Swiss National Bank Explores Integration with European Instant Payment System
SNB initiates study to connect Swiss payment infrastructure with Eurozone's TIPS system, potentially revolutionizing cross-border transactions

Latest banking news and updates from Switzerland. AI-curated articles covering banking topics.

Thousands of Swiss investors face uncertainty as fund trading suspension enters fifth month, highlighting regulatory concerns in CHF1.6 trillion industry.
SNB initiates study to connect Swiss payment infrastructure with Eurozone's TIPS system, potentially revolutionizing cross-border transactions

SNB and ECB launch feasibility study to connect Swiss and European instant payment systems by 2026

Switzerland's largest bank protests proposed seven-year timeline for increased capital backing of foreign subsidiaries

Central bank holds steady on monetary policy despite global economic uncertainties

Swiss banking giant increases advisor payouts to retain top talent amid fierce competition in US market

Swiss banking giant UBS concludes long-running French tax case with substantial settlement, agreeing to pay โฌ835 million to resolve disputes dating from 2004-2012.

Switzerland's largest bank evaluates potential headquarters relocation to US as Swiss Senate debates stricter capital requirements for systemic banks.

Switzerland's largest bank evaluates potential headquarters move to United States as Swiss Senate debates stricter capital requirements for systemic banks.

Swiss National Bank announces plans to publish detailed monetary policy discussions, marking a significant shift in central bank communication.

SNB President Martin Schlegel emphasizes high threshold for reintroducing negative interest rates despite economic pressures

Switzerland's largest bank implements -0.2% charge on pension funds' liquid assets, sparking concerns in retirement sector.

Geopolitical uncertainties drive foreign capital to Swiss banks, pushing managed assets to unprecedented CHF9.28 trillion in 2024.

Swiss financial regulator rejects PostFinance's too-big-to-fail contingency plans, citing insufficient capital reserves and inadequate crisis management strategies.

Traditional over-the-counter services are disappearing from Swiss banks as financial institutions accelerate their transition to digital services, marking a significant shift in Switzerland's banking landscape.

Swiss private bank J. Safra Sarasin receives CHF3.5 million fine for aggravated money laundering in Petrobras corruption case, with additional CHF16 million settlement to Brazilian oil giant.

UBS reaches agreement with US Department of Justice over Credit Suisse mortgage securities case, paying $300 million to resolve outstanding obligations.

Switzerland's central bank posts significant losses due to currency fluctuations, with foreign currency positions particularly impacted by US dollar weakness.

Switzerland's largest bank exceeds market expectations with significant profit increase and successful wealth management growth, marking important milestone in post-merger performance.

HSBC Private Bank Switzerland faces criminal probes by Swiss and French authorities over historic banking relationships, following earlier FINMA restrictions on politically exposed persons.

From trusted Swiss news outlets