Latest News for: Banks swiss

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SNB returns to quarterly profit thanks to Swiss franc weakness

Swissinfo 25 Apr 2024
The Swiss National Bank (SNB) returned to a quarterly profit because of the weakness of the Swiss franc, potentially helping officials to rebuild the central bank’s depleted capital base ... Swiss franc ...
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UPDATE 2-Swiss National Bank posts record $64 bln profit in first quarter

Hindustan Times 25 Apr 2024
ZURICH, - The Swiss National Bank posted on Thursday a record quarterly profit of 58.8 billion Swiss francs for the first quarter, driven by the weakening franc and booming equity markets.
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Former SNC-Lavalin Executive Sentenced to Prison Term in Bridge Bribery Case

The Epoch Times 25 Apr 2024
In 2017, Michel Fournier, former CEO of the Federal Bridge Corp., admitted to receiving the bribes through Swiss bank accounts between 1997 and 2004 ....
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Americans are falling behind on their payments

CNN 25 Apr 2024
The bank is fuming A year after the failure of Credit Suisse, the Swiss government says UBS may have to find as much as $27 billion to absorb potential losses and protect taxpayers from ever having to ...
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Telangana CM alleges conspiracy to end reservations in India

The Siasat Daily 25 Apr 2024
Hyderabad. Telangana Chief Minister A ... Also Read. BJP will end 4% Muslim reservation in Telangana, says Amit Shah ... He also recalled that PM Modi had promised to bring black money stashed in Swiss banks and transfer Rs 15 lakh to every Jan Dhan account ... .
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Switzerland says UBS may need more cash. The bank is fuming

CNN 24 Apr 2024
A year after the failure of Credit Suisse, the Swiss government says UBS may have to find as much as $27 billion to absorb potential losses and shield the country from another banking collapse.
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UBS slams Swiss capital buffer plan

Swissinfo 24 Apr 2024
In other words, Switzerland’s regulation must remain broadly aligned with global standards.” + Does Switzerland need a huge global bank? The Swiss government unveiled a raft of regulatory proposals ...
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2024 ‘crucial year’ for UBS-Credit Suisse merger

Swissinfo 24 Apr 2024
... at the bank’s annual general meeting in Basel. The year 2024 will be a crucial year for the big bank ... “The merger of our Swiss banks should take place before the end of the third quarter,” said Ermotti.
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UBS flags ‘serious’ concern about new Swiss capital requirements

Hellenic Shipping News Worldwide 24 Apr 2024
UBS UBSG.S executives on Wednesday told shareholders that the bank has major ...
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UBS dials back China fund plans on costs, grim outlook

The Times of India 24 Apr 2024
The Swiss bank will instead rely on existing ...
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UBS chairman decries tighter capital rules

Urdu Point 24 Apr 2024
The UBS chairman voiced concern during the ...
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Ex-SNC executive sentenced to prison term in bridge bribery case

Moosejaw Today 24 Apr 2024
In 2017, Michel Fournier, former CEO of the Federal Bridge Corp., admitted to receiving the bribes through Swiss bank accounts between 1997 and 2004. Fournier was sentenced to five and a half years in prison and has since received full parole ... .
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You Attack Those You Fear The Most, You Are Witnessing The Collapse Of The [DS] ...

X22 Report 24 Apr 2024
Swiss Bitcoiners Renew Efforts To Orange-Pill The Country’s Central Bank Several Swiss-based Bitcoiners are renewing attempts to get the Swiss National Bank to hold Bitcoin in its reserves by ...
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Swiss central bank ups reserve requirement

The Manila Times 23 Apr 2024
The Swiss central bank said on Monday it would raise the amount of funds that domestic lenders must store in its vaults, a move that weighed on UBS shares. The Swiss National Bank (SNB) said the ...
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Neutral Switzerland blocking $14 billion worth of Russian assets

Beijing News 23 Apr 2024
Swiss authorities said last year that they had frozen an additional 580 million francs ($636 million) in financial assets and two more properties, following their own investigations and "detailed clarifications" by banks.

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