Swiss company loses CHF 1.2m in hack

Swiss company loses CHF 1.2m in hack

March 3, 2017, 6:48 a.m.
A large Swiss company says it’s lost CHF 1.2m through hacking. Küng Holdings run a variety of businesses, ...
Coutts bank faces 1MDB probe

Coutts bank faces 1MDB probe

Feb. 3, 2017, 10:08 a.m.
The British private bank, Coutts, is facing regulatory action from Swiss financial authorities for allegedly breachin...
Sankt Gallen bank fires staff

Sankt Gallen bank fires staff

Oct. 27, 2016, 6:44 a.m.
The Sankt Gallen bank Notenstein La Roche is to shed around 100 jobs across Switzerland as part of a restructuring pl...
Geneva's financial status under threat

Geneva's financial status under threat

Oct. 24, 2016, 10 a.m.
There are fears that the banking district in Geneva could lose its position as a financial centre with the introducti...
Fines won't stop banks laundering money

Fines won't stop banks laundering money

Oct. 17, 2016, 3:53 a.m.
The head of the Switzerland's financial regulatory body, FINMA, has warned that fining big banks who are guilty of mo...
Swiss bank staff in Singapore charged with corruption

Swiss bank staff in Singapore charged with corruption

Oct. 11, 2016, 5:37 a.m.
Authorities in Singapore have charged two senior private bankers at the country's branch of Swiss-based BSI bank for ...
Credit Suisse to pay $90m US fine

Credit Suisse to pay $90m US fine

Oct. 6, 2016, 8:30 a.m.
The Swiss bank Credit Suisse has agreed to pay a $90 million settlement to the US Securities and Exchange Commission ...
Man jailed for robbing cash machines with secret trick

Man jailed for robbing cash machines with secret trick

Sept. 5, 2016, 7:05 a.m.
Two banks are left scratching their heads after an Algerian man was sentenced to 3 years in jail for robbing several ...
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