Tagged: swiss financial market supervisory authority

Credit Suisse Borrows $54 Billion from Swiss National Bank Days After Revealing Material Weakness

Credit Suisse (NYSE:CS) has taken “decisive action” to buttress its balance sheet by tapping into a CHF 50 billion ($54 billion) loan from the Swiss National Bank. (SNB) In recent days, shares of Credit Suisse had been hammered by speculation that the bank was in… Read More

CoinShares Makes Additional Investment in FlowBank to Improve its Integrated Strategy

CoinShares, one of Europe’s largest and “longest standing” digital asset investment firms, announced that following obtaining approval from the Swiss Financial Market Supervisory Authority, it has “acquired an additional 20.8% stake in Swiss-based FlowBank.” This acquisition was “priced at CHF 24,740,000.” Following the company’s October… Read More

Fintech Firm Crypto Finance AG’s Crypto Broker AG Awarded License by FINMA to Act as Securities House with Bilateral Trading Activity

Crypto Broker AG, which is the Crypto Finance Group‘s brokerage, has reportedly been issued a license to serve as a securities house along with a bilateral trading facility by the Swiss Financial Market Supervisory Authority (FINMA). After this license has gone into effect or become… Read More

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