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 ...
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 ...
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 ...
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 ...
Hours after the Swiss central bank said it was ready to provide financial support to Credit Suisse, the beleaguered megabank took it up on the offer, hoping to reassure investors that it had 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This is an archived article and the information in the article may be outdated.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 ...