The dollar rose against all G-10 currencies except the yen, as the relatively strong U.S. economy and high interest rates kept the carry tr...

Hobbled by a series of scandals and failed restructuring plans under successive management teams, Credit Suisse had experienced massive dep...

Both the euro and Japanese yen jumped in response, with the European Central Bank (ECB) preparing to announce its policy decision later on ...

UBS has repaid billions in emergency loans from the Swiss government, freeing it of taxpayer-backed funding. Among the loans repaid was 9 b...

Ammar Al Khudairy said on March 15 that the biggest Saudi bank by assets could not buy more shares in Credit Suisse on regulatory grounds.

UBS will buy Credit Suisse in a deal to be sealed on Sunday during an exceptional meeting in Bern, bringing together the Swiss government a...

Fuelled initially by soaring oil prices in the wake of Russia's invasion of Ukraine, inflation has broadened out to everything from food to...

Bitcoin, the largest crypto by market value, fell 2.43 per cent in the last 24 hours to $38,607.36. It is down 2.3 per cent in the last sev...

One has to be very careful in allocating their hard earned money in different asset classes.

Last week's decision by the Swiss National Bank to scrap its currency cap with the Euro not only roiled global markets, it's also being fel...

Federer makes more than $56 mn a year both on & off the court from endorsements with companies including Nike, Credit Suisse Group and Role...

Swiss National Bank last week roiled global currency markets by abandoning its 3 yr peg to euro abruptly, leading to wild swings in Swiss f...

According to the latest data published by Switzerland's central bank SNB, Indian money in various Swiss banks rose by 43% during 2013.

The European Central Bank leaves its benchmark interest rate unchanged at 0.75%, holding off on further stimulus for slowing eurozone econo...

Jobs and factory data offered hope that the US economy may be clawing its way out of recession, providing investors with upbeat news.

The Troubled Asset Relief Program was used by the US administration not to buy off the toxic assets but to inject capital in US banks.

Switzerland government stepped in Thursday with a nearly $60 billion bailout for the nation's largest bank.