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Small Swiss Bank Gambles, and Wins, by Charging for Deposits

Alternative Bank Schweiz posted a jump in 2016 profit, suggesting its gamble to become the first Swiss bank to pass on negative rates to all its customers paid off in an era of negative central bank interest rates......»»

Category: smallbizSource: wsjMar 20th, 2017

The Swiss National Bank Owns $80 Billion In US Stocks - Here"s The Catch

Authored by John Mauldin via MauldinEconomics.com, Switzerland is a small country o.....»»

Category: blogSource: zerohedgeJul 1st, 2017

The Swiss National Bank owns an enormous amount of US stocks — but there"s a catch

Harold Cunningham/Getty ImagesSwitzerland is a small country of just 8 million people, but they make an outsized impact on economics .....»»

Category: topSource: businessinsiderJun 27th, 2017

The Swiss National Bank Owns $80 Billion In US Stocks

Switzerland is a small country of just 8 million people, but they make an outsized impact on economics and finance and money. Because Switzerland is considere.....»»

Category: blogSource: valuewalkJun 23rd, 2017

Paytm gets RBI approval for payments bank

Payments banks can accept deposits from individuals and small businesses up to Rs 1 lakh per account.....»»

Category: topSource: business-standardJan 3rd, 2017

Demonetisation: Jewellers start cancelling gold import orders as I-T scrutiny looms

Small jewellers converting old notes into precious metals have cancelled orders after govt announced it would monitor bank deposits.....»»

Category: topSource: business-standardNov 17th, 2016

Demonetisation: Bullion traders start cancelling gold import orders as I-T scrutiny looms

Small jewellers converting old notes into precious metals have cancelled orders after govt announced it would monitor bank deposits.....»»

Category: topSource: business-standardNov 17th, 2016

Small towns lead in old note deposits to banks

Kolkata-based UCO Bank received Rs 2,500 crore as cash deposits. Of this, Rs 1,300 crore came from rural and semi-urban areas.....»»

Category: topSource: business-standardNov 12th, 2016

Swiss Attorney General Expands Probe of Malaysia"s 1MDB Fund

Switzerland’s Office of the Attorney General has expanded its scrutiny of Malaysian fund 1MDB by opening a criminal probe of a small Swiss lender, Falcon Private Bank......»»

Category: asiaSource: wsjOct 13th, 2016

Secret Swiss Military Bunkers Being Filled With Gold By Billionaires Seeking "Alternatives To Bank Deposits"

For decades, Switzerland had a reputation for bank secrecy that made it the most sought after tax haven for billionaires from around the globe.  But, after more than 80 years of secrecy, a series of bilateral agreements with countries around the worl.....»»

Category: blogSource: zerohedgeSep 30th, 2016

This Michigan Bank Just Brought Back The Zero-Down Mortgage; They"ll Even Cover Your Closing Costs

A small savings bank in Michigan, .....»»

Category: blogSource: zerohedgeNov 17th, 2017

Swiss bank HSBC to pay France $352 million in tax fraud case

French financial prosecutors say the Swiss-based HSBC Private Bank has agreed to pay 300 million euros ($352 million) to France to close a tax fraud case, a first in the country......»»

Category: topSource: foxnewsNov 14th, 2017

Suryoday small finance bank to open 90 branches in the country

Navi Mumbai based Suryoday Small Finance Bank plans to open 90 branches in different parts of the country for providing banking services." Out of 90 branches, we have so far opened 19 . By the next financial year we will be comp.....»»

Category: topSource: business-standardNov 14th, 2017

HSBC pays 300 million euros to settle investigation of Swiss bank

ZURICH (Reuters) - HSBC Holdings has agreed to pay 300 million euros ($353 million) to settle a long-running investigation into tax evasion by French citizens via its private bank in Switzerland, the lender said on Tuesday......»»

Category: topSource: reutersNov 14th, 2017

Goldman Sachs Marks Weinstein Company Stake Down to Zero

The investment bank owns a small stake. Goldman Sachs has written down to zero the value of its stake in the Weinstein Company, the movie studio whose co-chairman Harvey Weinstein stepped dow.....»»

Category: europeSource: fortuneNov 13th, 2017

Lineman got $63 an hour as utility was billed $319

A small energy company from Montana is charging Puerto Rico for repair work to power lines at a rate that industry experts say is far above the norm......»»

Category: topSource: moneycentralNov 13th, 2017

How This Small Retailer Wins the Holidays By Completely Transforming Itself Every Year

Portland, Maine's Sea Bags is recycling old boat sails into all manner of holiday-themed products......»»

Category: topSource: incNov 13th, 2017

The lineman got $63 an hour. The utility was billed $319 an hour.

A small energy company from Montana is charging Puerto Rico for repair work to power lines at a rate that industry experts say is far above the norm......»»

Category: topSource: moneycentralNov 12th, 2017

Banks" loans rise 7% in two weeks to October 27; deposits up 9%

Bank deposits fell Rs 27,280 crore to Rs 108 lakh crore in the two weeks to October 27.....»»

Category: topSource: business-standardNov 10th, 2017

Bank of India Q2 net up 41% at Rs 179 cr, asset quality improves

Net interest margin flat at 2.15%; deposits down 2%.....»»

Category: topSource: business-standardNov 10th, 2017

BofA survey: Business owners more optimistic than a year ago — but the news isn"t all rosy

Small-business owners across the U.S. are more optimistic than they were a year ago, but that confidence has slipped a bit from earlier this year, according to a new Bank of America survey. Bank of America Corp. (NYSE: BAC) conducts its survey of s.....»»

Category: topSource: bizjournalsNov 8th, 2017