60 articles found within the last year.
Displaying results 1 - 20
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Investec hires for Switzerland on increased demand
Investec Bank has hired a new investment practitioner ... Philipp Schmahl is being taken on to develop ... He reports to Oliver Betz, head of Investec ... At Goldman he was an executive director in ... The bank said it is experiencing increased demand...
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Credit Suisse wins biggest private bank inflows
Credit Suisse and EFG International have emerged as ... Credit Suisse saw the largest increase in net ... EFG, backed by the wealthy Latsis family, saw ... Stripping out money acquired through acquisitions, EFG International, ... This year, EFG chairman Jean Pierre Cuoni told...
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Credit Suisse Switzerland CEO leaves
Switzerland's second largest bank announced Ulrich Körner, the ... Brady Dougan, chief executive of Credit Suisse, said: ... Körner joined Credit Suisse in 1998, was made ... It is not yet known where he is ... Meister will take up his responsibilities from September ... Previously Meister was head of business banking for...
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Credit Suisse thinks the very rich can help it surpass UBS
Ten years ago Credit Suisse was the most ... Compared with UBS, Credit Suisse is relatively unscathed ... Credit Suisse is renowned for its One Bank ... It is convinced this appeals to the growing ... A Credit Suisse spokesman said: “We’re seeing attractive ... Credit Suisse’s revenue has surged following the launch...
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UBS names new finance chief amid board reshuffle
The head of UBS’ financial institutions group is ... The appointment is in line with UBS' strategy ... Suter, who expressed his desire to leave the ... UBS said in its Remediation Plan Summary, published ... Rohner, said: "John is a widely respected banker ... Cryan will also join the Swiss bank’s executive...
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UBS bemoans performance as profits fall
UBS' investment banking division has said that it ... Speaking to analysts this morning, UBS chief executive ... However, he also reaffirmed the investment bank's target ... In the second quarter, UBS reported Sfr5.1bn in ... However, analysts were more focused on underlying revenues...
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Comment: A balancing act at UBS wealth division
By splitting the operations of its investment bank, ... On the one hand, it is desperate to ... On the other, it is keen to reassure ... The fact that UBS needed to take action ... Wealth re-tax results in the US in the ... A stream of advisers have quit UBS in ... Those incidents forced UBS into a merger with...
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Pressure grows for big changes at UBS after write-downs, buyback, tax probe
When Marcel Ospel was forced out as chairman ... Now, as UBS prepares to announce its second-quarter ... The pressure is growing to make some radical ... The bank's write-downs on bad credit investments are ... A settlement was announced Friday with US regulators ... The bank's private-banking business is fighting to keep...
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UBS predicted to report further €3.4bn hit
Credit Suisse analysts have predicted that Swiss rival ... In a pre-results research note, Credit Suisse analysts ... They said that fixed income revenues could be ... Overall investment banking revenues are expected to decline ... The analysts predicted that UBS should write down...
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Unigestion to launch two funds of funds
Swiss asset manager Unigestion is launching two funds ... It has seeded its Distressed Hybrid Fund of ... Jean-François Hirschel, Unigestion’s head of marketing, said: “When ... The firm said repricing of risk, increased credit ... Hirschel added: “The distressed cycle we are expecting...
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Cuomo readies UBS civil suit
New York state attorney general Andrew Cuomo is ... State securities regulators in Massachusetts have already filed ... The lawsuit also could include allegations of malfeasance ... "A filing of a complaint at this point ... In their June case, Massachusetts regulators named individuals...
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Swiss Banks Seen Dented By Credit Crunch
TAKING THE PULSE: Swiss banks continued to struggle ... By comparison, Credit Suisse AG has fared better, ... Julius Baer Holdings AG - July 23 at ... MARKET EXPECTATIONS: Swiss private bank Julius Baer is ... MAIN FOCUS: Fresh funds from Julius Baer's private ... Credit Suisse Group - July 24 at 0500...
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Swiss banks outsource securities management
The cantonal banks of Lucerne, St. Gallen and ... St. Galler and Luzerner cantonal banks have been ... The service is being provided and managed by ... Frank Müller Erkelenz, chief executive of Fin-Log, affirms:...
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High net worth consultancy aims to help the wealthy relocate to Switzerland
Henley & Partners, a consultancy for wealthy individuals, ... Henley & Partners will arrange its various businesses ... The company said the aim of the new ... The group will be made up of five ... The news comes three months after changes to ... There were widespread concerns the change would lead...
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Swiss hedge fund group plans LSE listing for fund
The London Stock Exchange has received two further ... Separate announcements from each fund manager came after ... Asset manager Partners Group is to move its ... Global Opportunities is currently listed on both London's ... The news comes as London fund of hedge ... The board of Partners Group's fund said in...
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Credit Suisse quant team defects to UBS
UBS, the Swiss bank in the midst of ... Three portfolio managers and four analysts are to ... Four analysts, Chenye Bao, Sergio Joseph, Jeremy Raccio ... They follow William Weng, who left Credit Suisse ... The team is a new capability for UBS ... John Fraser, chairman and chief executive officer of...
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Swiss investors continue to favour smaller wealth managers
Swiss investors continue to invest more of their ... Lombard Odier Darier Hentsch, Bank Sarasin, Zurich Financial ... Outflows at UBS continued, with approximately SFr1bn leaving ... “There is still a general trend towards investors ... However, Pictet, which saw strong inflows in March,...
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Barclays Wealth hires senior investment specialist from Morgan Stanley
Barclays Wealth has hired a director for its ... Karine Genevey will be based in Geneva and ... She joins after six years at Morgan Stanley...
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Swiss poll blasts management at UBS
UBS' board of directors has been voted the ... Nestlé, the Swiss food company, was voted to ... A spokesman for Demoscope said UBS had been ... In the previous three surveys UBS was voted ... Yesterday the bank said it will need years ... "I don't believe it will take ten years...
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Swiss hedge fund names new chief in management rejig
Absolute Capital Management has appointed its third chief ... The company, which is quoted on London's junior ... He replaces Treacher, who took over from Sean ... The company had to go through extensive legal ... Treacher told Financial News this month that he ... He said this month's appointment of Daniel Bieri...