Neuroscientists and neurosurgeons from different university centers in Lausanne (Switzerland), the University of Bordeaux (France) and the National Institute for Health and Medicine Research in France have designed a neuroprosthesis that has enabled Marc, a 62-year-old patient who suffers from…
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Browsing Tag
Switzerland
UBS to cut 3,000 jobs in Switzerland after Credit Suisse integration
UBS plans to cut around 3,000 jobs in Switzerland over the next few years as a result of the purchase of its rival Credit Suisse, agreed last March and completed in June, as announced by the entity's CEO, Sergio Ermotti.
"In Switzerland,…
Switzerland works on new wholesale CBDC project
The Central Bank of Switzerland would be working on a wholesale CBDC, backed in Swiss francs, and with the support of Six Digital Exchange.
The information was released at the recent event in Zurich, Point Zero Forum, by the entity's…
Swiss President in favor of Credit Suisse-UBS merger
The Swiss government defended its role in bailing out Credit Suisse Group through its takeover by rival UBS, saying intervention to prevent the collapse of the country's second-biggest bank was necessary to avoid "disastrous" consequences.…
UBS launches offer to repurchase Credit Suisse bonds
The Swiss bank UBS announced an offer to repurchase the debt securities with maturity of 2028 and 2032 issued last Friday, just a couple of days before the agreement for the acquisition of Credit Suisse, whose aggregate amount amounts to…
ECB coordinates with central banks of the world liquidity of dollars until April
The most recent banking crisis has led the European Central Bank to coordinate a plan that guarantees dollar liquidity, for now, until the end of April.
The ECB is working with the Fed, the central banks of England, Canada and Japan, as…
UBS announces the purchase of Credit Suisse
The president of the Swiss Confederation, Alain Berset, has informed this Sunday of the purchase of the Swiss bank Credit Suisse by the UBS bank and has given an account that the Government guaranteed 100,000 million Swiss francs on…
Swiss unions ask for salary increase as inflation rises
The increase in gas and electricity prices, among the main consequences of the inflationary escalation in Europe, has led Swiss unions to request wage increases of between 4 and 5% to meet expenses.
It is no secret to anyone that the rise…
SEBA Bank launches token backed by physical gold
The digital asset banking platform SEBA Bank, fully integrated into the Swiss financial market regulatory body since 2019, launched its Golden Token.
The digital token is regulated to make investments and deliver physical gold on demand,…
Germany allocates special fund to deal with floods
Angela Merkel is visiting the areas that have been devastated by the floods in Western Europe, considered the worst of the century, leaving about 183 fatalities, dozens of disappeared and innumerable material damage in Germany and Belgium.…
BBVA in Switzerland will offer bitcoin transactions
The headquarters of the financial entity of BBVA of Switzerland launches today its first service for the purchase, sale and custody of crypto assets, starting with Bitcoin. The purpose is to open to other cryptocurrencies, for all its…
BBVA Switzerland activates the purchase and sale of bitcoins for its clients
The BBVA institution announced that from now on its clients will be able to purchase cryptocurrency custody and purchase services, specifically bitcoin.
The bank, which has been working on this initiative for more than two years, launched…