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chiasso's banking legacy fades as new opportunities emerge in the future
Chiasso's financial landscape has dramatically changed over the past three decades, with a decline from nearly 20 banks to just eight, and tax revenues plummeting from 15 million francs to 2.5 million. However, the arrival of Cornèr Bank and fintech companies signals a potential revival, leveraging the town's strategic border location and growing residential appeal. Mayor Bruno Arrigoni remains optimistic about Chiasso's future, especially with plans for municipal aggregation that could boost its population beyond 20,000.
Chiasso proposes former Credit Suisse building as new courthouse location
A petition has been launched in Chiasso proposing the former Credit Suisse headquarters as a new courthouse for Ticino, with city officials expressing support for the initiative. Mayor Bruno Arrigoni emphasized the importance of finding a function for the building to avoid it remaining empty, highlighting its strategic location and potential role in the cantonal justice system. The State Council will now consider this proposal among other alternatives for the future of justice in the region.
credit suisse branches in locarno and chiasso close as integration with ubs begins
The integration of Credit Suisse into UBS continues with the closure of branches in Locarno and Chiasso, where employees have been relocated and properties are now for sale. The Chiasso location is being considered for cantonal justice, while UBS aims to enhance services for both private and business clients. Full integration is expected by 2025, with decisions on property retention based on client convenience and logistics.
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