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Swiss financial regulatory authority FINMA appoints Mark Branson as CEO, whilst Yann Wermeill steps down from Executive Board to be superseded by two newcomers

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Raaflaub oversaw the requirement of Swiss Forex brokers to receive a bank license, reshaping the industry.

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  • Laurent Bellières says #
    Correction about minimum capit...
    To the best of my knowledge the following quote contains mistakes: "One of the first changes enacted by FINMA under Raaflaub was
  • Gerald Segal says #
    RE:Correction about minimum ca...
    Thanks for the clarification Laurent. As you pointed out, and as we wrote in the article, in practice FINMA requires more than the
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  • Stephen Leahy says #
    Numbers Seem Off
    25 USD yards per month for the quarter = 75 USD yards of client flow. Revenues of 32 USD mio from 75 yards = $427 USD per mio. I
  • Gerald Segal says #
    RE:Numbers Seem Off
    Thanks for your comment Stephen. The CHF 29.2 million revenues (about $32M) Swissquote reported for the quarter were for the whole
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SNB Chairman Philipp Hildebrand's wife traded before SNB capped the CHF.

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