Everon launches Private Banking app

Nov 17, 2021

Swiss fintech Everon has launched a private banking app that provides users with access to professional investment opportunities that were traditionally reserved for institutional investors and high net worth private clients. While the app is in the test phase, users...

SPACs can now be listed and traded in Switzerland

Nov 17, 2021

Special Purpose Acquisition Companies (SPACs) have been around for decades, but have only recently gained the attention of market participants. Due to the growing demand, SIX Swiss Exchange developed a new listing standard for SPACs which can be listed and traded on...

Wall Street banks expand business to China

Nov 17, 2021

In reaction to a trade deal with the Trump administration, China allows American banks to expand their operations with hopes of attracting foreign investors into China and helping Chinese people buy assets overseas. With China having the world’s second largest...

UBS joins Wall Street rivals as its profit surges in the 3rd quarter

Nov 17, 2021

Despite a start of the year marked by the collapse of the Archegos hedge fund, UBS remains strong in its operations in a health crisis context. In the third quarter of the year, the number one Swiss bank reveals a surprising result, notably by cutting costs. The...