The Liechtensteinische Landesbank (LLB) has recently opened new branches in Germany, specifically in Munich, Frankfurt, and Düsseldorf. These expansions are aimed at leveraging the bank’s close relationship with Switzerland and Europe to strengthen its presence in the market.According to a press release, the LLB branches in Germany began operations in January 2024 with a team […]
The Liechtensteinische Landesbank (LLB) has recently opened new branches in Germany, specifically in Munich, Frankfurt, and Düsseldorf. These locations were chosen to strengthen the bank’s close relationship with Switzerland and Europe.According to a press release, the LLB branches in Munich, Frankfurt, and Düsseldorf officially opened in January 2024 with a total of 20 employees. The […]
A recent survey conducted among employees of a major Swiss bank suggests that nearly half of the combined workforce of UBS and Credit Suisse are concerned about their job security. According to the survey conducted by “Efinancialcareers” at the end of 2023, 43.2% of UBS bankers expressed fear of losing their jobs, making them second […]
The forced sale of Credit Suisse (CS) to UBS has brought some stability to the troubled bank. However, the low sale price and the decision by the Swiss Financial Market Supervisory Authority (FINMA) to write off almost CHF 16 billion worth of contingent convertible bonds (AT-1 bonds) have caused an outcry in the financial market. […]
As individuals enter their later years, they often encounter various challenges that can impact their financial well-being. These challenges include the loss of social connections, disruptions to daily routines, and concerns about managing their finances during retirement.In a new series titled “Finanzen im Alter” (Finances in Old Age), the NZZ delves into the topic of […]
Crypto exchange OKX has announced that it will implement new requirements to comply with the rules set by the UK Financial Conduct Authority (FCA). Starting from January 8, users in the UK will be required to complete two questionnaires. The first questionnaire will assess users’ awareness of crypto investment risks and classify their investor profiles. […]
Binance, one of the largest cryptocurrency exchanges, experienced a significant decline in market share last year, dropping to 44.5%. This decline followed a three-year period of growth, where Binance’s market share had reached a peak of 60% in 2022. However, the company faced regulatory hurdles in various jurisdictions, which contributed to the downturn.In 2023, Binance […]
The entire team at finews.ch, finews.com, finewsticino.ch, and finews.asia would like to express their gratitude to all readers for their immense interest and trust in this memorable year, and wish you an exciting 2024 filled with encouraging surprises.Undoubtedly, 2023 will be remembered as an eventful year from a banking perspective. What few could have imagined […]
The Zürcher Kantonalbank has announced that it will be eliminating bank fees for private customers, a move that could potentially lead to a wave of fee reductions across the banking industry. This decision comes as a relief for customers who have been burdened with high fees, particularly during a period of negative interest rates.While other […]
Marionna Wegenstein, in her article for finews.first, explores the importance of sustainable communication in the finance industry. She highlights that simply using nice words is not enough to convince others. To truly make an impact, one must communicate in a sustainable manner.This News Article was automatically generated by Bob the Bot (AI) Information Details Geography […]
