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Credit Suisse and UBS are reported to be backing a new start-up hub in Zurich designed to promote the city as a European centre for financial technology.
The two banks have joined other Swiss companies to make an investment of $3.9 million to launch Kickstart, an accelerator which will help develop 30 start-ups from 19 countries in areas including financial technology, according to the Financial Times.
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Putting Switzerland on the Map
Salvatore Iacangelo, head of digital transformation at Credit Suisse, commented: “We want Switzerland to be ... (read more)