Data on wages in Switzerland unveiled: pharma takes the lead06 December 2018
Recently published data on the executive salaries revealed that bankers are no longer the best earning top employees in the country. The pharmaceutical industry has taken over the lead. Also, median wages for all kind of employees in Zurich has been unveiled.
WE CHANGED THE BANK02 December 2018
We have moved our bank accounts from BCGE to ZKB!
ExchangeMarket.ch is changing the bank accounts from December 1st 2018. We will be requesting our customers to make the bank transfers to our new bank accounts at Zürcher Kantonalbank from this date on.
Euro exchange rate slips as Euro Zone economy slows down27 November 2018
The Euro has fell down against the US dollar, losing its earlier gains. It was due to the comments of Mario Draghi, the head of European Central Bank, that informed the Euro Zone economy growth is slowing down.
FINMA reportedly sets tough restriction on bank crypto trading23 November 2018
Swiss Financial Market Supervisory Authority FINMA is said to put restrictions on banks that crypto assets risk should be weighted eight times their market value when it comes to calculating loss-absorbing capital buffers. Such news comes from confidential letter obtained by swissinfo.ch.
Swiss watchdog investigates boycott by big banks of Apple Pay, Samsung Pay16 November 2018
Swiss competition authority launched an investigation into some of huge banks’ actions that were supposedly aimed at boycotting mobile payment solutions, like Samsung Pay or Apple Pay. Investigation covers Swiss units of UBS, Credit Suisse and local entities: Aduno Holding, Swisscard AECS GmbH, PostFinance.