Saudi National Bank chair resigns in wake of Credit Suisse lossAmmar Al Khudairy said on March 15 that the biggest Saudi bank by assets could not buy more shares in Credit Suisse on regulatory grounds.
Swiss National Bank cuts overnight deposits by 30 billion francsAs the Swiss franc weakened last week, it was also possible the SNB had been selling some of its foreign currencies to maintain its value, ...
India engaging proactively with Switzerland to obtain info under tax treaty"In respect of these media reports, the Swiss authorities have recently, inter alia, conveyed that the SNB's (Swiss National Bank) report p...
Indians' money in Swiss banks down 6% in 2019; hits 3rd lowest in over three decadesAccording to SNB, its data for 'total liabilities' of Swiss banks towards Indian clients takes into account all types of funds of Indian cu...
Indians' money in Swiss banks falls, hits second-lowest level in two decadesMoney parked by Indians in Swiss banks fell by nearly 6 per cent in 2018 to 955 million Swiss francs.
SNB says its data include total deposits of Indian customers: Swiss moneySNB said the figures that showed an increase of 50 per cent in Indians' money in Swiss banks "are for total deposits of Indian customers at...
Indians' stash in Swiss banks jumps 50% to Rs 7,000 crore in 2017The funds under all three heads have risen sharply, as against a huge plunge across all categories in the previous year, the SNB data showe...
Pakistan money in Swiss banks down but still above India'sThe total funds linked to Pakistan in Swiss banks stood at 1,416 million at the end of 2016, down nearly 6 per cent from CHF 1,513 million ...
Money in Swiss banks: Pakistan overtakes IndiaAs per the latest data released by Switzerland's central bank SNB, the total funds linked to Pakistan in Swiss banks stood at CHF 1,513 mil...
India slips to 61st place on Swiss money list; Pakistan at 73rdIt now accounts for a meagre 0.123 per cent of the total global wealth worth USD 1.6 trillion in Switzerland's banking system.
Two big banks have 2/3rd of all Swiss money of IndiansUBS and Credit Suisse appear to be accounting for almost two-third of the total money held by Indians in Swiss banking system.
- Swiss banks come up with new safe haven
Amidst a global crackdown against alleged black money in secret Swiss bank accounts, their bankers are selling a new safe haven idea to the...
Rich hoarding banknotes, gold and art works in Swiss banksBankers are selling a new safe-haven idea to their rich clients -- the high-value 1,000 franc notes to be stored in safe deposit boxes.
- India ranks 55th on foreign money in Swiss banks
While India accounted for only 0.14% of total foreign money in Swiss banks, the UK accounted for the largest share of little over 20%.
Indian money in Swiss banks rise for 1st time in 5 yearsSwitzerland said the quantum of money held by Indians in Swiss banks stood at about Rs 12,740 crore at the end of 2011.
- Euro hits record low vs Swiss franc
The euro briefly fell to a record low versus the Swiss franc on Wednesday as traders continued to test the SNB's resolve to keep the franc ...
- Switzerland slashes interest rates on slowdown fears
Switzerland's central bank slashed key interest rates by a full percentage point on Thursday, its biggest ever cut, and warned of tough tim...