Tag: Finma
Fintech Taurus collects CHF 65 million from Credit Suisse and Deutsche Bank
Sébastien Dessimoz, Jean-Philippe Aumasson, Lamine Brahimi, Oren-Olivier Puder (from left to right) The Taurus founding team wants to further expand its fintech with fresh money. Zurich The banking service provider…
Verius Capital: Real estate fund worth billions under pressure
New buildings in Berlin When granting real estate loans, banks became more and more cautious. Real estate funds have closed this gap. (Photo: IMAGO/Schöning) Zurich, Frankfurt Investors received the bad…
New corporate strategy by the end of October
Zurich The top management of Credit Suisse (CS) around CEO Ulrich Körner is working Sunday and night shifts these days. The top management is working almost around the clock on…
New corporate strategy by the end of October
Zurich The top management of Credit Suisse (CS) around CEO Ulrich Körner is working Sunday and night shifts these days. The top management is working almost around the clock on…
Credit Suisse appears to be considering options to strengthen capital
Lettering of the major Swiss bank Credit Suisse Zurich According to insiders, the major Swiss bank Credit Suisse is examining measures to strengthen capital. The considerations are at an early…
Federal Ministry of Finance loosens its access to the Bafin
Bafin In the billion-dollar Wirecard balance sheet scandal, the Bafin was accused of extensive failure. (Photo: dpa) Berlin The Federal Ministry of Finance (BMF) will give the financial supervisory authority…
Bafin boss Branson brings another Finma manager to the Board of Directors
Mark Branson The Bafin boss wants to reorganize the financial supervision. (Photo: dpa) Frankfurt Bafin boss Mark Branson is getting reinforcements from his previous employer for the expanded board of…
Bafin warns of consequences of the Ukraine war
Bafin President Mark Branson The head of the financial supervisory authority expects interest rate increases in the near future. (Photo: Jann Höfer for Handelsblatt) Frankfurt The financial regulator Bafin warns…
Switzerland accepts EU sanctions against Russia
Federal building in Bern On Friday, the Swiss Federal Council rejected EU sanctions. (Photo: imago images/Andreas Haas) Zurich Switzerland decides to impose sanctions on Russia after all. Federal President Ignazio…
Switzerland evades sanctions against Russian oligarchs
Demonstration in Berne The country’s hesitant attitude towards Russia is also controversial within Switzerland. (Photo: dpa) Zurich Switzerland could now decide on sanctions against Russia. This was indicated by Federal…
Banks: HSBC doubles profit
HSBC branch in London The result is just below the average expectations of the analysts. (Photo: Reuters) London Europe’s largest bank is back on course for growth. HSBC more than…
Fear of war pushes Dax price to its lowest level in months
Dax curve The leading German index had reached several new record highs in the last stock market year. (Photo: Bloomberg Creative/Getty Images [M]) Dusseldorf At the start of the week,…
The data leak is a risk for Credit Suisse’s new strategy
CreditSuisse Over 30,000 account records have been evaluated by an international network of journalists. (Photo: dpa) Just when it seems that the most turbulent phase is over, Credit Suisse gets…
Swiss financial regulator Finma examines revelations
CreditSuisse Over 30,000 account records have been evaluated by an international network of journalists. (Photo: dpa) Zurich The publication of customer lists by Credit Suisse, on which autocrats and criminals…
Credit Suisse falls back into the red
Zurich Credit Suisse was one of the few major banks in the world to close the 2021 financial year with a loss in the billions. As the money house announced…
The new boss Mark Branson is turning financial supervision upside down.
Mark Branson The new Bafin President is a qualified mathematician and acts in a sober and fact-driven manner. “Sometimes he reminds you of Angela Merkel,” says a Bafin insider. (Photo:…
How professional investors invest in alternatives to Bitcoin & Ethereum
Litecoin, Dogecoin, Ether – or is it Bitcoin? Zurich They are well-known names – and they promise incredible returns: so-called altcoins, alternatives to established cryptocurrencies such as Bitcoin and Ethereum.…
How professional investors invest in alternatives to Bitcoin & Ethereum
Litecoin, Dogecoin, Ether – or is it Bitcoin? Zurich They are well-known names – and they promise fabulous returns: so-called altcoins, alternatives to established cryptocurrencies such as Bitcoin and Ethereum.…
Swiss crypto bank Sygnum reaches valuation of $ 800 million
Sygnum boss Mathias Imbach The Swiss founded Sygnum in 2017, one of the first crypto banks with a banking license. (Photo: Sygnum) Zurich The Swiss Krytobank Sygnum has raised $…
Swiss crypto bank Sygnum reaches valuation of $ 800 million
Sygnum boss Mathias Imbach The Swiss founded Sygnum in 2017, one of the first crypto banks with a banking license. (Photo: Sygnum) Zurich The Swiss Krytobank Sygnum has raised $…