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Swiss Banks Prolong Bitcoin Industry To Germany And Austria

Swiss Banks Prolong Bitcoin Industry To Germany And Austria

Swiss banks are lending hands for Germany And Austria in the bitcoin industry.

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Swiss Attorney General Maximizes Malaysian 1MDB Probe Fund

Swiss Attorney General Maximizes Malaysian 1MDB Probe Fund

Swiss government is currently undergoing investigations to probe fund of the 1MDB

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Syngenta SA Products As ChemChina's $43 billion Takeover Is Welcomed

ChemChina Seeks $35 Loans to Complete Acquisition Transaction with Syngenta

Earlier this month, Chinese state-owned company ChemChina reached an acquisition deal of $43 billion with Swiss company Syngenta. After clearing regulation requirements in China, ChemChina is now seeking out loans of more than $35 billion from bankers to fund the purchase.

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China's February New Loans Hit 535.6 Billion Yuan

ChemChina and Syngenta Agreed on a $34 Billion Takeover

Both ChemChina and Syngenta have agreed on the amount of $34 billion for ChemChina to acquire the Swiss company. The acquisition, if completed, would be the biggest foreign purchase ever made by a Chinese company. However, the trend shows that Chinese company are showing interest in investing overseas, especially in the Western countries.

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China Allocates More Financial Support For Farmers

ChemChina plans to take over Syngenta

Previously, the company has also purchased German's KraussMaffei Group. Also, Chinese companies investment overseas is growing.

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Swiss National Bank

Swiss economy defies doomsayers, weathers franc shock

When the Swiss central bank abandoned its cap on the franc back in January, corporate Switzerland warned of an economic "tsunami" that would hit exports, hammer jobs and plunge the Alpine nation into a deep recession.

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Tidjane Thiam

Credit Suisse replaces CEO Dougan with Prudential's Thiam

Credit Suisse (CSGN.VX) is bringing in Tidjane Thiam, the head of British insurer Prudential (PRU.L), as its new chief executive to help drive the Swiss bank's push into wealth management in emerging markets.

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HSBC

HSBC not the troublemaker made out to be, rival Swiss banker says

HSBC (HSBA.L), in the spotlight after details emerged about how its Swiss unit allegedly helped clients dodge taxes, isn't the troublemaker it is currently depicted as, the head of a rival private bank was quoted saying on Saturday.

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Stephen Green

Former HSBC chairman steps down from City lobby group after leaks

A former boss of HSBC, Stephen Green, has stepped down from his position with a financial services lobby group after allegations that the bank helped people dodge taxes.

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Paris

Europe shares dip; Sunrise climbs in market debut

European stocks dipped on Friday, with regional indexes pausing just below recent multi-year highs as investors looked to the January U.S. non-farm payrolls report due later in the session.

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Tokyo Stock Exchange

Asian shares tread cautiously ahead of U.S. payrolls

Asian shares edged higher in early trade on Friday and oil prices continued to rebound, even as investors remained wary ahead of the key U.S. nonfarm payrolls report for January later in the session.

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Swiss 100 franc bank notes

Central bankers lurch from 'whatever it takes' to 'whatever next'

The Swiss currency shock has raised an awkward question many investors have been fearful of asking - what if central banks become as unpredictable and fallible as they are powerful?

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Gold bars and Swiss Franc banknotes

Gold tumbles after Swiss referendum, oil hits five-year low

Gold prices tumbled on Monday after Swiss voters overwhelmingly rejected proposals to boost gold reserves in a referendum, joining the broad rout in commodities that sent oil prices to five-year lows and copper to four-year lows.

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Australian Securities Exchange Screen.

Dollar holds broad gains, NZ dollar stung by RBNZ

The U.S. dollar held near a six-year peak against the yen early on Thursday and powered to a seven-month high on its New Zealand peer, which fell after the country's central bank said its current level is "unjustified and unsustainable".

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Swisscom AG

Swisscom profit plunges by 6.8%, to name new CEO before the year ends

Swisscom's profit plunged by 6.8% in the second quarter as it looks for new CEO of the company.

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