Monex Group to Acquire Majority Stake in 3iQ Digital Holdings, Expanding Crypto Asset Management Business

Japan-based brokerage firm Monex Group has announced its plans to acquire a majority stake in 3iQ Digital Holdings, a Canada-based asset manager and crypto exchange. Monex cited 3iQ’s experience in listing the first spot Bitcoin and Ether exchange-traded funds in North America as a key reason for the acquisition. The move is part of Monex’s […]

Experts Predict Exciting Future for Swiss Banking Industry

Matthias Geissbühler, the investment chief at Raiffeisen, leads clients through the stock market during the week. However, on Saturdays, he takes on a different role as singer-songwriter Matt, showcasing his new album to the audience. In an interview with, Geissbühler discusses his passion for music and the parallels he sees between music and investing.The […]

J.P. Morgan’s US Bank Unit Generates Nearly One-Fifth of Industry Profits

The US banking giant J.P. Morgan has solidified its leadership position, with its US banking subsidiary generating nearly one-fifth of the industry’s profits in the first nine months of the year. According to the Financial Times, the bank earned $38.9 billion in profit during this period, accounting for approximately 18% of the total industry profits. […]

Aquila Group Under Scrutiny: Former Julius Bär CFO Joins Controversial Partner Alpique Swiss Wealth Partners

Dieter Enkelmann, former CFO of Bär Bank, has taken a seat on the board of Aquila Swiss Wealth Partners, a partner of Aquila Group. This move brings attention to the Aquila Group, which has been in the spotlight due to a contentious legal case in London. Enkelmann’s involvement with Aquila Swiss Wealth Partners raises questions […]

Bank Job Cuts Reach Record High in 2023, UBS Leads the Way

Western banks have been cutting tens of thousands of jobs this year, with Swiss bank UBS leading the way. According to calculations by the British newspaper “Financial Times,” European and American banks have eliminated more than 60,000 positions in 2023. This is a significant number, comparable to the aftermath of the 2008 financial crisis, and […]

Evaluation of Swiss Banking Regulation: Too Big to Fail Rules Under Scrutiny

The Swiss government is considering the evaluation of regulations for large banks, according to Federal Councillor Karin Keller-Sutter. The Finance Minister is advocating for an open discussion on the matter. The recent report on the Credit Suisse crisis has raised questions about whether the “Plan B” for rescuing the bank would have been successful. The […]

New Leadership Transitions in Swiss Financial Institutions

Andréa Maechler, former director of the Swiss National Bank (SNB), surprised the financial world when she resigned in June and took on a new role as Deputy General Manager at the Bank for International Settlements (BIS) in Basel in September 2023. Maechler had been a member of the SNB Directorate since 2015, leading the III. […]

UBS Tops Global Job-Cut Rankings in 2023

The UBS, a Swiss bank, is set to make significant job cuts and early retirements starting from January. This development has raised concerns in the financial sector as the year comes to an end. According to a recent report by the Financial Times (FT), global banks have already eliminated over 60,000 jobs in recent months.Interestingly, […]