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IRS Modernization and Funding: Enhancing Customer Service and Taxpayer Experience
U.S. Treasury Secretary Janet Yellen recently announced significant advancements in the Internal Revenue Service's (IRS) efforts to modernize its systems and enhance customer service....
UBS Group CEO Sergio Ermotti Discusses Switzerland’s Banking Rules and Bank Runs
Switzerland's banking sector is poised for potential changes in its rules to prevent bank runs, with discussions focusing on measures that could include limits...
Euro Zone Banks Advised to Account for Property Price Risk in Capital Planning
The European Central Bank's Chief Supervisor, Andrea Enria, has urged euro zone banks to consider the possibility of further declines in property prices when...
Swiss National Bank Launches CBDC Pilot with Major Financial Institutions
The Swiss National Bank (SNB) has announced a pilot project set to commence next month, which will explore the use of central bank digital...
TE Connectivity’s Robust Q4 Performance Fueled by Electric Vehicle Demand
TE Connectivity, a prominent Switzerland-based manufacturer specializing in connectivity and sensor solutions, delivered fourth-quarter results that surpassed Wall Street's expectations for profit. The company's...