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NEWS
New Legislation Important for Swiss Fintech

New Legislation Important for Swiss Fintech

12 October 2020

                The Swiss Parliament adopted at the end of September new legal framework regarding to DLT technology, which will make operating easier for fintech companies.

USD Hit Three-Weeks Low As Odds for Biden Win Are Up

USD Hit Three-Weeks Low As Odds for Biden Win Are Up

09 October 2020

USD exchange rate hit the lowest point in three weeks on Friday and was on the way to record second week of losses in a row, as Biden is more likely to win elections, according to some polls.

USD Flat After Initial Jump On Demand For Safe-Haven Assets

USD Flat After Initial Jump On Demand For Safe-Haven Assets

07 October 2020

USD exchange rate got steady on Wednesday, after jumping initially the day before when higher demand for safe-have assets was observed.

How Swiss Wealth Management Performed During Pandemic?

How Swiss Wealth Management Performed During Pandemic?

01 October 2020

                How Swiss private banking sector was doing during the pandemic of COVID-19? Some wealth managers reported great results for 1st half of the year, as coronavirus boost demand for banking services.

SNB Issues Statement on Interventions, Wows to Continue Them

SNB Issues Statement on Interventions, Wows to Continue Them

28 September 2020

The SNB responded to public criticism of its interventions on foreign markets, and wowed to continue undertaking them in order to keep CHF exchange rate from getting too strong.

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