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SWISS BRANCH
Indian money in Swiss banks dips to CHF 3.25 bn; customer deposits upIndian funds in Swiss banks saw a decrease in 2025, reaching 3.25 billion Swiss francs. However, customer deposits experienced a significan...
Global Markets: European shares edge higher with banks in the lead; the Middle East in focusEuropean markets saw a rise on Tuesday. Banking stocks led the gains, with Italian lenders drawing attention. Tech stocks stabilized after ...
85 Swiss branches of UBS and Credit Suisse to shut, report saysUBS will close 85 branches in Switzerland as part of its consolidation with Credit Suisse, aiming to cut costs and reduce branch duplicatio...
UBS and Credit Suisse: Similar Swiss banks with differing fortunesCredit Suisse is still looking shaky despite taking a $54-billion lifeline thrown by the Swiss central bank. Investors remain nervous about...
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...
Swiss Re receives IRDAI approval to open branch in MumbaiWith the composite branch licence, Swiss Re will be able to operate in India and offer both non-life and life and health reinsurance soluti...
Reinsurer Swiss Re plans to enter IndiaSwiss Re is planning to set up shop in India after the country permitted foreign companies that cover the risk of insurers to open branches...
Insurance Law: Reinsurance companies can now open branches in IndiaEntry of reinsurance companies into the Indian market will bring in knowledge and expertise together with underwriting capacities.
Government to probe new Indian names in HSBC list: Finance Minister Arun JaitleyThe Supreme Court-appointed Special Investigation Team (SIT) today discussed the fresh list and felt that there could be 100 new names in i...
Large-scale account inheritance emerges in black money probeExact number of such accounts could not be ascertained, sources said that there are quite a few such accounts on which India is seeking det...
Information can not be disclosed outside specific proceedings: Swiss governmentThe comments come at a time when a Supreme Court-monitored Special Investigation Team is probing alleged stashing of black money by Indians.
Insurance regulator should not over regulate reinsurance: Swiss ReThe insurance regulator should not over regulate reinsurance, in order to help grow the market, said Robert Burr Asia head for Life and Hea...
- Conditions set by OECD for sharing client info: Swiss banks
Swiss banks have said that any information exchange would be as per the conditions set out by OECD, the grouping of mostly developed nation...
- Data stolen from HSBC in Switzerland: Bank
Data related to less than 10 clients was stolen from HSBC's Swiss branch, the bank said on Wednesday, amid media reports that some names of...
- Govt to allow Credit Suisse to launch banking operations in India
The government is all set to allow Credit Suisse to launch banking operations in India, indicating that the political heat over black money...
- UBS gets banking licence for India
Swiss banking giant UBS AG has received clearance from the Reserve Bank to set up a branch in India, ending its three-year long wait for th...
- Swiss Re to acquire 4% in YES Bank for Rs 120 cr
YES Bank has said that it will raise close to Rs 120 crore by issuing one crore shares on a preferential basis to Zurich-based Swiss Reinsu...