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Swiss franc weakens as markets react to US tariffs and economic uncertainty

Turbulence in US markets, driven by President Trump's tariffs on China, Canada, and Mexico, has not strengthened the Swiss franc, which has lost value against the euro. Investment experts suggest Swiss equities remain a safe haven, while gold prices rise amid global economic uncertainty. The Swiss National Bank may intervene to weaken the franc further, risking accusations of currency manipulation.

Basellandschaftliche Kantonalbank joins Asset Management Association Switzerland expanding membership

Basellandschaftliche Kantonalbank (BLKB) has joined the Asset Management Association Switzerland (AMAS), increasing the number of cantonal bank members to nine. This move highlights the growing importance of asset management for Swiss banks, with BLKB expanding its income through collective capital investments and institutional mandates. The bank, founded in 1864, aims to influence the regulatory framework while enhancing its presence in the asset management sector.
10:16 02.12.2024

Basellandschaftliche Kantonalbank joins Asset Management Association Switzerland as new member

Basellandschaftliche Kantonalbank (BLKB) has joined the Asset Management Association Switzerland (AMAS), increasing the number of cantonal banks in the organization to nine. BLKB, which has diversified its income through collective capital investments and institutional mandates, offers 14 investment products and aims to influence the regulatory framework in asset management. Founded in 1864, BLKB employs around 1,000 people and operates 24 branches.
09:19 02.12.2024
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