Feb 6, 2025 · finews.com is Switzerland’s leading news site for all professionals in the financial sector and delivers real-time and constantly-updated news about the Swiss financial industry.

1 day ago · Bank Zimmerberg, which operates in Horgen and Oberrieden, was unable to achieve the record results of 2023 in the previous year. The bottom line was a slyghtly higher profit. Bank Zimmerberg reportet a profit of 3.44 million Swiss francs for 2024. This is 2.1 percent more than in the previous year ...

1 day ago · Things are hectic at the Swiss derivatives specialist just a few weeks before the Annual General Meeting. Leonteq founding member and CEO Lukas Ruflin (image below) will not be standing for election to the Board of Directors after all. This was announced by the company on Friday.. The reason for this is objections from shareholders.

Dec 20, 2024 · Zwei Wealth reports high demand for its services. Search volumes and requests for proposals have increased significantly. Zwei Wealth has recorded a substantial surge in demand in the Request-for-Proposal (RFP) business.

Jan 9, 2025 · In the legal battle over the write-down of AT1 bonds before a New York court, U.S. lawyers are ramping up their efforts, putting Switzerland under mounting pressure.

Dec 20, 2024 · Exclusive contributions from guest writers. Get the latest stories as they happen: Free e-mail alerts from finews.com.

Jan 20, 2025 · Since Cevian Capital became a major shareholder of Baloise, pressure on the company has intensified. The question remains: Will the new strategy be sufficient to turn the tide, or will more drastic measures, such as divesting its banking and German businesses, be necessary? One thing is certain—unsettled times lie ahead for Baloise.

Dec 10, 2024 · Mortgage rates in Switzerland continued to fall in November, and lower financing costs are also expected in the future. The published reference rates for ten-year fixed-rate mortgages stood at 1.55% as of December 6, according to the latest interest rate forecast from the comparison portal Comparis.At the end of September, the benchmark rate was 1.81%.

Dec 27, 2024 · The Swiss Franc Is Being Tokenized. This Will Transform the Financial Center, Says David Newns of SIX Digital Exchange. Last spring, the Swiss National Bank (SNB) and SIX Digital Exchange (SDX) launched an initiative that could significantly impact the financial world: the tokenization of the Swiss franc. This project aims to revolutionize traditional interbank trading by introducing a digital ...

Dec 23, 2024 · The Swiss parliamentary investigation into the collapse of Credit Suisse sounds the death knell of FINMA’s principles-based regime. Hundreds of pages of reports examining what happened can also be boiled down to a glaring finding - a regulatory filter that significantly skewed the now-defunct bank’s capital ratio to the point that …