[ad_1] By Brenna Hughes Neghaiwi, Abhinav Ramnarayan ZURICH (Reuters) – Credit Suisse said on Friday it is winding down its $10 billion supply chain finance funds, which were mostly invested…
Tag: Wealth Management (TRBC level 5)
Swiss banks break ranks as U.S. tax probe bites
[ad_1] ZURICH (Reuters) – The unified front with which Switzerland’s banks have defended their culture of secrecy is breaking down as some prepare to hand over data in a U.S.…
BNP Paribas considers axing 250 jobs in Switzerland
[ad_1] By Brenna Hughes Neghaiwi FILE PHOTO: The BNP Paribas logo is seen outside a bank office in Bordeaux, France, October 29, 2019. REUTERS/Regis Duvignau ZURICH (Reuters) – BNP Paribas…
Switzerland urged to step up fight against ill-gotten funds
[ad_1] BERNE (Reuters) – Switzerland is not doing enough to rid itself of ill-gotten funds, despite loosening its banking secrecy, and should now beef up its law against money laundering,…
Swiss banks see growth shifting to EU if no treaty is struck
[ad_1] GENEVA (Reuters) – Swiss banks will have to shift more operations to the European Union if Switzerland fails to secure a treaty with the trading bloc, Geneva private bankers…
Investment bank loss mars Thiam’s final act at Credit Suisse
[ad_1] By Brenna Hughes Neghaiwi ZURICH (Reuters) – Credit Suisse posted its highest annual profit in nearly a decade on Thursday, but volatile earnings at its investment bank and trading…
Sephora to open stores at 850 Kohl’s locations by 2023
[ad_1] (This Dec. 1 story corrects to remove reference to Planet Fitness in paragraph 8) FILE PHOTO: Customers, wearing protective face masks, are seen at a Sephora store on the…