The decline is primarily attributable to the interest rate reversal. Net interest income decreased by 8,8 percent or 5,0 million francs to 51.0 million francs, after rising by 29 percent in the record ...

A public liquidity backstop provides cash to lenders in serious trouble, and in 2023 Credit Suisse accessed one via an ...

GBP/USD trades with caution near 1.2650 in European trading Friday as traders look to the UK Retail Sales and PMI data for fresh trading impetus. The pair stays defensive amid renewed US Dollar buying ...

The transaction, expected to close in the second half of 2025, is subject to regulatory approval and aligns with EFG's M&A ...

The European Central Bank wants to establish a blockchain-based payment system that allows financial institutions to settle ...

According to the Swiss data, gold exports from the country to the U.S. rose to 192.9 tons in January from 64.2 tons in ...

Exports of Swiss watches returned to positive territory in January, helped by growth in the U.S., which continues to be a key market for the sector amid signs of a potential rebound in demand for ...

Zurich Insurance Group AG appointed former Swiss National Bank President Thomas Jordan to its board of directors.

The parliamentary committee said in a statement that State Street may be forced to follow “instructions from the US ...

The Zurich-based lender said its revenue-generating assets under management stood at 165.5 billion francs at the end of the year, up from 142.2 billion francs a year prior. The company said the result ...

Fed’s Daly said the central bank should keep short-term borrowing costs where they are until the progress is more visible.