Sanner Group has acquired Gilero LLC, enhancing its global medical device offerings and positioning itself as a leader in end-to-end services across drug delivery, diagnostics, and MedTech sectors. This acquisition expands Sanner's manufacturing capabilities in the US and strengthens its international presence, allowing for improved collaboration and local service delivery. Gilero's expertise in design, development, and manufacturing will complement Sanner's existing operations, creating a comprehensive global CDMO for pharmaceutical and MedTech customers.
The Asian Infrastructure Investment Bank (AIIB), a multilateral development lender with 110 member states, has successfully countered skepticism about its standards and role in the international system, according to Vice President Danny Alexander. He emphasized the bank's commitment to openness for new members and private capital, highlighting its achievements over the past decade.
09:00 30.09.2024
Weak trading in Zurich saw the SPI index drop 0.20% to 16,290.51 points at the start of Monday, with a market capitalization of €2.200 trillion. The index has risen 11.81% since the beginning of 2024, with a high of 16,557.98 points and a low of 14,455.60 points this year. Curatis led gains with a 6.86% increase, while Meyer Burger Technology faced the largest decline at -10.98%.
09:00 30.09.2024
UBS's GWM Solutions division has appointed key leaders to enhance client solutions and efficiency. Yves-Alain Sommerhalder, head of the division, has filled critical roles including Andri Frey as COO and Jean-Marc Löliger as Chief of Staff, forming a robust management team to drive an integrated value chain.
09:00 30.09.2024
During a recent visit to New York, the booming construction industry was evident, with numerous renovations and new buildings underway, although office vacancies remain a concern. Inflation is impacting prices, particularly in hospitality and transport, while consumer spending appears more selective, indicating a shift from the post-coronavirus boom. The labor market shows signs of weakening, with fewer job advertisements, particularly outside the public sector.
09:00 30.09.2024
Credit Suisse has officially merged with UBS, leading to the closure of its Yverdon branch on rue des Remparts after decades of operation. Customers are now directed to the shared location on rue de Neuchâtel, where UBS has been serving clients for years.
09:00 30.09.2024
Martin Schlegel takes over as chairman of the Swiss National Bank amid scrutiny over its handling of the Credit Suisse crisis. With a parliamentary investigation pending, Schlegel aims to maintain a focus on price stability while addressing regulatory reforms for UBS. Analysts expect continuity in monetary policy from Schlegel, who has defended the SNB's actions during the turmoil.
09:00 30.09.2024
UBS Group AG has retained less than half of Credit Suisse’s bankers in Germany following their merger, highlighting significant job losses. The reductions stem from a combination of cuts, early retirements, and voluntary departures, affecting a workforce that numbered 163 at the end of 2021.
09:00 30.09.2024
UBS La Maison de Gestion has appointed Philippe Pendariès-Issaurat as ESG specialist, tasked with developing and overseeing the ESG strategy for the UBS Group in France. He will collaborate with David Zylberberg on regulatory compliance, sustainability risk control, and the sustainable investment committee. Pendariès-Issaurat joined UBS in July 2022 after starting his career at Oddo BHF Asset Management in 2020.
09:00 30.09.2024
Investors are advised to reduce their exposure to the US dollar as it is expected to weaken further due to narrowing interest rate advantages and concerns over the fiscal deficit. Recommended strategies include hedging dollar assets and diversifying into currencies like the euro, British pound, and Australian dollar, as well as allocating up to 5% to gold.
09:00 30.09.2024
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