The New Challenge Facing Swiss Banks: Operational Resilience Swiss banks are currently grappling with a pressing issue: operational resilience. This concern has intensified, not only due to tightening regulations emanating from the EU but also because of…
Swiss Timepieces Take the Spotlight in Cinematic Showcase As the lights dimmed and excitement filled the air, the Arthouse Le Paris cinema in Zurich played host to the premiere of F1 The Movie 2025. The event was not merely a celebration of film but a…
Private wealth management thrives on discretion, making the open dialogue at the recent Private Banking Day all the more significant. In an era of increasing global pressure and uncertainty, the event’s celebration of “Swissness” serves as a clear declaration…
Currently boasting around 10,000 corporate customers in Switzerland, Revolut Business is making a significant impact across the landscape of local enterprises. They cater to a diverse clientele ranging from solo entrepreneurs to established international…
Revolut is enhancing its presence in Switzerland by introducing flexible money market funds and virtual Swiss IBANs tailored for business clients. In an exciting development for the Swiss business landscape, Revolut has announced the launch of a product suite…
Top leaders from the realms of politics, finance, and technology will converge in Zurich for the highly anticipated third edition of the Point Zero Forum. This event, taking place from May 5 to 7, 2025, aims to address pivotal issues impacting the financial…
The SNB takes a step to better optimize operations in a number of different currencies, markets, and time zones. The Swiss National Bank’s operating unit will start a two-year pilot project from August 2023 under which it will split operations between Zurich…
Tech giants such as Google, Meta, and Microsoft are cutting tens of thousands of jobs worldwide. Swiss financial service providers, desperate for IT talent, are now positioning themselves. We are seeing candidates with careers at the big tech groups looking…
After a record year for IPOs in 2021, the market for initial public offerings (IPO) cooled significantly this year. Yet Switzerland has been able to buck the trend. The Swiss stock exchange listed more companies than London and Amsterdam this year, while a…
Swiss crypto Bitcoin Suisse is partnering with US crypto software and data specialist Lukka to support its middle and back office operations and further improve its systems. Lukka’s data and software are designed specifically for crypto and blockchain data,…
President Xi Jinping’s report to the 20th Communist Party congress hints at more tax and regulatory measures aimed at reducing wealth disparities. In the last two decades, the Swiss wealth management sector has been forced to directly confront and contend…
Swiss luxury watchmaker, Jacob & Co, has landed in Japan, opening its first brick-and-mortar store in the bustling district of Ginza this month. The opening ceremonies, scheduled to take place on October 13, will be attended by the brand’s chairman and…
Goldman Sachs is expanding its investment banking services in Switzerland and Europe as it chases stable revenues on the continent. Goldman Sachs is offering transaction banking services to corporate clients in the EU, adding services outside of its…
Swiss-made watch brand Norqain has made its debut in Singapore, as part of an expansion into the Asia market. The watch retailer has collaborated with Southeast Asia distributor Melchers, a Singapore branch of Melchers Group, for the launch. This is also the…
The Swiss bank has been accused of money laundering among other wrongdoings in a complaint by the Swiss NGO Public Eye. The Swiss NGO Public Eye has filed a criminal complaint against UBS with the Office of the Attorney General of Switzerland, as the newswire…
The Swiss-based Bellevue Group is consolidating its management business in Germany under a single leader. Gerit Heinz becomes head of portfolio management at Bellevue, while also running the firm’s asset management business in Germany, starting July 2022, a…