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Wednesday, October 4, 2023
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Tag: switzerland

Switzerland Hikes Interest Rate to 1.5% Amid Rising Inflation

The SNB’s decision to hike the interest rate to 1.5% has been taken to counter renewed inflationary pressure and the takeover of Credit Suisse by UBS.

The Last-Minute Rescue of Credit Suisse and Its Implications for Switzerland

The last-minute rescue of Credit Suisse has prevented the current banking crisis from exploding, but it's a raw deal for Switzerland.

Swiss Regulators Step in to Reassure Markets Amid Credit Suisse Turmoil

The global financial markets were rattled on Wednesday following fresh fears about the viability of Credit Suisse.

Swiss Fintech Industry Bounces Back in 2022: Insights from IFZ Fintech Study by Lucerne University

The Swiss fintech industry has been growing steadily over the years, but it experienced a decline of around five percent in 2021, with a stagnation in employee levels.

Credit Suisse about to launch its own digital service to “challenge the challengers”

The well-known Swiss bank Credit Suisse is launching a new digital banking service. This new offering aims to compete with challenger banks like Revolut.

Alpian is REYL’s digital neobank from Switzerland and it raised $12.5M

Alpian, a Swiss neobank launched by REYL, announced that it has secured CHF 12.2 million (around $12.5) in a Series A funding round.
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