The world had fewer millionaires at the end of 2022 than at the beginning. That’s according to a report issued Tuesday (Aug. 15) by UBS and Credit Suisse showing that global...
The Swiss National Bank has called for a review of “too big to fail” (TBTF) regulations after the crisis around Credit Suisse in March. While measures taken by authorities...
Global mergers and acquisitions (M&A) volumes dropped by 48% year over year in the first quarter. As of Thursday (March 30), M&A volumes for the...
Credit Suisse, UBS and some U.S. banks are reportedly being investigated. Individuals at the two Swiss banks and the unspecified major U.S. banks were recently...
European real-time payments have seen historic growth in recent years. In fact, some European countries like the U.K., Sweden and Finland have even gone a...
Swiss banking giant UBS will purchase struggling rival Credit Suisse in a $3 billion government-supported deal. Switzerland’s central bank announced the takeover Sunday (March 19),...
Taurus has raised $65 million in a Series B round to grow its digital asset platform. The provider of digital asset infrastructure for financial institutions in...
Switzerland aims to identify and prosecute those behind a 2022 Credit Suisse data leak. Reuters reported Friday (Feb. 3) that the country’s federal prosecutors have launched criminal proceedings and...