[ad_1] ZURICH, March 13 (Reuters) – Swiss financial regulator FINMA on Monday said it was seeking to identify any potential contagion risks for the country’s banks and insurers following the…
Tag: CEEU
U.S. crypto firms seek Swiss banking partners amid banking meltdown
[ad_1] LONDON, March 13 (Reuters) – U.S.-based crypto firms are trying to open Swiss bank accounts after the collapse of two U.S. crypto-focused banks made it harder for them to…
Germany imposes moratorium on German SVB branch
[ad_1] FRANKFURT, March 13 (Reuters) – Germany’s financial regulator BaFin on Monday said it was imposing a moratorium on the German branch of Silicon Valley Bank in the wake of…
Schroeder’s staff quits as ex-German chancellor resists pressure to cut Kremlin ties
[ad_1] BERLIN, March 1 (Reuters) – The entire staff of former German Chancellor Gerhard Schroeder’s taxpayer-funded office have quit as the long-time friend of Russian President Vladimir Putin resists growing…
Credit Suisse shares hit new low
[ad_1] ZURICH, March 13 (Reuters) – Credit Suisse (CSGN.S) shares hit a new record low in morning trading on Switzerland’s stock exchange. Bank shares in Europe and Asia plunged on…
Mobile games developer Huuuge says has $24.2 mln at SVB
[ad_1] March 13 (Reuters) – Mobile games developer Huuuge Inc (HUGP.WA) said late on Saturday about 10% of its cash and securities were held at the collapsed Silicon Valley Bank…
Exclusive: Deutsche Bahn bets on Huawei for railway digitalisation despite security concerns
[ad_1] DB chooses Huawei tech for digitalisation of rail network Critics worry could allow Beijing to disrupt railway Comes amid calls to make critical infrastructure more resilient Berlin soon to…
Germany also wants Switzerland’s Leopard 1 tanks – Swiss newspaper
[ad_1] ZURICH, March 4 (Reuters) – In addition to Leopard 2 tanks, German armaments company Rheinmetall wants to buy 96 Leopard 1 tanks from Swiss defence firm Ruag to send…
Reactions to Silicon Valley Bank meltdown
[ad_1] March 10 (Reuters) – California banking regulators on Friday closed SVB Financial Group (SIVB.O), the largest bank failure since the financial crisis, moving quickly to protect depositors as a…