finews.com: Latest Headlines, Breaking News and Top Stories
Oct 16, 2024 — finews.com is Switzerland’s leading news site for all professionals in the financial sector and delivers real-time and constantly-updated news about the Swiss financial industry.
Temenos Faces Bottlenecks in License Pipeline
7 hours ago — Bank software provider Temenos increased revenue and profit in the third quarter, but delayed deals and weak growth in license revenues are weighing on the guidance. In the third quarter of 2024, Temenos achieved revenue of $246,9 million, marking a 4 percent increase compared to the same period ...
Sygnum Opens Office in Lugano and Launches Bitcoin Initiative
7 hours ago — (Image: Sygnum) Coinciding with the Plan B Forum in Lugano on October 25 and 26, 2024, Sygnum also announced the launch of Bitcoin@Sygnum. This is a company-wide initiative to strengthen partnerships in the Bitcoin ecosystem and promote new Bitcoin-related research and the development of Bitcoin-based products and technology integrations.
Max Cotting: «The Next Few Years Will Be Crucial for the Industry»
Oct 16, 2024 — Max Cotting, the consolidation among independent asset managers is in full swing. According to a recent survey, one-third of companies will soon disappear.Why is this happening now? Compared to the number of asset managers ten years ago and the firms currently approved by the Swiss Financial Market Supervisory Authority (Finma), the industry has already halved in …
Swiss Convertible Bond Pioneer Hungry for More
Sep 19, 2024 — 30 Years of Fisch Asset Management: The Swiss pioneer in convertible bonds celebrated its anniversary on Wednesday and sees golden times ahead. At a celebration in Zurich, the company drew a wide arc from U.S. politics to …
Retail Banks Must Keep an Eye on Growth and Profitability
Oct 10, 2024 — Management consultancy McKinsey has released an industry report on the state of retail banking. While the sector has become more resilient following the end of the COVID pandemic and the low-interest-rate era, challenges remain. According to a McKinsey study published on Thursday, the return on ...
Zurich Raises Profit to Record High – Are Analysts Now Satisfied?
Aug 8, 2024 — The Swiss insurance group posted high profits in the first half of the year. However, weather-related costs are evident in the report. «I am very pleased with this result, which reflects the excellent performance of all our business areas.
Exclusive Finews Event in Lugano: The Future is Private
Oct 17, 2024 — In an event, organized by finewsticino.ch and iCapital in Lugano, iCapital’s Marco Bizzozero had the opportunity to illustrate the benefits of investing in private markets, followed by a high-level panel.. By Ugo Lagrotta, reporter finewsticino.ch. Investments in private markets as an asset class have grown significantly over the past few years, reaching a …
Maria Vassalou: «The US is the Ultimate Case of Too-big-to-fail»
Oct 11, 2024 — With the US debt-to-GDP ratio at historic highs, there is widespread concern for its long-term sustainability. Typical debt sustainability perspectives, often developed in the context of emerging markets or smaller developed economies, do not necessarily apply here, Maria Vassalou writes in her article on finews.first.
Fixed-Rate Mortgages Are In High Demand
Oct 10, 2024 — (Graphic: Comparis) «The market expectations for further rate cuts have already had a positive impact on the conditions for fixed-rate mortgages since June and in the following months, causing them to drop,» says Comparis financial expert Dirk Renkert.As a result, despite another rate cut by the Swiss National Bank (SNB), the conditions for fixed-rate mortgages are still more favorable than ...