News

CITY WEEK 2025 Where The International Financial Services Community Meets
LONDON, ENGLAND, UNITED KINGDOM, June 26, 2025 /EINPresswire / -- More than 1,000 top-level senior decision-makers from UK and ...
Swiss private banks managing more wealth than ever, report finds
Swiss private banks saw assets under management climb to a record 3.4 trillion Swiss francs ($4.24 trillion) in 2024, driven by positive financial markets, KPMG said on Thursday.
World's most and least expensive cities: Do currencies dictate the cost of living?
The cheapest cities – Cairo, Bangalore, Delhi, and Jakarta – are also those where the local currency has lost the most value ...
Living in New York, Boston, or San Francisco is getting almost as expensive as Geneva or Zurich
US cities are no longer relatively cheap compared with their rivals in developed countries, Deutsche Bank's Mapping the World ...
USD/CHF refreshes over-a-decade low near 0.8030 on USD’s continued underperformance
The USD/CHF pair posts a fresh over-a-decade low near 0.8034 during Asian trading hours on Wednesday. The Swiss Franc pair ...
Oil, war and tariffs tear up markets' central bank roadmap
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
Swiss cut key interest rate by a quarter percentage point, putting its target now at 0%
Switzerland’s central bank says it has cut its target interest rate by a quarter of a percentage point, adding inflationary ...
Swiss National Bank cuts interest rates to zero as inflation falls
The Swiss National Bank cut its interest rate to zero on Thursday in response to falling inflation, appreciation pressure on ...
Switzerland’s New Capital Rules Will Be Feasible for UBS, Central Bank Says
The required capital increase will be achievable for the banking giant and shouldn’t excessively reduce its shareholder ...
Switzerland enters era of zero interest rates
The Swiss National Bank on Thursday cut interest rates by a further 25 basis points to 0% — adding to concerns over a ...
Oil hits sixth-day high, Wall Street wobbles as Iran–Israel tensions escalate
Oil prices are rising sharply, and global markets are edging into risk-off mode as the Iran–Israel conflict shows no signs of slowing, entering its sixth day on Wednesday. The geopolitical crisis, ...