Switzerland

Weaknesses in liquidity risk management and governance by some market participants, were found to be the key causes behind inadequate liquidity preparedness for margin and collateral calls, according to the FSB

The three-day event will take place from 18 to 20 June 2024 and will feature a mix of keynote presentations, panel discussions and networking events

The acquisition was completed on 27 March and will enable SIX to provide a comprehensive and unified data offering to its customers, says the firm

Kessler joined SDX in 2018 and has 14 years of experience in capital markets and digital transformation.

Alexandre Kech will succeed the not-for-profit organisation’s current CEO Stephan Wolf, who has served in his position for a decade

David Brupbacher will replace Christoph Landis as head of IT and member of the SIX group executive board

Basel Committee considers requiring banks falling into scope of the Global Systemically Important Bank (G-SIB) framework to report G-SIB indicators based on average values over the reporting year, rather than by using year-end values

The Bank of International Settlements reports that after-tax profits for largest internationally active banks had grown to a record €279 billion at end of H1 2023, while LCR coverage has improved to 137 per cent for G-SIBs