Switzerland has created what they dub “Crypto Valley” in the region of Zug. Nurphoto | Nurphoto | Getty Images Crypto firms are scrambling to find
Read more
Tag: Switzerland
‘A financial banana republic’: UBS-Credit Suisse deal puts Switzerland’s reputation on the line
Switzerland, a country heavily dependent on finance for its economy, is on track to see its two biggest and best-known banks merge into just one
Read more
Saudi National Bank loses over $1 billion on Credit Suisse investment
Signage for Credit Suisse Group AG outside a building, which houses the company’s branch, in Tokyo, Japan, on Monday, March 20, 2023. UBS Group AG
Read more
‘The weakest links are cracking’: Investors consider possible Credit Suisse contagion
Credit Suisse said Thursday that it would borrow up to 50 billion Swiss francs ($53.68 billion) from the Swiss central bank. Bloomberg | Bloomberg |
Read more
Anti-national poster waved in front of UN building, India summons Swiss ambassador
India Switzerland Relations: The Indian Ministry of External Affairs objected to the waving of anti-India posters in front of the United Nations building in Geneva,
Read more
CNBC Daily Open: Stocks rebound as Treasury yields dip, but analysts aren’t optimistic
Traders work on the floor of the New York Stock Exchange (NYSE) on February 27, 2023 in New York City. Spencer Platt | Getty Images
Read more
‘China cannot be out, China must be in’: France says it’s diverging with Washington on Beijing ties
French Minister for the Economy and Finances Bruno Le Maire spoke at a CNBC panel in Davos. Ludovic Marin | Afp | Getty Images DAVOS,
Read more
The ‘greatest tragedy’ would be if central banks don’t finish the job on inflation, Larry Summers says
Larry Summers at the World Economic Forum in Davos, Switzerland. David A Grogan | CNBC Central banks not finishing what they have started in bringing
Read more
Bank of Japan defends yield curve control measures, intends to stick to ultra-easy monetary policy
Bank of Japan Governor Haruhiko Kuroda on Friday defended the central bank’s decision to widen the trading band in its yield curve control program and
Read more
In hindsight, monetary policy everywhere was too expansionary: Swiss central bank chief
“We probably all underestimated inflationary pressure in 2021,” Jordan told CNBC. Bloomberg / Contributor / Getty Images Monetary policy was “too expansionary” in previous years
Read more