Tag: Switzerland
UBS leadership dampens spin-off hopes
Colm Kelleher at the General Assembly in Basel UBS can continue to benefit from her heritage and expertise, said the UBS Chairman. (Photo: Reuters) Basel After the emergency takeover of…
Strategy remains unaffected by Credit Suisse purchase
Colm Kelleher at the General Assembly in Basel UBS can continue to benefit from her heritage and expertise, said the UBS Chairman. (Photo: Reuters) Basel Despite the emergency takeover of…
Commerzbank wants a new strategy by the end of 2023
Helmut Gottschalk The new chairman of the supervisory board of Commerzbank was initially underestimated by many. (Photo: dpa) Frankfurt Commerzbank is working on a new strategy and intends to present…
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)…
Sergio Ermotti becomes CEO of UBS again
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)…
Sergio Ermotti becomes CEO of UBS again
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)…
How the Ukraine war and the banking crisis are shaking Switzerland’s business model
Swiss National Bank Switzerland is actually known for low taxes, stability and diplomacy. (Photo: imago images/Andreas Haas) Zurich, Frankfurt, Geneva Marcel Rohner has his own take on the state-mandated takeover…
Switzerland has “created a monster” with the new UBS
Thomas Gustav Borer The former diplomat believes the Swiss system is not designed for crises. (Photo: wikipedia) Zurich Mr. Borer, you worked for Credit Suisse in the 1980s, but in…
How UBS rose from bankruptcy candidate to number one in Switzerland
UBS and Credit Suisse logo With the takeover of Credit Suisse, UBS gained gigantic market power. (Photo: Reuters) Zurich, Frankfurt Colm Kelleher knew that he had written Swiss economic history…
How UBS rose from bankruptcy candidate to number one in Switzerland
UBS and Credit Suisse logo With the takeover of Credit Suisse, UBS gained gigantic market power. (Photo: Reuters) Zurich, Frankfurt Colm Kelleher knew that he had written Swiss economic history…
Swiss central bank increases key interest rate by 0.5 percentage points
Zurich The Swiss National Bank (SNB) is raising interest rates again due to renewed inflationary pressure and despite the recent turbulence in the banking sector. The SNB key interest rate…
Cryptocurrency Craze in Switzerland! – Bitcoin System
US banks Signature Bank, Silvergate and Silicon Valley Bankone after another collapse, cryptocurrency pushed their platforms into a new quest. CNBCCryptocurrency companies looking to establish new connections have turned to…
Trust is a question of equity
Financial crisis is a big word – and one should be careful not to label the shocks that the markets are currently experiencing as such. Hardly any crisis had more…
Trust is a question of equity
Financial crisis is a big word – and one should be careful not to label the shocks that the markets are currently experiencing as such. Hardly any crisis had more…
Credit Suisse rescue fails to calm banking market
Dusseldorf The emergency sale of the major Swiss bank Credit Suisse to its competitor UBS did not calm the markets on Monday. Deutsche Bank shares lost 8.5 percent at the…
Under pressure from supervisors, UBS is negotiating with the crisis bank Credit Suisse
UBS The Swiss bank could take over all or part of the ailing Credit Suisse. (Photo: Bloomberg) Zurich, Frankfurt, Denver The ailing major Swiss bank Credit Suisse is facing a…
Start-ups want to make Switzerland the hotspot of the trend
Medical data platform from Biolytica The company is one of the Swiss start-ups that want to benefit from the trend towards prevention and longevity, (Photo: Biolytica) Zurich Rob Maciejewski’s clients…
Under pressure from supervisors, UBS is negotiating with the crisis bank Credit Suisse
Zurich/Frankfurt The ailing major Swiss bank Credit Suisse is facing a showdown. According to information from financial circles, the Swiss government, the financial supervisory authority and the country’s central bank…
Under pressure from supervisors, UBS is negotiating with the crisis bank Credit Suisse
Zurich/Frankfurt The ailing major Swiss bank Credit Suisse is facing a showdown. According to information from financial circles, the Swiss government, the financial supervisory authority and the country’s central bank…
Several banks are restricting business with Credit Suisse – but are buying the bank’s bonds
New York,London Business with other financial institutions is also becoming increasingly difficult for the crisis-ridden Credit Suisse. At least four major houses, including Deutsche Bank and Societe Generale, have restricted…