Swiss National Bank will not lightly take interest rates negative, chairman says
Swiss National Bank Chairman Martin Schlegel has not ruled out taking the central bank's policy rate into negative territory ...
Higher Capital Requirements for UBS Will Raise Costs for Others, CEO Says
ZURICH (Reuters) - Imposing higher capital requirements on UBS as a systemically relevant bank will usher in higher costs for ...
Investigation reveals Swiss bank ties to Nazi accounts
Jan. 27 marks 80 years since the Holocaust, and it serves as the official day of remembrance.Despite the passage of nearly a ...
Swiss central bank open to negative interest rates if needed
Martin Schlegel, Chairman of the Swiss National Bank (SNB), announced on Monday that the bank's policy rate could potentially ...
The Hindu5d
Swiss banking major UBS to double presence in Hyderabad, onboard 1,800 more people at GCC
Swiss banking giant UBS will expand its global capability centre (GCC) in Hyderabad and onboard an additional 1,800 employees over the next two years. The focus of the expansion will primarily to ...
Switzerland Is Vulnerable If Trump Wields Tariffs, Schlegel Says
Switzerland’s commerce with the US is significant and any tariffs would meaningfully impact its economy, according to Swiss ...
Swissinfo3d
UBS releases ‘hundreds’ of staff in fresh wave of job cuts
Swiss bank UBS has begun a wave of job cuts in its home market Switzerland, with hundreds of employees receiving notice in recent weeks, according to people familiar with the matter. The current ...
Hackers Target Websites Of Swiss Banks, Local Councils
Russian hackers have attacked the websites of several regional banks and local councils in Switzerland, which is currently hosting the World Economic Forum, Swiss news agency ATS reported on Tuesday.