Filtered by Topic
Latest Banking news and updates from Switzerland. AI-curated articles covering Banking topics.
← Show All NewsBanking
Swiss banks generated CHF74.5 billion in direct and indirect value added in 2025, equivalent to about 338,700 full-time jobs, according to a study commissioned by the Swiss Bankers Association. Direct value added accounted for around 5.1% of Switzerland’s total.
1 day ago · 1 source
Credit Suisse
Former Credit Suisse chair Urs Rohner has received a suspended fine over alleged false statements to Swiss regulators during an investigation into the bank’s staff-surveillance scandal. The finance ministry’s penalty decision is not final.
SWI swissinfo.ch
Banking
A Swiss rescue of a Russian bank in 2022 allowed the lender to resume operations under new ownership, but the arrangement later ran into serious problems. A new investigation traces the decisions behind the short-lived effort to resolve the bank’s future.
SWI swissinfo.ch
Business
UBS has cut about 200 jobs in London as its integration of Credit Suisse nears completion. The reductions affect several business units, including wealth management and investment banking.
SWI swissinfo.ch
UBS
The UK government tried to persuade UBS to move its legal headquarters and stock-market listing to London if Switzerland’s tougher capital rules prompted the bank to relocate. The discussions highlight the international stakes in Switzerland’s debate over UBS regulation.
SWI swissinfo.ch
Switzerland
FINMA says PostFinance still needs to clarify its plans for dealing with a severe financial crisis, even though the bank has met requirements for loss-absorbing capital. Zurich Cantonal Bank and Raiffeisen, by contrast, were judged to have met the regulator’s requirements.
SWI swissinfo.ch
Switzerland
Job vacancies at Switzerland’s ten largest banks fell 14% year on year in September and were down sharply compared with 2023. UBS recorded particularly pronounced reductions as the sector continues to adjust its workforce needs.
SWI swissinfo.ch
Cybersecurity
Hackers have stolen account data from Revolut, affecting some customers based in Switzerland. The incident raises fresh questions about safeguards for the millions of Swiss residents using international fintech services, even as Revolut seeks a formal Swiss banking presence.
The Local Switzerland
Banking
The Swiss Senate has backed a demanding new capital requirement that would require UBS to finance 90% of its foreign holdings with Common Equity Tier 1 capital, escalating debate over the country’s too-big-to-fail safeguards and banking competitiveness.
SWI swissinfo.ch
Banking
UBS executives have signalled reluctant support for a parliamentary compromise allowing AT1 bonds to count towards some new capital requirements, ahead of a key vote on Switzerland’s banking overhaul.
SWI swissinfo.ch
Technology
Swiss-based Revolut customers are among those affected after hackers stole account data, raising fresh questions about security at the fast-growing digital bank.
The Local Switzerland
UBS
The Senate has postponed its decision on stricter capital requirements for UBS’s foreign subsidiaries. The proposal could require the bank to hold around CHF18 billion in additional core capital, setting up a major debate over financial stability and competitiveness.
SWI swissinfo.ch
Switzerland
Pierre Mirabaud, former president of the Swiss Bankers Association, is due to stand trial over alleged bribes linked to the management of Kuwaiti public funds. The report should explain the indictment, the alleged CHF82 million in kickbacks and what the case says about accountability in Swiss private banking.
SWI swissinfo.ch
Switzerland
The Swiss National Bank is backing the Federal Council’s tougher plan to require UBS to support foreign units with high-quality Swiss equity. The report should explain the capital debate and its implications for financial stability, UBS competitiveness and taxpayers.
SWI swissinfo.ch
Technology
Switzerland's leading payment app, Twint, is set to introduce a direct debit service by 2027, offering its over six million users a streamlined way to manage recurring bills for subscriptions, insurance, and more directly within the app.
SWI swissinfo.ch
Finance
Switzerland's financial regulator, FINMA, has highlighted a significant increase in cyber attacks and warned of the systemic risks posed by advanced Artificial Intelligence, placing the onus on banks to manage these escalating threats.
SWI swissinfo.ch
Finance
The Federal Council has put forth new regulations for public consultation aimed at holding bank executives more accountable and preventing risky bonus incentives, a direct response to the failings identified in the Credit Suisse debacle.
SWI swissinfo.ch
Finance
Swiss banking giant UBS has been ordered to pay $145 million in fines by US authorities for repeated and inadequate anti-money laundering controls between 2019 and 2023. The US regulator FinCEN described the bank as a repeat offender.
SWI swissinfo.ch
UBS
Swiss banking giant UBS has been hit with a $145 million fine in the United States for repeated failures in its anti-money laundering controls between 2019 and 2023. US authorities described the bank as a 'repeat offender,' with FinCEN imposing its largest-ever penalty on a broker-dealer.
SWI swissinfo.ch
Economy
The Swiss National Bank (SNB) announced a profit of CHF 25.17 billion for the first six months of 2026, primarily driven by substantial gains on its foreign currency positions, despite reporting a valuation loss on its gold holdings.
SWI swissinfo.ch
