A high-stakes legal battle is unfolding in a New York federal court that pits the age-old tradition of Swiss banking secrecy against the bedrock principles of American judicial transparency, with ...
The Federal Administrative Court of Switzerland ruled on Tuesday that writing off 16.5 billion Swiss francs ($20.53 billion USD) in Credit Suisse bonds was unlawful, calling into question the ...
This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. GENEVA (AP) — The Swiss government Wednesday ...
A coalition of top Swiss banks has completed a pilot that tested the feasibility of applying blockchain technology and smart contracts for interbank payments. Swiss Bankers Association (SBA), a trade ...
Writing off 16.5 billion Swiss francs ($20.53 billion) in Credit Suisse bonds was unlawful, a Swiss court ruled on Tuesday, ...
Banking giant UBS is ramping up its threats to leave Switzerland and set up shop in the US — a radical response to Swiss regulators who have proposed onerous new capital requirements on the financial ...
GENEVA (AP) — The Swiss government Wednesday announced steps to bolster its "too big to fail" rules aimed at avoiding potentially disastrous fallout from banking sector turmoil after woes last year at ...
UBS is considering a move from Switzerland to the United States due to Swiss regulators. REUTERS/Denis Balibouse/File Photo Banking giant UBS is ramping up its threats to leave Switzerland and set up ...