Société Générale Issues First Digital Green Bond on Public Blockchain

Société Générale, one of the largest banks in France, has issued its first digital green bond on a public blockchain. The bond, worth €10 million and with a maturity of 3 years, was fully subscribed by AXA Investment Managers and Generali Investments through a private placement. This move is part of Société Générale’s efforts to […]

Société Générale Issues First Digital Green Bond on Public Blockchain

Société Générale, one of the largest banks in France, has issued its first digital green bond on a public blockchain. The bond, worth €10 million and with a maturity of 3 years, was fully subscribed by AXA Investment Managers and Generali Investments through a private placement. This move is part of Société Générale’s efforts to […]

Zurich Financial Firm Faces Turmoil as CEO Resigns and Cyber Attack Threatens Data Security

A Zurich-based financial company called Finaport has recently been in the spotlight due to its involvement with wealthy Russian clients and their money transfers through Swiss bank accounts. The media has dubbed the scandal “Finaport-Leaks,” and it has been part of a series of revelations, including the Panama Papers, Pandora Papers, and the recent “Cyprus […]

Zurich Financial Firm Faces Turmoil as CEO Resigns and Cyber Attack Threatens Data Security

A Zurich-based financial company called Finaport has recently been in the spotlight due to its involvement with wealthy Russian clients and their money transfers through Swiss bank accounts. The media has dubbed the scandal “Finaport-Leaks,” and it has been part of a series of revelations, including the Panama Papers, Pandora Papers, and the recent “Cyprus […]

UBS Confronts Obstacles in Merging Credit Suisse Wealth Management

The integration of Credit Suisse (CS) into UBS is facing challenges in the Swiss market. Concerns among CS bankers have arisen as UBS aims to present a positive image of the integration. The Central Switzerland region, which stretches from the Bernese Oberland to Solothurn, has become a hotbed for bankers switching to competitors. In addition, […]

UBS Confronts Obstacles in Merging Credit Suisse Wealth Management

The integration of Credit Suisse (CS) into UBS is facing challenges in the Swiss market. Concerns among CS bankers have arisen as UBS aims to present a positive image of the integration. The Central Switzerland region, which stretches from the Bernese Oberland to Solothurn, has become a hotbed for bankers switching to competitors. In addition, […]

Lugano Embraces Cryptocurrency: Bitcoin and Tether Now Accepted for Taxes and Municipal Services

The city of Lugano in Switzerland has announced that it is now accepting Bitcoin and Tether (USDT) as payment options for taxes and other municipal services. This move is part of Lugano’s “Plan B,” a collaboration with Tether to integrate blockchain solutions into daily municipal operations. Lugano residents and businesses can use either currency to […]

Lugano Embraces Cryptocurrency: Bitcoin and Tether Now Accepted for Taxes and Municipal Services

The city of Lugano in Switzerland has announced that it is now accepting Bitcoin and Tether (USDT) as payment options for taxes and other municipal services. This move is part of Lugano’s “Plan B,” a collaboration with Tether to integrate blockchain solutions into daily municipal operations. Lugano residents and businesses can use either currency to […]