Tag: Swiss National Bank

Cash still king in Switzerland despite rising mobile app use
Posted in Europe News

Cash still king in Switzerland despite rising mobile app use

ZURICH: Cash still remains the most commonly used method of payment in Switzerland, the Swiss National Bank said on Thursday, despite increasing use of mobile…

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UBS had earlier tabled an offer of about $1 billion, or 0.25 francs a share for Credit Suisse.(AFP)
Posted in Business

UBS agrees to buy Credit Suisse for more than $2 billion to end crisis: Report

UBS Group AG agreed to buy Credit Suisse Group AG in a historic, government-brokered deal aimed at containing a crisis of confidence that threatened to…

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