CS shareholders give the green light
Bank President Axel Lehmann saw the vote at the general assembly as a vote of confidence.
Legal
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Alpadis Group obtain license, open new office in Dubai International Financial Centre
Alpadis Group secure license to operate in DIFC, to offer more solutions for financial services, Family Office, Holding companies, investment funds and other structures
Apex Group Budget Briefing – Autumn Statement 2022
The Office for Budget Responsibility saw an average inflation rate for this year of 9.1% and 7.4% predicted for next year.
GFG Takes Step Towards Settlement With Creditors
The agreement, subject to approval, pauses further litigation by the Swiss bank against the steel group.
Swiss National Bank Chairman Hints Again at Future Rate Hikes
The market expects the SNB to hike rates at its next monetary policy meeting on Dec. 15, a forecast Jordan acknowledged, adding market expectations had the SNB's policy rate rising to 1.5% to 2% in the next two years.
UBS Wealth Managers Who Jumped Ship Sued in the US
UBS is now suing seven members of the team saying they contacted UBS clients to lure them to RBC in violation of confidentiality and nonsolicitation agreements.
Former Morgan Stanley CEO on Swiss banks: Secrecy is 'their nature'
It also promised to reveal any hidden bank accounts.
SNB President signals rate hike with reference to 1970s
The Swiss National Bank appears to be preparing for further interest rate hikes in a bid to fight inflation, having already raised interest rates twice this year to the current level of 0.5 percent.
Basel trustee firm receives Finma licence
Atag Swiss Trustees was founded in 1945 and is part of the Atag Group.
FINMA Risk Monitor 2022: increased risks due to uncertain prospects
It derives its supervisory focus from these.
Swiss-Asia AM fined HK$3m for regulatory breaches
It failed to monitor record keeping and trading activities in discretionary accounts
Switzerland and the UK strengthen their cooperation in research and innovation
The MoU is intended to create stronger networking and cooperation between the research and innovation communities of both countries.