Greek prime minister Alexis Tsipras is asking parliament to approve the €85bn bailout deal  Photograph: Reuters

Greek Prime Minister Alexis Tsipras’s Syriza party looked set to split after the leader of its far-left faction called for a new movement to fight a b(...)

A clerk counts Chinese 100 yuan banknotes at a branch of China Construction Bank in Hai’an, Jiangsu province

The yuan suffered its biggest fall in more than two decades on Tuesday, hitting a three-year low after the Chinese central bank surprised markets by (...)

Despite the relative calm, the cost of hedging against sharp swings in the euro against the dollar over the next week, which covers the period of Greece’s referendum, jumped to its highest in over five years

The euro proved broadly resilient on Monday to Greece’s moving one step closer to an exit from the single currency, helped by intervention by the Swis(...)

A protester at an anti European Union (EU) demonstration outside the Greek parliament at Syntagma square in Athens. Photograph: Simon Dawson/Bloomberg

European markets are braced for a wave of contagion from Greece on Monday, with heavy losses for southern European government bonds and regional stock(...)

The national gradh – or weakness – for politics cannot be denied. There we were, hundreds of us, pressed into doorways, tucked away behind corners, hu(...)

Brady Dougan is set to be succeeded as  chief executive of Credit Suisse by  Tidjane Thiam. Photograph: Jerome Favre/Bloomberg

Credit Suisse’s first-quarter net profit rose 23 per cent, exceeding analysts’ expectations, after market volatility boosted securities trading and on(...)

In 2007, HSBC, the Swiss private bank had 30,412 accounts. At the end of 2014 it had reduced that number to 10,343.
HSBC statement in full

HSBC’s Swiss Private Bank Progress update - January 2015 HSBC Global Private Banking (GPB) and in particular its Swiss private bank have undergone (...)

Greek newly appointed finance minister Yanis Varoufakis  during a press conference after a meeting at the French Ministry of Economy and Finance of Becy in Paris, France on Sunday. Ahead of Monday’s announcement, there had  been speculation that the new government would bring in new management at some of the banks. (Photograph: ETIENNE LAURENT/EPA)

Greece’s new left-wing government will not take any actions that would hurt the share values of the country’s banks and does not plan to appoint party(...)

Danske, Denmark’s biggest bank, says it’s been inundated by calls from offshore investors and several hedge funds seeking advice on how to profit from the latest developments in currency markets.

Denmark is trying to silence currency speculators as the government and central bank insist the Nordic country won’t follow Switzerland in severing i(...)

Swiss finance minister Eveline Widmer-Schlumpf: said she expected the Swiss franc’s exchange rate to settle down at about 1.10 per euro. Photograph: Thomas Hodel/Reuters

Swiss officials sought to reassure the country yesterday that a shock decision by the central bank to scrap its cap on the franc would not destabil(...)