Swiss regulator monitoring banks and insurers after SVB collapse

[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…

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…

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…

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…

Shein, Temu in fierce fight over US market for $10 dresses

[ad_1] NEW YORK/SHANGHAI, March 9 (Reuters) – Online fast-fashion retailer SHEIN and its newer rival Temu are in a race to win shoppers’ attention for their inexpensive China-made goods. The…