Tag: Julius Baer
Julius Baer wants to become a billion dollar bank
Philip Rickenbacher The CEO of the second largest Swiss bank trims his institute for growth. (Photo: Reuters) Frankfurt The exit from Credit Suisse has made Julius Baer the second largest…
Swiss equities are considered a safe haven
Nestlé The food company is one of the quality stocks on the Swiss stock exchange. (Photo: dpa) Frankfurt. After the takeover of Credit Suisse by UBS, Zurich’s reputation as a…
Swiss equities are considered a safe haven
Nestlé The food company is one of the quality stocks on the Swiss stock exchange. (Photo: dpa) Frankfurt. After the takeover of Credit Suisse by UBS, Zurich’s reputation as a…
Gold climbs towards record price above $2000
gold bar The price of the precious metal has risen by more than ten percent since the beginning of the year. (Photo: dpa) Dusseldorf The price of gold has crossed…
Credit Suisse shares fall to record low after SVB bankruptcy
Credit Suisse logo in Geneva The market panic in bank stocks hit the big Swiss bank with full force. (Photo: Reuters) Zurich The bankruptcy of the Silicon Valley Bank (SVB)…
Credit Suisse posts its highest loss since the financial crisis
Zurich, Frankfurt Credit Suisse boss Ulrich Körner is combative: “Our employees in asset management are completely convinced that they can retrieve all lost customer funds.” The bank has started a…
Credit Suisse posts its highest loss since the financial crisis
CreditSuisse The Swiss bank has made a significant loss because of its corporate restructuring. (Photo: Reuters) Zurich, Frankfurt In 2022, the major Swiss bank Credit Suisse, which was plagued by…
20 strategists reveal what they expect for the Dax
Investment 2023: Dax forecasts Many experts expect the stock markets to go down again in the new year before prices rise again. What’s next for the Dax? (Photo: IMAGO) Frankfurt…
Strategists do not expect a new Dax record
Mooring 2023 Many experts expect the stock markets to go down again in the new year before prices rise again. (Photo: IMAGO) Frankfurt Jerome Powell and Christine Lagarde have taken…
Strategists do not expect a new Dax record
Mooring 2023 Many experts expect the stock markets to go down again in the new year before prices rise again. (Photo: IMAGO) Frankfurt Jerome Powell and Christine Lagarde have taken…
Share under more pressure due to price decline and short bets
Zurich The negative trend at Credit Suisse does not seem to be stopping. Shares in the major Swiss bank hit a new record low for the third straight trading day…
Europe’s banks are defying recession fears – but there are also losers
Frankfurt, Paris, Rome, Zurich Despite all the fears of recession and inflation in Europe, Europe’s banks made surprisingly good earnings in the first half of the year. Several institutes have…
CEO Gottstein is apparently on the verge of extinction
Zurich According to a media report, Thomas Gottstein’s days at the helm of Credit Suisse are numbered. The resignation of the head of the second largest Swiss bank, who has…
Commentary: Banks – hiring freezes and austerity programs. The rest of the year will be tough
Julius Baer headquarters in Zurich The Swiss bank has just announced a hiring freeze. Similar cuts could also threaten other financial institutions. (Photo: Reuters) When many economic crisis symptoms reinforce…
Credit Suisse, Citi & Co. are courting Germany’s multi-millionaires
Own pool Banks are fighting for the rich: the institutes have to prepare for tough competition. (Photo: Getty Images/Caiaimage) Zurich, Frankfurt Robert Cielen has big plans: the head of asset…
High debt becomes a risk for Dax companies
Siemens Healthineers, Bayer, Fresenius The companies are among the Dax companies with the highest net debt in relation to profit. (Photo: Reuters, AP, Fresenius) Dusseldorf The war in Ukraine is…
The value of the euro falls below one franc
Zurich The soaring Swiss franc alarmed the domestic central bank. On Monday, the Swiss National Bank (SNB) emphasized its willingness to weaken the strengthened Swiss currency with foreign currency purchases.…
Switzerland evades sanctions against Russian oligarchs
Demonstration in Berne The country’s hesitant attitude towards Russia is also controversial within Switzerland. (Photo: dpa) Zurich Switzerland could now decide on sanctions against Russia. This was indicated by Federal…
Global stocks, private equity and real estate: high net worth investors are regrouping
Luxury property on the water Wealthy investors are gradually restructuring their portfolios. (Photo: Unsplash) Zurich, Frankfurt Not only the leading central bankers are keeping an eye on the significantly stronger…
Global stocks, private equity and real estate: high net worth investors are regrouping
Luxury property on the water Wealthy investors are gradually restructuring their portfolios. (Photo: Unsplash) Zurich, Frankfurt Not only the leading central bankers are keeping an eye on the significantly stronger…