Archiv

ENGLISH NEWS | Freitag, 22. November 2024 15:33

Martin Schlegel: «Building up Equity Capital Has Priority over Profit Distribution»

At a conference in Zurich, the new SNB Chairman once again emphasized price stability as the central goal of monetary policy. As a small, open economy with a safe-haven currency, Switzerland faces particular challenges in this regard.

ENGLISH NEWS | Freitag, 22. November 2024 13:47

UBS' New Architectural Jewel

The Swiss banking giant has transformed and expanded its Monaco headquarters with the help of renowned architect Jean Nouvel. With this new building, UBS aims to set new standards not only in architecture but also in wealth management.

ENGLISH NEWS | Freitag, 22. November 2024 12:34

Dispute Over Sentencing for Bill Hwang Continues

Lawyers for convicted hedge fund founder Bill Hwang are seeking a reduction of his 18-year prison sentence, citing his age and health condition as mitigating factors.

ENGLISH NEWS | Freitag, 22. November 2024 10:33

Finma Offends the Bankers Association

With the circular on the conduct obligations of financial service providers, Finma wants to create clarity. If the Swiss Bankers Association had had its way, these new guidelines would never have been issued.

ENGLISH NEWS | Freitag, 22. November 2024 05:00

Pictet Opens New Asia Desk

Swiss private bank Pictet plans to open an Asia Desk in Zurich to serve clients from North and Southeast Asia. The new team of highly experienced professionals will commence in early 2025, as finews.com can report exclusively.

ENGLISH NEWS | Donnerstag, 21. November 2024 18:34

A Reason to Celebrate: 25 Years of the Swiss Repo Market

A success story for the financial center and the Swiss National Bank: Petra Tschudin and Thomas Moser emphasize the liquidity, security and efficiency of the Swiss franc repo market. They also offer a glimpse into a future where distributed ledger technology...

ENGLISH NEWS | Donnerstag, 21. November 2024 13:39

Small Retail Banks Are Making a Big Impression

The financial condition of Swiss retail banks is encouraging, according to a study by the Lucerne University of Applied Sciences and Arts. This improvement is attributed not only to the rise in interest rates.

ENGLISH NEWS | Donnerstag, 21. November 2024 12:41

Maximum Interest Rate for Consumer Loans Will Be Reduced

Starting in early 2025, lower maximum interest rates for cash loans and overdraft credits will apply. The adjustment is being made due to the lower interest rate levels.

ENGLISH NEWS | Donnerstag, 21. November 2024 12:00

Swiss National Becomes Chief Financial Officer at Euroclear

The Brussels-based clearinghouse Euroclear has completed its executive team following a reorganization. The new Chief Financial Officer (CFO) is a Swiss lawyer who joins from McKinsey in London.

ENGLISH NEWS | Donnerstag, 21. November 2024 11:25

German SME Financial Advisor Opens Zurich Office

The management consultant Saxenhammer is now also present in Switzerland. The move comes against a backdrop of high expansion and transformation pressure on SMEs and the replacement of traditional financing with bank loans.

ENGLISH NEWS | Donnerstag, 21. November 2024 10:53

Pirelli Calendar 2025 Showcasts the Human Body Trough a New Lens

«The Cal», as the 61-year-old Pirelli Calendar is now called, has been created for 2025 by U.S. photographer Ethan James Green, who also photographed himself completely naked. The latest edition highlights contemporary «Diversity» while featuring slightly more...

ENGLISH NEWS | Donnerstag, 21. November 2024 10:17

Silex Group Divests its Fixed Income Business

Axiom AI is taking over the bond funds previously managed by Silex Investment Managers. The French asset manager intends to make Switzerland its second business center.

ENGLISH NEWS | Donnerstag, 21. November 2024 09:09

Zurich Raises the Bar on Returns

Zurich Insurance Group has announced its goals for the 2025–2027 period during its Investor Day, despite the current strategy period not ending until 2025. These goals are ambitious and aim to deliver profitable growth that will benefit shareholders.

ENGLISH NEWS | Donnerstag, 21. November 2024 08:03

New Julius Baer CEO Wants to Know it Early

Together with the 10-month figures, Julius Baer has now also confirmed the date from which the designated new CEO will take over the reins.

ENGLISH NEWS | Donnerstag, 21. November 2024 07:28

Julius Baer: Singapore and India Highlighted for Inflows

Zurich-based Julius Baer recorded net inflows for the first 10 months of 2024 with Singapore and India named as key sources in Asia.