Swiss

ZURICH (Reuters) - The Swiss franc rose to its highest level against the euro in nearly a decade on Monday, as heavy losses in stock markets, concerns about U.S. and global growth and tensions in the Middle East lured investors to the…

Investing.com - The U.S. dollar fell sharply on Monday amid concerns over U.S. economic growth, with strong demand for the safe-haven Swiss franc and Japanese yen. At 08:45 ET (12:45 GMT), the dollar index, which tracks the greenback…

Major currencies remain stable so far today, with little change overall. Even USD/JPY is only seeing a range of around 100 pips, currently holding near 149.40. The pair continues to see choppy volatility in the past few sessions,…

Swiss regulator FINMA has published guidance for issuers of stablecoins, urging them to verify the identity of all persons holding digital tokens linked to fiat currencies. The Swiss Financial Market Supervisory Authority (FinMarket…

ZURICH (Reuters) - Swiss private bank Julius Baer reported a 15 percent drop in profit in the first half of 2024 on Thursday, a turbulent period that saw its chief executive step down in the wake of the multi-million dollar Cigna debacle.…

By John Revell ZURICH (Reuters) - Julius Baer said on Tuesday it had appointed Goldman Sachs partner Stefan Bollinger as its new chief executive, as the Swiss private bank looks to move on from the Signa debacle that cost it millions of…

Swiss National Bank President Thomas Jordan spoke in an interview published by Le Temps newspaper on Friday.It was Adam who made the headlines. In case you missed it, Jordan had specific comments regarding the Swiss franc:The Swiss…

(Press Release – Dubai, UAE, July 4, 2024) BybitCoinDesk, the world’s second-largest Web3 platform by trading volume, has reinforced its commitment to fostering innovation and collaboration within the blockchain industry…

Written by Stefania Spezati and Oliver Hurt ZURICH (Reuters) - UBS is pressing the Swiss government to clarify how much capital the bank will need to retain capital after buying Credit Suisse, sources familiar with the matter said, amid…

Danone, the French yoghurt maker in transition, is stepping up investment in nutritious drinks for cancer patients and the elderly, betting that an aging population will boost long-term growth. The medical nutrition unit will be a big…