Blockchain will have direct effect on Swiss banking system: Moody’s report
The report says Switzerland's direct relation to international banking and digital currency will firmly impact its banking system...
Tag : Swiss
Swiss bank loses Singapore banking licence
But Falcon Private Bank welcomes end of 1MDB investigation that caused a political scandal in Malaysia October 11, 2016: Falcon Private Bank, a Swiss private banking boutique with 50 years of expertise in wealth management, has lost its banking licence in Singapore as a fall-out of the 1MDB case. The Swiss Financial Market Supervisory Authority...
Deposits Solutions expands into Swiss market
Names Thomas von Hohenhau as its country manager July 19, 2016: Deposit Solutions, the first open architecture platform for retail deposits in Europe, has started Deposit Solutions CH GmbH. It has named Thomas von Hohenhau as its country manager, Switzerland. The Swiss branch marks the next cornerstone in the transformation of the EUR 9 trillion...
CHF freed, SNB caps losses
Mario Singh But,what next for the Swiss franc and the country’s economy January 22, 2015: On January 15, the Swiss National Bank (SNB) shocked the capital markets by unexpectedly removing the EUR/CHF peg set at 1.20. The move caught many offguard and sent the Swiss Franc (CHF) into the stratosphere, rising about 40% in a...
Switzerland to Relax Bank Secrecy Laws
SWITZERLAND aims to save its banks from heavier punishment in the United States for helping wealthy tax cheats by sidestepping its own famed secrecy laws to let bankers disclose data to US prosecutors. Dealing a huge blow to Switzerland’s historic banking secrecy, Swiss finance officials on Wednesday approved a plan that would allow the country’s...