Basel Based Bank News Today

Foreign bank cards and cash are of little use, leaving visitors with the problem of “have money, can’t spend.” Read more at straitstimes.com.

The war in Israel continues to command headline news this week, as many U.S. lawmakers have now gone public to support the destruction of Gaza and the genocide of the Palestinian people. As I write this today, October 11, 2023, Israel appears to be ready to launch troops to go into Gaza and "wipe Hamas from the face of the earth." U.S. politicians are echoing this same sentiment, even while acknowledging that there is no way to destroy Hamas without also killing millions of innocent ch...

Cycle of interest rate rises look likely to continue after better than forecast economic data

Putins war on Ukraine is among the reasons why British consumers are suffering through a cost of living crisis and surging mortgage bills.

Putins war on Ukraine is among the reasons why British consumers are suffering through a cost of living crisis and surging mortgage bills.

François Villeroy de Galhau, was attacked with a hammer at the end of June in Basel, Swiss media reported on Wednesday.

Europe’s decade-long experiment with negative interest rates, which ended on Thursday with the Swiss National Bank’s return to positive territory, showed one

Europe's decade-long experiment with negative interest rates, which ended on Thursday with the Swiss National Bank's return to positive territory, showed one thing: they can exist beyond the realms of economic science fiction.

By Mark John and Dhara Ranasinghe

Europes decade-long experiment with negative interest rates, which ended on Thursday with the Swiss National Banks return to positive territory, showed one thing: they can exist beyond the realms of economic science fiction.