There's a lot of cachet to the Swiss bank account. For generations, banking in cities like Zurich and Geneva has come with an air of mystery. This is a nation that fiercely safeguards financial ...
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HSBC Swiss bank under global scrutiny — secret accounts, dirty money & $300M under the radar
HSBC’s Swiss private banking division is under serious scrutiny as local and French authorities launch investigations into possible money laundering. The bank has acknowledged that these ...
Explore the Swiss National Bank's role in monetary policy, currency issuance, and financial stability. Learn how its structure and operations impact Switzerland's economy.
HSBC Holdings Plc’s Swiss private bank is the focus of a Swiss investigation into suspected money-laundering connected to the alleged embezzlement of hundreds of millions of dollars by the former head ...
ST. GALLEN, Switzerland (Reuters) - On the morning of January 27, employees at the St. Gallen headquarters of Wegelin, Switzerland's oldest private bank, were told to expect an important announcement ...
This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. FlowBank offers online brokerage and trading with its head ...
This Swiss fintech aims to modernize banking infrastructure by using Web3 technology: ERC-721 NFTs for client IDs and ERC-20 tokens for deposits. Swiss fintech Fiat24 is rebuilding banking ...
Swiss National Bank (SNB) President Martin Schlegel has rejected the idea of holding bitcoin as part of Switzerland’s central bank reserves, citing a lack of stability, liquidity, and security, ...
Following major upheavals in the Swiss market, foreign competitors to the remaining mega banks jockeyed for position. One set up the best systems, gained the trust and respect of the market, and ...
HSBC Holdings Plc’s Swiss private bank is boosting the pay of some of its staff as it looks to ward off exits, according to people familiar with the matter. The Swiss arm has been increasing ...
FRANKFURT/ZURICH (Reuters) - More than a decade after holocaust survivors won compensation from Swiss banks for emptying Jewish accounts that had lain dormant since the war, the pressure is on again ...
Indian money parked in Swiss banks more than tripled in 2024 to 3.5 billion Swiss francs (nearly Rs 37,600 crore) on the back of a huge jump in funds held through local branches and other financial ...
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