The Swiss franc is cementing its position as the world’s go-to refuge after US President Donald Trump’s latest tariffs ...
ZURICH (Reuters) -Swiss lawmakers are seeking to water down government proposals to help prevent financial crime, saying the country needs to stay competitive in global cross-border wealth management ...
Swiss legislators opposed the government’s anti-money laundering law in an attempt to maintain the country’s competitiveness. The lawmakers said the initiative aims to make the country more ...
When most people think of Switzerland, stability is often the first thing that comes to mind. The country’s long history of political and financial stability, robust economy, transparency in financial ...
The Swiss National Bank on Thursday cut interest rates by a further 25 basis points to 0% — adding to concerns over a potential return to negative rates. Stream NBC 5 for free, 24/7, wherever you are.
The Swiss National Bank cut interest rates to zero percent on Thursday as inflation cools and the franc strengthens, while the economic outlook has deteriorated. The SNB, however, held off a decision ...
GENEVA (AP) — Swiss authorities on Monday said they have indicted a former official at Credit Suisse — now part of Swiss banking titan UBS — for alleged money laundering in a case involving state ...
GENEVA (AP) - In what experts called a last-ditch "nuclear option," the Swiss National Bank set a ceiling Tuesday on the value of its currency, which has skyrocketed as traders worldwide frantically ...
The $400 million of cumulative losses that Citigroup Inc., Deutsche Bank AG and Barclays Plc are said to have suffered from the Swiss central bank's decision to end the cap on the franc may be ...