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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

Private Bank & Trust Co Buys Vanguard Small-Cap, Vanguard Mid-Cap, SPDR S&P 500, Sells ...

Related Stocks: VB, VO, SPY, TJX, HCA, CVS, CTL, DGX, SMFG, ES, ZTS, ADBE, AMJ,.....»»

Category: dealsSource: nytJan 19th, 2018

AU Small Finance Bank inks MoU with LIC to offer PMJJBY scheme

Banking finance company AU Small Finance Bank has signed an MoU with LIC to offer Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), a company official said. Under the MoU, LIC will give a life cove........»»

Category: topSource: thehindubusinesslineJan 19th, 2018

Look for growth in small cap and international stocks, says Lindsey Bell

CFRA's investment strategist tells Reuters' Fred Katayama she is also bullish over the prospects for bank stocks......»»

Category: videoSource: reutersJan 17th, 2018

Nestle sells U.S. confectionery business to Ferrero

Swiss food group Nestle has agreed to sell its U.S. confectionery business to Italy's Ferrero for $2.8 billion, marking CEO Mark Schneider's first big sale and a small step on its path towards healthier products. David Doyle reports.....»»

Category: videoSource: reutersJan 17th, 2018

Nestle sells U.S. confectionary business to Ferrero

Swiss food group Nestle has agreed to sell its U.S. confectionery business to Italy's Ferrero for $2.8 billion, marking CEO Mark Schneider's first big sale and a small step on its path towards healthier products. David Doyle reports.....»»

Category: videoSource: reutersJan 17th, 2018

Saudi Arabia deposits $2 bn in Yemen central bank to back local currency

The Saudi and internationally-backed Yemeni government created an alternative Central Bank from the one in Yemen's rebel-held capital of Sanaa.....»»

Category: topSource: business-standardJan 17th, 2018

Nestle sells US candy business to Ferrero amid health push

Swiss food group Nestle agreed to sell its U.S. confectionery business to Italy's Ferrero for $2.8 billion, it said on Tuesday, the first major sale from CEO Mark Schneider and a small step on its path towards healthier products......»»

Category: topSource: moneycentralJan 16th, 2018

Deutsche Bank CEO sees far fewer than 4,000 Brexit-related moves: paper

DUESSELDORF (Reuters) - Deutsche Bank's chief executive expects to move far fewer than 4,000 jobs to Frankfurt following Britain's departure from the European Union, he told Swiss daily Neue Zuercher Zeitung......»»

Category: topSource: reutersJan 13th, 2018

Central Banks: The New Alchemists

The Swiss National Bank profits from a rise in stocks purchased with cash conjured from thin air. How long can this feat continue?.....»»

Category: topSource: barronsJan 11th, 2018

Why Celebrating Your Wins (No Matter How Small) is Good for You and Your Business

Sometimes you are the best person to offer yourself positive feedback......»»

Category: topSource: incJan 10th, 2018

The Swiss Franc And The Euro: What Now?

Authored by Mihai Macovei via The Mises Institute, In January 2015, the Swiss National Bank (SNB) unexpectedly removed the de facto peg of the franc to t.....»»

Category: blogSource: zerohedgeJan 10th, 2018