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Switzerland
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Brokers
Swissquote Reports CHF20m Profits, eFX Income Lower by 2.2% in 2016
2017-03-03T09:40:17.000+02:00
Swissquote aims to maintain a pre-tax profit margin of 15 percent over the coming years.
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Innovation
Crypto Valley Association Founded in Swiss Canton of Zug
2017-03-01T14:02:19.000+02:00
UBS, PwC, ConsenSys, Monetas, Thomson Reuters, Luxoft among first members. Former UBS Group CIO Oliver Bussmann named President.
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Blogs
The Most Trusted Jurisdictions For FX Regulation
2017-02-10T16:56:18.000+02:00
Which jurisdictions are the most trusted in terms of FX regulation?
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Prime Brokerage
Credit Suisse to Cut 900 More Jobs in Switzerland Heading into 2017
2016-12-22T17:38:31.000+02:00
The lender is calling for 900 more job cuts heading into 2017 from its Swiss division.
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Executive Moves
Credit Suisse Taps Burkhard Varnholt as its Chief Investment Officer
2016-12-13T20:12:25.000+02:00
Burkhard Varnholt will step into the role of CIO of Credit Suisse's Swiss unit, replacing Anja Hochberg.
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Exchanges
Bats Expands Real-Time Benchmark Indices to Continental Europe
2016-12-13T10:51:32.000+02:00
Europe's largest exchange has launched new benchmark indices for the French, German, Italian and Swiss Markets.
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Prime Brokerage
Credit Suisse Announces Further Cost Cuts Amid Anticipated Job Losses
2016-12-07T10:46:32.000+02:00
Credit Suisse CEO says headcount reduction will not stop as up to 1,300 jobs face the axe.
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Regulation
Credit Suisse Banker Faces Jail for Alleged Violations of Fiduciary Duties
2016-11-28T10:26:51.000+02:00
Credit Suisse is reported to have earned around $79 million in commissions from the transactions.
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Executive Moves
Deutsche Bank Switzerland Adds Peter Hinder as New CEO
2016-11-24T17:49:55.000+02:00
Hinder will head up the bank’s operations in Switzerland and its European wealth management business.
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Brokers
ThinkMarkets Adds German Website, Eyeing Austria, Switzerland, and Germany
2016-11-14T12:11:15.000+02:00
The move ties in with ThinkMarkets' goal to be a top 10 player in the German FX and CFD market.
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Execution
Compagnie Financière Secures Over $110m in Swiss Bond Placement
2016-10-25T19:50:16.000+02:00
The group managed to raise $110m, taking advantage of advantageous market conditions on the Swiss capital market.
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Regulation
FINMA: Around 15 Swiss Banks in Money Laundering Red Zone
2016-10-17T11:38:46.000+02:00
The banks are being closely monitored and have been requested to provide FINMA with additional information.
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Regulation
MAS Shuts Down Falcon Private Bank in Singapore for AML Failures
2016-10-11T08:39:35.000+02:00
The regulator has closed the Swiss bank down and imposed penalties on DBS Bank and UBS for control lapses.
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News
MAS and FINMA Extend Fintech Cooperation Agreement, Cross-Border Exchange
2016-09-12T11:42:03.000+02:00
MAS and FINMA have held joint talks, focusing on fintech regulation and cooperation across both countries.
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Executive Moves
ICDA Appoints Two Key Board Members
2016-08-08T10:07:05.000+02:00
Swiss-based ICDA has today appointed Stéphane Graber and Paul Lynch to its board of directors.
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Crowd Funding
PostFinance Eyes Crowfunding to the Masses with Lendico JV in Switzerland
2016-07-11T14:34:55.000+02:00
Fintech firm Lendico eyes Swiss marketplace via joint-venture with PostFinance.
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Executive Moves
SIX CFO Stefan Mäder Announces Plan to Part Ways With Group
2016-06-01T18:21:43.000+02:00
Mr. Mäder’s decision to part ways snaps a six-year stint with SIX, though no succession candidate has been named.
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Executive Moves
Goldman's Jooris Departs for CEO Role at Bank Pictet & Cie Division in Asia
2016-06-01T14:01:13.000+02:00
Goldman Sachs' Dominique Jooris joins Pictet as CEO of PWM South Asia.
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Technology
Ex-Daiwa Securities' Rick Fulton Appointed CFO of ayondo
2016-05-19T12:40:22.000+02:00
Key hire amid reverse takeover negotiations aimed to get ayondo listed on SGX.
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Exchanges
SIX Swiss Exchange April Volumes Lifted but Transactions Dipped from March
2016-05-17T11:40:12.000+02:00
SIX Swiss Exchange April volumes up amid fewer transactions compared to March.
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Executive Moves
Credit Suisse Secures Former Deutsche Bank Executive Henrik Aslaksen
2016-04-21T11:03:26.000+02:00
Aslaksen has landed at Credit Suisse, following an abrupt departure from Deutsche Bank eight months ago.
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Execution
Julius Baer 2015 Annual Report Sees Net Profit Plunge
2016-03-21T14:18:49.000+02:00
Net profit plunged as operating expenses climbed after DoJ settlement.
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Brokers
Exclusive: Dukascopy Reports Record Revenues and Profits for 2015
2016-02-15T14:33:06.000+02:00
Swiss brokerage house Dukascopy Bank is reporting that the company registered $55.8 billion average monthly volume in 2015.
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Executive Moves
UBS Investment Bank Unit Adds Nicholas Reed to Marketing Team
2016-01-05T14:27:58.000+02:00
UBS has bolstered its foreign exchange, rates and fixed income marketing team with a new hire.
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Executive Moves
BGC Partners Strengthens Swiss Operations with Yann Le Gallais as Its Head
2015-12-09T16:11:55.000+02:00
Mr. Le Gallais will be based out of Nyon where he will focus on developing the group’s Swiss client base.
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See more
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