UBS to stop paying interest rate on savings accounts

UBS to stop paying interest rate on savings accounts

May 22, 2019, 9:47 a.m.
Switzerland's largest bank, UBS, is to stop paying interest on savings accounts for adults.
New CHF 1,000 note to be released

New CHF 1,000 note to be released

March 4, 2019, 9:40 a.m.
A new CHF 1,000 note will be released tomorrow - and while you may not see one every day, they are very popular.
Fleeing banker jailed for stealing CHF 15m from clients

Fleeing banker jailed for stealing CHF 15m from clients

Jan. 15, 2019, 9:17 a.m.
Despite an elaborate plan, a banker from Ticino is now in jail after trying to steal CHF 15m from his customers.
Free trade and banking under discussion as Swiss Foreign Minister visits India

Free trade and banking under discussion as Swiss Foreign Minister visits India

Aug. 9, 2018, 10 a.m.
Swiss Foreign Minister, Ignazio Cassis, begins a four-day visit to India today, with free trade and banking expected ...
Credit Suisse pays US fine to end forex investigation

Credit Suisse pays US fine to end forex investigation

Nov. 15, 2017, 7:18 a.m.
Credit Suisse has agreed to pay USD125m as a fine to US authorities following an investigation into how the bank set ...
Swiss banks lost business because of secrecy law changes

Swiss banks lost business because of secrecy law changes

Sept. 18, 2017, 9:06 a.m.
Despite assurances to the contrary, Swiss banks have lost business since the ending of banking secrecy.
New government warning on banking scam

New government warning on banking scam

Aug. 18, 2017, 8:55 a.m.
The Federal Government is warning people not to be taken in by a new fraud which could threaten the security of your ...
Two more countries ask for citizen banking data

Two more countries ask for citizen banking data

May 18, 2017, 7:04 a.m.
Two more countries have made an official request for details of their nationals who hold accounts with the Swiss bank...
Peter Hinder takes over swiss operations of Deutsche Bank

Peter Hinder takes over swiss operations of Deutsche Bank

Nov. 28, 2016, 9:19 a.m.
Veteran Swiss banker Peter Hinder will take over as head of Deutsche Bank operations in Switzerland and its European ...
Credit Suisse reveal plans for stock market flotation

Credit Suisse reveal plans for stock market flotation

Nov. 22, 2016, 3:44 p.m.
The head of Credit Suisse's domestic operation has given his first indication of how the bank will pitch next yea...
Brazil collects over a billion in tax from Swiss accounts

Brazil collects over a billion in tax from Swiss accounts

Nov. 2, 2016, 4:28 a.m.
Brazil's government will collect CHF1.45 billion from assets held by Brazilian taxpayers in Switzerland under an ...
Geneva bankers worried about city's financial future

Geneva bankers worried about city's financial future

Oct. 12, 2016, 4:20 a.m.
Banking groups say they're increasingly worried about Geneva's competitiveness after six difficult months with lower ...
Switzerland calls for financial reforms

Switzerland calls for financial reforms

Oct. 10, 2016, 9:13 a.m.
The Swiss finance minister has called for financial reforms to stimulate the world economy. Ueli Maurer was speaking...
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 ...
Zurich ranked second leading financial centre in Europe

Zurich ranked second leading financial centre in Europe

Sept. 27, 2016, 7:56 a.m.
Zurich remains the second leading financial centre in Europe after London according to a new global ranking, whilst G...
UBS testing AI for investment decisions

UBS testing AI for investment decisions

Sept. 16, 2016, 12:40 p.m.
UBS is looking at using artificial intelligence to help clients decide how to invest their money by watching their fa...
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