March 15, 2025

Swiss National Bank

Finance

Swiss authorities draw flak in Credit Suisse probe, report says

ZURICH (Reuters) – Preliminary findings in an eagerly awaited parliamentary report into the 2023 collapse of Credit Suisse have identified serious failings by Swiss regulatory authorities leading up the bank’s demise, a Swiss newspaper reported on Sunday. Citing sources inside the parliamentary committee drawing up the so-called PUK report, SonntagsZeitung said financial market regulator FINMA,

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Crypto

Wells Notices, Crypto Payments and Usability

Crypto goes up, and crypto goes down. Then, often, crypto goes back up. It can be a dizzying and volatile cycle. Just collapsed cryptocurrency exchange FTX’s customers, who, having once feared they’d lost their collective billions, can now take solace from the news Tuesday (May 7) that FTX’s bankruptcy team is ready to repay them

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