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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

Tez to take India closer to digital transformation: Google"s Sundar Pichai

The payment app allows users, free of charge, to make small or big payments straight from their bank accounts.....»»

Category: topSource: business-standard3 hr. 23 min. ago

Swiss Mystery: Someone Keeps Flushing €500 Bank Notes Down The Toilet

While there are several comments one can m.....»»

Category: blogSource: zerohedge21 hr. 38 min. ago

Mutual Fund assets now a fifth of banking system deposits

With savings bank deposit rates falling, MF assets will continue to grow at a healthier pace.....»»

Category: topSource: business-standardSep 17th, 2017

Swiss National Bank Boosts Stake in McCormick & Company, Incorporated (MKC) - The Ledger Gazette

Swiss National Bank Boosts Stake in McCormick & Company, Incorporated (MKC)The Ledger GazetteMcCormic.....»»

Category: topSource: googlenewsSep 17th, 2017

Swiss National Bank keeps rates on hold, vows to intervene in FX market if needed

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news......»»

Category: topSource: marketwatchSep 14th, 2017

JPMorgan Chase extends urban renewal investments to Chicago

(Reuters) - JPMorgan Chase & Co will invest $40 million over three years in Chicago to revitalize neighborhoods, finance small business growth and promote job skills training, the bank said on Thursday......»»

Category: topSource: reutersSep 14th, 2017

6 easy ways to reach new customers

How can you reach new customers without breaking the bank? With newer online marketing channels, small businesses have never had more ac.....»»

Category: topSource: bizjournalsSep 14th, 2017

All 1.55 lakh post offices to offer payments bank service

IPPB offers an interest rate of 4.5% on deposits up to Rs 25,000, 5% on Rs 25,000-50,000 and 5.5% on Rs 50,000-1,00,000.....»»

Category: topSource: business-standardSep 13th, 2017

The Swiss National Bank is trading a lot like a cryptocurrency

Thomson ReutersThe central bank of Switzerland has become a huge hedge fund since it decided in January 2015 to print Swiss francs — for which there is huge global demand — and sell .....»»

Category: topSource: businessinsiderSep 13th, 2017

The Swiss National Bank is acting a lot like a cryptocurrency

Thomson ReutersThe central bank of Switzerland has become a huge hedge fund since it decided in January 2015 to print Swiss francs — for which there is huge global demand — and sell these freshly creat.....»»

Category: topSource: businessinsiderSep 13th, 2017

Wells Fargo names new Maryland region president

Wells Fargo & Co. has named longtime banker Patty Tuttle as its new regional president for Maryland. Tuttle, currently retail and small business credit leader for the bank's Atlantic Region, has been with Wells Fargo for 26 years. She replaces Andr.....»»

Category: topSource: bizjournalsSep 12th, 2017