Tag: Risk management
Julia Wiens becomes Bafin’s new insurance supervisor
Julia Wiens The qualified mathematician began her career in 1994 at the life insurer Securitas Gilde. (Photo: Baloise) Frankfurt Baloise board member Julia Wiens will be the top insurance supervisor…
So wollen Banken ein Abfrage-Chaos für Firmen verhindern
Blick auf das Bankenviertel in Frankfurt Nachhaltigkeitsaspekte beeinflussen mittlerweile die Kreditpolitik vieler Banken. (Foto: IMAGO/greatif) Frankfurt Banken müssen in ihrem Kreditgeschäft immer stärker auf Klima- und andere Nachhaltigkeitsrisiken achten und benötigen…
UBS erzielt 29 Milliarden Dollar Gewinn
UBS Die übernommenen Kunden der Credit Suisse ziehen bei der UBS weiter ihr Geld ab. (Foto: Reuters) Zürich Die UBS übernimmt ihren einstigen Rivalen Credit Suisse vollständig. Forderungen der Schweizer Politik,…
Integration der Credit Suisse Schweiz könnte Kundenflucht auslösen
Zürich Das Geschäft der Credit Suisse im Heimatmarkt galt traditionell als stabiler Ertragsbringer – auch dann noch, als Milliardenverluste in anderen Sparten die Bank in Schieflage brachten. Doch die kombinierten…
UBS zahlt Milliardenstrafe in den USA
Schriftzug der UBS Es wurden nach Ausgaben der Schweizer Großbank ausreichend Rückstellungen für den vorliegenden Fall gebildet. (Foto: Reuters) Washington Die Schweizer Großbank UBS und einige ihrer US-Partner haben sich mit…
UBS verzichtet auf Verlustgarantie bei der Übernahme der Credit Suisse
Logo von UBS und Credit Suisse Zürich Die staatlich orchestrierte Notrettung der Credit Suisse durch die UBS kostet die Schweizer Bundesregierung kein zusätzliches Geld. Die UBS verzichtet freiwillig auf staatliche…
UBS ticks off Archegos scandal for Credit Suisse
UBS subsidiary Credit Suisse The scandal surrounding Archegos and his manager Bill Hwang caused Credit Suisse a loss of five billion US dollars in mid-March 2021. (Photo: Reuters) Zurich UBS…
Deutsche Bank discusses dual role of US board with ECB
Stephen Simon The manager will also lead the business in the USA in the future. (Photo: imago/Sven Simon) Frankfurt The recent restructuring of the management board at Deutsche Bank raises…
UBS heralds the end of Credit Suisse
CreditSuisse The takeover should be completed in the next few days. (Photo: IMAGO/Future Image) Zurich The major Swiss bank UBS wants to complete the integration of Credit Suisse within seven…
Ex-UBS President Weber warns of risks in banking with wealthy customers
Axel Weber The long-standing president of the major bank UBS warns against underestimating the risks involved in doing business with wealthy customers. (Photo: Bloomberg) Zurich The longtime president of the…
Companies see these problems as the greatest threat to their business
dax Germany’s most important listed companies see geopolitical developments, inflation and cyber incidents as risks to their business (Photo: Reuters) Dusseldorf Germany’s most important listed companies see geopolitical developments, inflation…
European Court of Auditors sees shortcomings in ECB banking supervision
The European central bank The Court of Auditors complains that the ECB has set low standards for banks with high risks. (Photo: IMAGO/Political Moments) Frankfurt The European Court of Auditors…
Ermotti brings five new managers to the board
UBS and Credit Suisse buildings in Zurich Zurich UBS boss Sergio Ermotti forms his management team for the time after the takeover of Credit Suisse. To this end, he has…
Ermotti brings five new managers to the board
UBS and Credit Suisse buildings in Zurich Zurich UBS boss Sergio Ermotti forms his management team for the time after the takeover of Credit Suisse. To this end, he has…
After the takeover, UBS and Credit Suisse will initially remain separate institutions
UBS and Credit Suisse buildings in Zurich Zurich After taking over its former rival Credit Suisse, the major Swiss bank UBS initially wants to operate the business of both institutes…
A spin-off of the Swiss business would be the best solution
UBS and Credit Suisse in Zurich All those involved should benefit from a spin-off of CS Switzerland. (Photo: Reuters) Many Credit Suisse customers have received mail these days. Or they…
UBS beckons the biggest profit in the company’s history
UBS Chairman Colm Kelleher and CEO Sergio Ermotti UBS paid $3 billion for Credit Suisse, which reported around $43 billion in equity. (Photo: Reuters) Zurich “Brilliantly negotiated”, “bargain”, “deal of…
UBS beckons the biggest profit in the company’s history
UBS Chairman Colm Kelleher and CEO Sergio Ermotti UBS paid $3 billion for Credit Suisse, which reported around $43 billion in equity. (Photo: Reuters) Zurich “Brilliantly negotiated”, “bargain”, “deal of…
Sergio Ermotti replaces Ralph Hamers at the helm of UBS
Former and future UBS CEO UBS Sergio Ermotti Ermotti retired as UBS CEO in 2020 and is currently Chairman of the Board of Directors of reinsurer Swiss Re. (Photo: Bloomberg)…
Commerzbank lists “tactical nuclear attack” as a risk in the annual report
Commerzbank The bank has included a new risk in its annual report. (Photo: imago images/Ralph Peters) Frankfurt “To […] existential threats counts for Commerzbank due to its business model, for…