The DAX, driven by the prospect of falling interest rates, broke its four-month-old record on Tuesday. The index climbed 0.78% to 16,533.87 points, surpassing the previous high of nearly 16,529 points at the end of July. The year-end rally continues, with the DAX gaining 9.5% in November alone. Since its low point in October, near […]
The DAX, driven by the prospect of falling interest rates, broke its four-month-old record on Tuesday. The index climbed 0.78% to 16,533.87 points, surpassing the previous high of nearly 16,529 points at the end of July. The year-end rally continues, with the DAX gaining 9.5% in November alone. Since its low point in October, near […]
The Swiss retail giant Coop has sparked ambitions at Hypothekarbank Lenzburg with its banking app services. The bank is now launching its own brand, HBL Solutions, for the banking-as-a-service sector. This move is seen as a strategic commitment to the growing business of embedded finance, where non-banks integrate financial products into their value chains. Hypothekarbank […]
The Swiss retail giant Coop has sparked ambitions at Hypothekarbank Lenzburg with its banking app services. The bank is now launching its own brand, HBL Solutions, for the banking-as-a-service sector. This move is seen as a strategic commitment to the growing business of embedded finance, where non-banks integrate financial products into their value chains. Hypothekarbank […]
The Financial Times (FT) has revealed today that KPMG England and KPMG Switzerland are planning to join forces. However, what appears to be a collaborative effort is actually a takeover attempt, with the London-based firm aiming to take control in Zurich.The vast difference in size between the two companies is already evident. While KPMG Switzerland […]
The Financial Times (FT) has revealed today that KPMG England and KPMG Switzerland are planning to join forces. However, what appears to be a collaborative effort is actually a takeover attempt, with the London-based firm aiming to take control in Zurich.The vast difference in size between the two companies is already evident. While KPMG Switzerland […]
The powerful US investment firm KKR has opened an office in Zurich, Switzerland, according to research by finews.ch. The private market specialist is primarily interested in the wealthy clientele of private banks in the country.KKR Kohlberg Kravis Roberts, the company, had already established a distribution company in Zurich in September of last year. Now, the […]
The powerful US investment firm KKR has opened an office in Zurich, Switzerland, according to research by finews.ch. The private market specialist is primarily interested in the wealthy clientele of private banks in the country.KKR Kohlberg Kravis Roberts, the company, had already established a distribution company in Zurich in September of last year. Now, the […]
Anatoly Legkodymov, co-founder and former CEO of cryptocurrency exchange Bitzlato, has pleaded guilty to operating an unlicensed money services business. In court, Legkodymov agreed to dissolve Bitzlato and forfeit $23 million in cryptocurrency. The exchange was allegedly used by criminals due to lax controls over illicit money transactions.Legkodymov was arrested in Miami during an international […]
Anatoly Legkodymov, co-founder and former CEO of cryptocurrency exchange Bitzlato, has pleaded guilty to operating an unlicensed money services business. In court, Legkodymov agreed to dissolve Bitzlato and forfeit $23 million in cryptocurrency. The exchange was allegedly used by criminals due to lax controls over illicit money transactions.Legkodymov was arrested in Miami during an international […]
