{
Migros Bank

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}
wiss banks struggle to embrace cryptocurrency amid growing investor interest
Swiss banks have largely missed the cryptocurrency boom, with many institutions hesitant to embrace Bitcoin and other digital assets. While some cantonal banks and Postfinance offer direct purchases, most banks, including UBS and Pictet, remain skeptical, relegating crypto to indirect investments like ETFs. Despite a significant interest among Swiss investors, particularly the younger demographic, many still prefer to buy cryptocurrencies from foreign platforms.
watson.ch/fr
Swiss Franc United States Dollar VZ Vermögenszentrum AG Swissquote Group Holding Ltd Migros Bank Lucerne Cantonal Bank BlackRock, Inc. UBS PostFinance AG CHE Mark Haefele Patrick Toggweiler Show more
Crypto, News Article
06:01 27.11.2024
Migros price cuts spark competition with Aldi and Lidl amid farmer concerns
Migros plans significant price cuts to compete with Aldi and Lidl, aiming to retain customers and reduce their migration to discounters. However, concerns arise regarding the impact on farmers' incomes, as lower prices may pressure suppliers, potentially leading to a negative price spiral in agriculture. Economists express skepticism about the sustainability of Migros' strategy amidst fierce competition.
Tages-Anzeiger
Swiss Franc ALDI AHEAD GmbH Lidl 712 GmbH & Co. KG Migros Bank CHE DEU Proviande Kilian Baumann Markus Ritter Mathias Binswanger Show more
Finance & Economy, News Article
21:30 29.10.2024
ubs sells credit suisse stake in swisscard to american express
UBS has sold its 50% stake in the Swiss credit card joint venture Swisscard to American Express, making Amex the sole owner. This decision follows the emergency merger of Credit Suisse with UBS, as the existing agreement was not extended. UBS stated that the credit card operations did not align with its strategic priorities, although the credit card business remains important to the bank.
muula.ch
United States Dollar UBS SA Swisscard AG Coop Migros Bank American Express Company Credit Suisse Anlagestiftung CHE Sergio Ermotti Show more
TradFi, News Article
16:37 21.10.2024
Migros to close bestsmile locations amid restructuring and market challenges
Migros is set to close its dental care brand bestsmile, including its Lugano location, due to underperformance and a challenging market. The closure will occur in stages, affecting 27 locations and leading to job cuts, with a consultation process for impacted employees. Patients can continue their treatments at remaining bestsmile practices or at zahnarztzentrum.ch locations.
Corriere del Ticino
Migros Bank Medbase Group CHE
Finance & Economy, News Article
09:00 01.10.2024
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