Search Results for: Swiss bank
SIX and Swisscom join forces to establish a mobile payment solution
August 5th, 2015
SIX and Swisscom join forces with Swiss banks to promote Paymit and create added value for customers and retail SIX and Swisscom are working towards a strategic partnership to establish a Switzerland-wide, universal mobile payment solution in collaboration with ...
8 Banking Giants Embracing Bitcoin and Blockchain Tech
July 28th, 2015
In its relative short history, bitcoin – and its underlying technology the blockchain – have captivated thinkers around the world, but not everyone was quick to see the potential. Due in part to its initial billing as a threat ...
IRS Probes Singapore Asset Manager for accepting transfers from undeclared Swiss accounts
July 20th, 2015
First came Switzerland. Now the Internal Revenue Service has a new target: Singapore Criminal investigators at the IRS are probing whether a Singapore asset-management firm accepted transfers from undeclared Swiss accounts closed by U.S. taxpayers, according to lawyers familiar ...
Saxo Bank receives two reprimands by Finanstilsynet (the Danish FSA) in relation to its handling of the CHF incident on 15 January 2015
July 10th, 2015
The Danish FSA has reviewed Saxo Bank A/S handling of the CHF incident and finds no reason to criticise the Bank except for two specific issues. The Danish FSA concludes that the method applied by Saxo Bank contributes to ...
What If You Had An Italian Bank Account? Or A Portuguese Bond?
July 3rd, 2015
Though it might yet drag on for weeks, months or even years, Greece’s drama can end in one of only two ways: Continued austerity which consigns its most vulnerable 50% to an endless “capital D” Depression, or some form ...
RVD Markets LTD announces initiation of bankruptcy proceedings
June 23rd, 2015
The company RVD Markets LTD has issued an announcement regarding initiation of bankruptcy proceedings. RVD Markets LTD says: Because of failed hedge operations at the beginning of the calendar year to a collapse of the euro against the Swiss ...
FIFA, Iran, HSBC Top To-Do List for Swiss Prosecutor
June 18th, 2015
After winning re-election as Switzerland’s Attorney-General on Wednesday, Michael Lauber went straight back to work. Not that he had much choice with a to-do list that’s getting longer by the day. Swiss authorities last week opened a probe into ...
S&P Cuts Ratings on European Banks
June 10th, 2015
Deutsche Bank, RBS, Barclays are among the banks being downgraded Standard & Poor’s Ratings Services cut its credit ratings on several European commercial banks on Tuesday, saying it considers the prospect that the governments would provide extraordinary support to ...
ASIC Developer Bitmine AG Goes Bankrupt, Faces Lawsuits
June 9th, 2015
Swiss ASIC miner developer Bitmine AG was officially declared bankrupt by the local court of Bellinzona, Switzerland, in May 2015. All accounts, assets and company documents have been handed over to the Swiss justice ministry and are under investigation. ...
SIX Swiss Exchange and Shanghai Stock Exchange step up their collaboration
June 9th, 2015
SIX Swiss Exchange and Shanghai Stock Exchange have agreed in a memorandum of understanding to step up their collaboration. A delegation from China is visiting the Swiss stock exchange today, where the two parties will sign the document in ...
