The interest rates for mortgages have significantly decreased, but many people seem to be unaware of this change. Financial experts have noticed that it can be challenging for individuals to stay informed about the current mortgage market. Earlier this year, homeowners were concerned about high inflation and rising interest rates, which affected the demand for […]
The penultimate week of the year brought some significant developments in the world of cryptocurrency. One of the most anticipated events is the potential approval of a Bitcoin Exchange-Traded Fund (ETF) by the U.S. Securities and Exchange Commission (SEC) in January 2024. If approved, this could have a major impact on the demand for Bitcoin, […]
The Zürcher Kantonalbank (ZKB) has announced changes to its pricing structure for personal accounts and banking packages. Starting from 2024, the bank will no longer charge annual fees for personal accounts and debit cards for private customers. This move is aimed at providing more affordable banking options for customers.However, it is important to note that […]
In the world of cryptocurrency, 2023 has been marked by the emergence of several controversial figures. Karl Sebastian Greenwood, Ian Freeman, and Amir Bruno Elmaani, also known as “Bruno Block,” have made headlines as the top three most controversial crypto figures of the year.The cryptocurrency industry has also been actively involved in influencing the upcoming […]
Russia has officially integrated its central bank digital currency (CBDC), the digital ruble, into the nation’s tax code. This move signifies a significant step in Russia’s adoption of digital currencies, as President Vladimir Putin signed it into law.The International Monetary Fund (IMF) has raised concerns about high inflation rates worldwide, urging central banks to maintain […]
The Canton of Basel-Stadt is embracing the benefits of digitalization in its financial procurement processes. With the support of Basler Kantonalbank, it has launched a digital bond worth 105 million Swiss francs. This bond is being issued on the SDX platform, which is based on blockchain technology, and can be purchased using digital Swiss francs […]
The Swiss Federal Councillor Karin Keller-Sutter and the British Chancellor Jeremy Hunt have signed the “Berne Financial Services Agreement” to bring the two financial centers closer together. The agreement aims to strengthen competitiveness and promote close cooperation between Switzerland and Great Britain in the areas of banking, securities services, insurance, asset management, and financial market […]
A recent survey conducted by crypto asset manager Grayscale reveals that 40% of American investors are considering adding digital assets to their investment portfolios in the future. This indicates a shifting trend in the growth of the digital assets industry, despite the setback caused by the collapse of the FTX crypto exchange.The survey also highlights […]
The United Kingdom and Switzerland are set to establish a new post-Brexit agreement on financial services. The agreement, titled “Mutual Recognition Agreement for Conformity Assessments,” aims to strengthen and bring closer together the connections between the two financial centers.On Thursday, British Finance Minister Jeremy Hunt is expected to visit Bern, where he will sign the […]
The Migros Bank, a Swiss institution with a large customer base, is making efforts to attract customers and make saving more attractive. Starting from January 1, 2024, the bank will increase the interest rate on its Bonus Savings Account to 1.4 percent. Additionally, the interest rates on Youth Savings Accounts and the Free25 Personal Account […]
