In the latest edition of Prime Invest in 2023, BKB Investment Chief Sandro Merino addresses several questions from listeners:1. How will the Euro develop against the Swiss Franc in the coming year?2. What impact would a Chinese invasion in Taiwan have on the markets?3. What does an investment chief do all day?4. How important is […]
As the January deadline approaches, a stern warning has been issued to crypto investors in the UK. The warning pertains to the penalties associated with the late submission of tax returns. The UK government has made it clear that any delay in the submission of the assessment can lead to a fixed penalty.This penalty is […]
BlockGuard, a leading Web3 platform, has entered into a strategic DeFi partnership with Pixelette Technologies, a prominent London-based blockchain and IT firm. This equity partnership is a significant milestone for BlockGuard, as it also welcomes Asif Ashiq Rana, Pixelette’s CEO, as an advisor. Rana, a key figure advising the British government on blockchain and AI […]
In the wake of large pre-bankruptcy withdrawals, Celsius, a cryptocurrency company, is grappling with the challenges of regulatory compliance and financial stability. The company is actively pursuing a post-bankruptcy Bitcoin mining strategy, highlighting the complex and evolving nature of the crypto landscape where legal scrutiny and financial restructuring intersect.Meanwhile, Web3 platform BlockGuard has entered into […]
Asset management firm Icosa has commenced operations, with a primary focus on investments in catastrophe bonds. Icosa, based in the canton of Schwyz, has recently launched. In its initial phase, the financial company has established a UCITS strategy in partnership with MRB Fund Partners, providing access to investments in catastrophe bonds. These ‘Cat Bonds’ allow […]
The situation in Inner Switzerland is teetering on the edge of a financial disaster of unprecedented scale. Major shareholder Spuhler appears unwilling to inject fresh capital, exacerbating the crisis.In Lucerne, the situation is coming to a head just before the carnival season. According to an insider, a deferral of bankruptcy or even worse is no […]
In a last-minute decision, the Swiss government and authorities opted to sell the crisis-stricken Credit Suisse (CS) rather than rehabilitate it. UBS President, Colm Kelleher, announced the sale of CS to its larger Swiss competitor on the memorable evening of March 19, 2023, stating that there were no longer any alternatives.However, just hours before, alternatives […]
The Basler Kantonalbank (BKB) has issued a new bond for the canton of Basel-Stadt. The unique aspect of this bond is that it can be purchased with digital central bank money, as announced by the canton on Wednesday.However, this can only be done through banks, as the bond is part of the pilot project “Helvetia […]
In a series of recent executive appointments, Claudia Cordioli has been named the new CFO of Zurich Insurance, taking over from George Quinn who is stepping down after a decade in the role. Cordioli’s appointment will take effect in March 2024.Meanwhile, Deutsche Bank has announced Mario Schlösser as the new Head Corporate Coverage Switzerland, effective […]
BitPay, the world’s foremost Bitcoin and cryptocurrency payment service, has announced an improved payment experience for its crypto customers. The new features are set to be launched this week. BitPay will now support a range of new cryptocurrencies, including Uniswap (UNI), Binance Coin (BNB), Chainlink (LINK), Cronos (CRO), VERSE (VERSE), and Basic Attention Token (BAT), […]
