European Banks Struggle with Low Valuations Despite Solid Financials

European banks are facing challenges as their stocks continue to trade below their book value, according to a study by Boston Consulting Group (BCG). The analysis reveals that 73% of European banks are being traded below their book value, with some banks experiencing this situation for an extended period of time. Despite solid profits, investors […]

European Banks Struggle with Low Valuations Despite Solid Financials

European banks are facing challenges as their stocks continue to trade below their book value, according to a study by Boston Consulting Group (BCG). The analysis reveals that 73% of European banks are being traded below their book value, with some banks experiencing this situation for an extended period of time. Despite solid profits, investors […]

Swiss Life CEO Matthias Aellig to Continue Company’s Successful Path

Swiss Life, the largest life insurer in Switzerland, is preparing for a leadership transition as CEO Patrick Frost steps down in May. Frost, who is retiring at the age of 58, has expressed his desire to focus on strategic tasks and will have the opportunity to eventually succeed Chairman Rolf Dörig. Although there are no […]

Swiss Life CEO Matthias Aellig to Continue Company’s Successful Path

Swiss Life, the largest life insurer in Switzerland, is preparing for a leadership transition as CEO Patrick Frost steps down in May. Frost, who is retiring at the age of 58, has expressed his desire to focus on strategic tasks and will have the opportunity to eventually succeed Chairman Rolf Dörig. Although there are no […]

Lugano Introduces Cryptocurrency Payments for Taxes and Fees

Lugano, a city in Switzerland, has expanded its payment options by accepting Bitcoin (BTC) and Tether (USDT) for the payment of tax bills and other municipal fees. This move comes as part of Lugano’s “Plan B” to utilize Bitcoin technology and blockchain for the transformation of the city’s financial system. The payment solution is being […]

Lugano Introduces Cryptocurrency Payments for Taxes and Fees

Lugano, a city in Switzerland, has expanded its payment options by accepting Bitcoin (BTC) and Tether (USDT) for the payment of tax bills and other municipal fees. This move comes as part of Lugano’s “Plan B” to utilize Bitcoin technology and blockchain for the transformation of the city’s financial system. The payment solution is being […]

Swiss Economy Faces Challenges with Sluggish Growth and Strong Franc, Warns Raiffeisen Chief Economist

Raiffeisen Bank’s chief economist, Fredy Hasenmaile, has issued a warning about the challenging situation facing the Swiss economy. He predicts that the country’s economic growth will be sluggish in the coming year, citing the persistent strength of the Swiss franc as the main factor. This is particularly impacting the traditional manufacturing industry and exacerbating the […]

Swiss Economy Faces Challenges with Sluggish Growth and Strong Franc, Warns Raiffeisen Chief Economist

Raiffeisen Bank’s chief economist, Fredy Hasenmaile, has issued a warning about the challenging situation facing the Swiss economy. He predicts that the country’s economic growth will be sluggish in the coming year, citing the persistent strength of the Swiss franc as the main factor. This is particularly impacting the traditional manufacturing industry and exacerbating the […]

Swiss Bank Facilitates Smooth Transition for Pension Fund Transfers

Swiss pension funds are exploring the possibility of changing their service providers following the merger of UBS and Credit Suisse. This move is driven by the desire to diversify investments and reduce concentration risks in the financial market. While some funds are already considering new tenders for specific services, experts predict that significant market shifts […]

Swiss Bank Facilitates Smooth Transition for Pension Fund Transfers

Swiss pension funds are exploring the possibility of changing their service providers following the merger of UBS and Credit Suisse. This move is driven by the desire to diversify investments and reduce concentration risks in the financial market. While some funds are already considering new tenders for specific services, experts predict that significant market shifts […]