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The banking association Swiss Banking has presented a study that underscores the importance of the financial industry for the Swiss economy. To ensure this remains the case, prudent strategic decisions and smart, focused regulation are needed. The study,…
UBS named a new head of marketing and digital sales for its Switzerland business to replace the current manager who is moving to another role within the bank at the group level. After eight years as the head of marketing and digital sales for UBS Switzerland,…
Swiss digital bank Alpian received its banking license from Finma in April. The launch of its private banking app marks the start of business operations. Alpian bills itself as the first Finma-licensed digital private bank in Switzerland. The app, through…
Switzerland’s largest bank will lease 250,000 square feet of new office space in Hong Kong outside the traditional central business district. Swiss banking giant UBS will lease 250,000 square feet of new office space in Hong Kong, according to a statement by…
The Swiss accountancy firm is adding two specialists to its management team. Deloitte Switzerland is appointing Liza Engel to chief sustainability officer and Yousif Al-Adhami to technology advisory leader and adding both to its management board, effective…
High inflation in the EU area and geopolitical uncertainties are some reasons why Europeans move assets to Switzerland. Yet as the country drifts further away from Brussels, going after these clients could become more complicated. Swiss banks are not allowed…
It seems rather paradoxical that Switzerland is both a hub for sustainability and an energy-gobbling blockchain hub. The latest data from Switzerland’s Department of Finance underscores the growing importance of blockchain and fintech for the country’s…
HSBC’s turned a profit in 2021. Planned job cuts are not expected to affect the client business. The Swiss subsidiary of British financial group HSBC reported a pre-tax profit of $44 million last year, more than reversing the previous year’s loss of $16…
Singapore will be adding two countries to the Vaccinated Travel Lane (VTL) scheme, under which travelers will only need to take a Covid-19 swab test after arrival and before departure in Singapore. Vaccinated travelers from Switzerland and Australia will be…
Piaget, the luxury watch brand from Switzerland, will be opening more stores in 2021, especially in the Middle East and China, Chief Executive Chabi Nouri has told Reuters. “We’ll open more stores this year. We’ll reopen a flagship store in Beverly Hills and…
Despite the increasing discord between China and the U.S., Switzerland wants to further deepen its cooperation in financial matters with the Far East nation. Swiss Finance Minister Ueli Maurer exchanged views with Chinese Vice Premier Liu He at a virtual…
The Swiss Embassy in Singapore appointed a new Head of the Swiss Business Hub for the ASEAN region. Renee Koh joined the Swiss Embassy already in November 2018 as the new Head of the Swiss Business Hub for the ASEAN region, according to a news release on…
The Indonesian flag carrier, Garuda Indonesia, and the Government of Switzerland will strengthen cooperation in the field of aircraft maintenance through a subsidiary of Garuda Maintenance Facilities (GMF). Director of Engineering and Information Technology…
