Bastian Benrath

(Bloomberg) -- Swiss lawmakers published an open letter criticizing the Swiss National Bank for having excluded activists from its annual shareholder meeting.

The technological innovation of the past years puts a question mark over central banks’ future and officials must “speed up” adaptation including digital currencies, according to Bundesbank President Joachim Nagel.

Die technologischen Innovationen der letzten Jahre stellen die Zukunft der Zentralbanken in Frage und die Verantwortlichen müssen die Anpassung, auch an digitale Währungen, “beschleunigen”, so Bundesbankpräsident Joachim Nagel.

Dangers to financial stability posed by the development of artificial intelligence tools are already starting to become a worry, two central bank chiefs told a conference on Tuesday.

(Bloomberg) -- The new chief executive of the Swiss banking watchdog Finma said UBS Group AG should provide 100% capital backing to its foreign units, a move that aligns with the government's plans to significantly increase the bank's capital requirements.

The Swiss government wants to be able to sidestep the country’s rigid neutrality to allow more arms exports but will keep stopping weapon shipments to Ukraine.

The Swiss government wants to be able to sidestep the country's rigid neutrality to allow more weapons exports but will maintain a ban on shipments to Ukraine.

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Swiss economic growth unexpectedly slowed at the start of the year as weak international demand weighed on exporters, according to a first government estimate.