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 ...
There's a lot of cachet to the Swiss bank account. For generations, banking in cities like Zurich and Geneva has come with an air of mystery. This is a nation that fiercely safeguards financial ...
A growing number of wealthy Americans are opening bank accounts in Switzerland as part of the “de-Americanization” of their portfolios, according to investors and banks. Swiss banks say they have seen ...
Following major upheavals in the Swiss market, foreign competitors to the remaining mega banks jockeyed for position. One set up the best systems, gained the trust and respect of the market, and ...
ZURICH (Reuters) -Swiss banks have to pay more currently to secure liquidity in the financial markets than two years ago, the Swiss National Bank said on Thursday, pointing to the 2023 collapse of ...
ZURICH (Reuters) -Banks in Switzerland will be searching for other ways to squeeze borrowers as their lending margins are hit by the central bank's introduction of zero rates, analysts say, suggesting ...
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