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Italy’s banking landscape is heading for another major round of consolidation. Monte dei Paschi di Siena wants to acquire both Banco BPM and Banca Generali. The two offers have a combined value of around 34 billion euro – and also form part of a defensive battle against Intesa Sanpaolo.
Will AI become a job killer or a career accelerator? How attractive will Switzerland remain as a financial center, and which risks are causing the greatest concern among those working in the industry? finews wants to hear your views. Take part in our major industry survey and tell us how you see the future of the Swiss financial center. Join our major online survey – it’s worth taking part. Among…
ETF savings plans are becoming increasingly important among Swiss investors. The volume processed via BX Swiss rose by almost 45 percent in the first seven months of the year. An analysis also reveals some interesting trends.
The «Princely Bank» recorded strong net new money growth in the first half of 2026 and increased its profit by double digits. Assets under management exceeded 400 billion francs for the first time. At the same time, the Liechtenstein-based bank improved its cost efficiency.
The Geneva-based private bank earned significantly more in the first half of 2026. At the same time, both total client assets and assets under management reached record levels, supported by net new money inflows and investment performance.
Geneva-based S.P. Hinduja Banque Privée is entering a new chapter under the name ARYA Banque Privée. The overhaul comes with a new minority shareholder, a revamped executive team and a strategy aimed at positioning the bank for growth.
Swiss payment services provider Viseca reported a 6.2 percent decline in profit for the first half of the year. At the same time, both the number of cards in circulation and transactions increased.
An early investment in SpaceX has turned into an exceptional success for the Scottish Mortgage Investment Trust. But following the aerospace company’s IPO, Baillie Gifford faces a new challenge.
EFG International is selling Harris Allday to Canaccord Wealth, transferring a business with around £3.1 billion in assets under management. The transaction will boost both the Swiss private bank’s earnings and its CET1 capital ratio.
Liechtensteinische Landesbank (LLB) increased its profit by double digits in the first half of 2026. Business volume exceeded 130 billion francs for the first time, while costs fell significantly.
The major auction houses sold cars worth almost 750 million dollar during California’s Monterey Car Week. The new record was driven by a relatively small number of exceptionally expensive deals.
Banks and other financial services firms are pushing ahead with the adoption of artificial intelligence. A new study by cybersecurity provider Fastly shows that companies with a pronounced «AI-first» strategy take significantly longer to return to normal operations following cyberattacks.