04/21/2023
H2O AM fined €20,000 per day until it coughs up key documents
Under-fire asset manager facing recurring penalty for failing to provide information to gauge impact of side-pocketed assets.
04/21/2023
Under-fire asset manager facing recurring penalty for failing to provide information to gauge impact of side-pocketed assets.
04/18/2023
Banking sector shockwaves mean pension companies should ‘make any changes deemed necessary’.
04/17/2023
By taking that route, approval through an extraordinary session of parliament was to have been a formality.
04/13/2023
Shareholders approved the re-election of Sergio P. Ermotti as the Chairman of the Board of Directors.
04/10/2023
The Black Tax refers to a practice where a successful Black individual supports members of their immediate and extended family financially.
04/06/2023
For BNP Paribas Personal Finance, this partnership is a major milestone on its strategic objective to have 50% of its outstanding loans related to mobility by 2025.
04/06/2023
The Swiss economy will grow 1.8% in 2024 and 0.8% this year, the IMF said
04/05/2023
Insolvency would have left the functional parts of Credit Suisse in operation as a Swiss-only bank, but one with a “damaged reputation” through bankruptcy, he told reporters in the Swiss capital of Bern.
04/05/2023
The implementation of the medium-term strategy 2022 to 2024 will be pursued consistently.
04/03/2023
Known as the “Singapore Solution,” members of the conspiracy sent over $60 million on “round trips” across the globe.
04/03/2023
Citywire has drawn views from its editorial teams in Switzerland, France, Spain, Italy, and Germany to understand how this subject is perceived within the EU.
04/03/2023
Brokered by regulators
04/03/2023
The coming weeks and months will tell us more about how far regulatory practices have come since that period.
03/31/2023
Daniel Wälchli pleads guilty in the USA to tax evasion scheme using undeclared bank accounts at Privatbank IHAG.
03/30/2023
In an emailed statement, Credit Suisse said it did not tolerate tax evasion and that it had been cooperating with U.S. authorities.
03/29/2023
Authorities said banks, including Societe Generale, BNP Paribas and HSBC, faced a compensation request of more than $1bn.
03/28/2023
FINMA’s 2022 Annual Report published today also includes the annual financial statements. In addition, FINMA is providing data on enforcement cases in a database as well as statistics in an Excel document on its website.
03/27/2023
The unit only reserves criminal processes only for serious investigations.
03/24/2023
In his address, Khan said the top performers at the Credit Suisse wealth business will get retention packages, the second source said. The details of the retention package were not immediately known.
03/23/2023
Due to numerous enquiries about Credit Suisse’s capital instruments, so-called AT1 bonds, FINMA is providing information about the basis for writing down these instruments.