Friday 19 April 2024
 
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Swiss banking

Falcon names new chairman, board members

Falcon Group, a Swiss private banking boutique, recently approved a new composition of the Board of Directors with Christian Wenger as the new chairman and three new Swiss Board members. This follows the stepping down of the previ

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US trial delay brings UBS tax deal nearer

Hopes rose that Swiss bank UBS can finally move on from a damaging US tax row, after a request for a delay to a high-profile trial scheduled for later on Monday brought a settlement nearer. The US Department of Justice and UBS asked a fede

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Swiss bank body raising capital requirements

The Swiss federal banking regulator EBK is in the process of raising capital reserve requirements for investment banks, its president said in an interview published on Sunday. 'We have already required an extra buffer from the banks for a

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