Edition:
United States

Brenna Hughes Neghaiwi

Swiss-based Libra will have to meet tough U.S. standards: U.S. Treasury

Sep 11 2019

BERN The Facebook-led Libra cryptocurrency project must meet the highest standards for combating money laundering and terrorism financing if it is to get off the ground, a senior U.S. Treasury official said on Tuesday.

Fed Chair Powell repeats vow to act 'as appropriate'

Sep 06 2019

ZURICH The U.S. Federal Reserve will continue to act "as appropriate" to sustain the economic expansion in the world's biggest economy, Fed Chair Jerome Powell said Friday in Zurich, sticking to a phrase that financial markets have read as signaling further interest-rate reductions ahead. | Video

Fed's Powell says politics play no role in interest-rate decisions

Sep 06 2019

ZURICH U.S. Federal Reserve Chair Jerome Powell on Friday defended the central bank against the suggestion it would use monetary policy to affect political outcomes or be moved to take action based on political considerations.

Fed's Powell says politics play no role in interest-rate decisions

Sep 06 2019

ZURICH U.S. Federal Reserve Chair Jerome Powell on Friday defended the central bank against the suggestion it would use monetary policy to affect political outcomes or be moved to take action based on political considerations.

UBS krempelt Investmentbank um - Hunderte Jobs bedroht

Sep 05 2019

Zürich UBS-Chef Sergio Ermotti sucht im schwächelnden Investmentbanking den Befreiungsschlag.

UBS to revamp investment bank in effort to lift flagging earnings

Sep 05 2019

Switzerland's UBS plans another shake-up of its investment banking arm to help boost earnings and curb costs after tough market conditions precipitated a performance dip.

Swiss panel recommends not reappointing prosecutor after FIFA meetings

Sep 04 2019

ZURICH A Swiss parliamentary panel recommended not re-electing Attorney General Michael Lauber after he held undocumented meetings with FIFA President Gianni Infantino even as his office investigated world soccer's governing body on suspicion of corruption.

Barclays, Julius Baer bolster wealth business with ex-Credit Suisse bankers

Sep 03 2019

ZURICH Britain's Barclays and Switzerland's Julius Baer have targeted Credit Suisse's International Wealth Management business, which in July saw the departure of its head Iqbal Khan, to hire a total of 14 bankers.

Julius Baer decides to keep Kairos after strategic review

Aug 30 2019

ZURICH Lender Julius Baer has decided to keep its Italian subsidiary Kairos after completing a strategic review and as the asset and wealth manager's performance improves, Switzerland's third-largest listed bank said on Friday.

UBS hires former Credit Suisse star Khan as part of broader shakeup

Aug 29 2019

ZURICH Switzerland's biggest bank UBS on Thursday appointed former Credit Suisse manager Iqbal Khan to co-lead its flagship wealth management business, as part of a broader shake-up of its executive board.

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