisse’s Cathal Deasy Exits European Banking Co-Head Role
Giuseppe Monarchi is now the sole Head of IBCM, EMEA.
Credit Suisse has seen the departures of several senior executives in recent times.
Tuesday, 03/01/2023 | 15:42 GMT
by
Solomon Oladipupo
FinTech
Swiss Fintech Leonteq Expects Lesser Profit as Client Demands Drop
The firm disclosed this in a business update.
Leonteq expects its group net profit for 2022 in range of the prior year's CHF 155.7M.
Wednesday, 28/12/2022 | 21:26 GMT
by
Solomon Oladipupo
CryptoCurrency
Swiss Regulator Rejected FTX Europe's Trading License Application
FTX did not reveal anything officially due to the conditions of the application.
The Cypriot regulator suspended FTX's license earlier this month.
Monday, 21/11/2022 | 08:02 GMT
by
Arnab Shome
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CryptoCurrency
YouHodler Becomes Italian Football Club Torino’s First Crypto Partner
The fintech firm was approved to offer crypto services in Italy two months ago.
YouHodler intends to open a physical office in Italy soon.
Friday, 30/09/2022 | 15:35 GMT
by
Solomon Oladipupo
FinTech
Japanese Firm Nomura Incorporates Crypto Subsidiary in Switzerland
The firm has appointed Steven Ashely as Chairman and Jez Mohideen as the CEO.
The first product to be launched is the Laser Venture Capital.
Wednesday, 21/09/2022 | 13:00 GMT
by
Solomon Oladipupo
FinTech
Credit Suisse Says ‘Clear No’ to Bank’s Possible Sale or Capital Raise
The bank lost $1.6 billion in the second quarter of 2022.
The newly-confirmed CEO, Ulrich Körner, to take over on August 1.
Wednesday, 27/07/2022 | 13:27 GMT
by
Solomon Oladipupo
Executive Moves
Credit Suisse Names Ulrich Körner as CEO; Q2 Losses Deepen to $1.6B
The Swiss bank has been reeling from a series of scandals.
Körner is currently heading Credit Suisse’s asset management division.
Wednesday, 27/07/2022 | 06:00 GMT
by
Arnab Shome
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News
Regulator Advises Being More Proactive in Protecting Crypto Investors
The CEO of the Swiss FINMA asked regulators to protect investors from abusive practices.
The UK's FCA recently issued an advisory note about the risks of investing in cryptos.
Wednesday, 22/06/2022 | 21:19 GMT
by
Felipe Erazo
News
Bitcoin Suisse Says Its Operations Will Continue to Operate Normally
The company announced a new long-term investor.
Bitcoin Suisse says its clients' funds are safe.
Tuesday, 14/06/2022 | 17:24 GMT
by
Felipe Erazo
Regulation
Swiss National Bank (SNB) Opposes Using Bitcoin as a Reserve Currency
SNB's Chairman does not believe it meets currency reserve requirements.
Thomas Jordan also talked about global warming concerns.
Friday, 29/04/2022 | 20:21 GMT
by
Felipe Erazo
Exchanges
SIX Digital Exchange Inks Partnership with Daura
Daura's SMEs can now issue private bankable securities in SDX's centralized depository.
Daura is an equity tokenization platform based in Switzerland.
Wednesday, 20/04/2022 | 23:45 GMT
by
Felipe Erazo
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CryptoCurrency
Lugano and El Salvador Lead Bitcoin Adoption, Others to Follow?
Bitcoin’s long-term potential is driving its global adoption.
El Salvador’s GDP grew 10.3% in 2021 after BTC’s adoption as legal tender.
Monday, 21/03/2022 | 12:43 GMT
by
Bilal Jafar
News
CoinShares Boosts Strategic Investment in FlowBank
The company has acquired an additional 20.8% stake in FlowBank.
The recent acquisition was priced at CHF 24,740,000.
Monday, 14/03/2022 | 09:07 GMT
by
Bilal Jafar
Institutional FX
Credit Suisse Aims to Almost Halve Emissions Financing to Fossil Fuels
The plan looks to reduce exposure to emissions it financed between 2020 and 2021.
This is the first report to detail the bank's exposure to fossil fuel emissions.
Thursday, 10/03/2022 | 21:19 GMT
by
Felipe Erazo
Institutional FX
Credit Suisse AML Lawsuit Will Determine Future of Swiss Banking Rules
The bank allegedly laundered the money of a Bulgarian drug trafficker.
It is the first criminal case against any Swiss bank.
Tuesday, 08/02/2022 | 09:55 GMT
by
Arnab Shome
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News
DeFi Technologies Announces Closure of CHF 25 Million Investment in SEBA
SEBA is a FINMA licensed digital assets banking platform.
Founded in 2018, SEBA is headquartered in Switzerland.
Tuesday, 25/01/2022 | 11:32 GMT
by
Bilal Jafar
Brokers
Swissquote Partners with Leonteq, Becomes Issuer of Structured Products
The company will issue structured products under the new product brand, Yield Booster.
According to Swissquote, the first products will be available as of today.
Tuesday, 18/01/2022 | 07:44 GMT
by
Bilal Jafar
News
SEBA Bank Raises CHF 110 Million to Accelerate International Expansion
The company aims to enhance its presence in APAC and the Middle East.
The Series C funding round was co-led by a consortium of blockchain and fintech investors.
Thursday, 13/01/2022 | 08:01 GMT
by
Bilal Jafar
Brokers
Swissquote Expands Global Presence, Acquires Keytrade Bank Luxembourg
The transaction is expected to close in H1 of 2022.
Keytrade Bank Luxembourg has nearly 8,200 clients.
Wednesday, 12/01/2022 | 07:03 GMT
by
Bilal Jafar
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Executives
Bitcoin Suisse Appoints Barclays-Banker Dirk Klee as Its New CEO
Bitcoin Suisse has hired Dirk Klee as its new CEO
Dirk Klee will take over from Dr. Arthur Vayloyan
Friday, 07/01/2022 | 14:48 GMT
by
Nicholas Otieno
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