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internal conflicts emerge at greenpeace africa amid leadership concerns and office closure

Greenpeace Africa faces internal turmoil following a restructuring that aims to cut around 40 jobs, nearly half its staff, citing financial and security reasons. Former employees allege unfair dismissals and criticize management's approach to LGBT+ rights and collaboration with governments, raising concerns about the organization's commitment to environmental justice. Despite these challenges, Greenpeace Africa insists the changes are necessary for financial sustainability and maintaining its mission across the continent.
Climate Home News
United States Dollar Greenpeace International GHA MUS UKR COD DEU KEN NGA Melita Steele Mbong Akiy Fokwa Tsafack Oulie Keita Paul Ngugi Gerhard Combrink Show more
Regulatory & Legal, News Article
09:00 02.10.2024

UBS representative declines to comment in Bulgarian money laundering trial

In the Bulgarian money laundering trial, a UBS representative declined to comment on key issues, asserting that UBS dissociates itself from Credit Suisse's involvement. The lawyer emphasized that the case, dating back 17 years, pertains to another bank and management, and he has no connection to the defendants.
24 heures
Credit Suisse Anlagestiftung UBS SA CHE
TradFi, News Article
09:00 02.10.2024

ubs denies involvement in bulgarian mafia money laundering trial

In the ongoing Bulgarian money laundering trial, UBS maintains its innocence, asserting no connection to the accusations against Credit Suisse. A former banker involved with the Bulgarian Mafia expressed surprise at the lack of scrutiny from his previous employer, Julius Baer, regarding suspicious funds. The trial continues with closing arguments scheduled until October 10.
Allnews
Euro United States Dollar Credit Suisse Anlagestiftung Julius Bär Gruppe AG UBS SA CHE BGR Evelin Banev Andrea Ermotti Show more
TradFi, Transcript
09:00 02.10.2024

ubs faces legal legacy of credit suisse amid ongoing criminal proceedings

UBS is held accountable for the criminal actions of Credit Suisse (CS) regarding the Bulgarian drug mafia, as ruled by the Federal Criminal Court. Despite UBS's arguments that it should not inherit CS's legal issues, the court affirmed UBS's status as CS's legal successor, complicating its appeal following a guilty verdict against CS for anti-money laundering violations. The case is further complicated by the death of a co-defendant, raising questions about the validity of the conviction against the now-defunct CS.
Neue Zürcher Zeitung
Swiss Franc Credit Suisse Anlagestiftung UBS SA CHE Sergio Ermotti Lorenz Erni Andrea Ermotti Isabelle Romy Marcel Gyr Show more
TradFi, News Article
09:00 02.10.2024

UBS faces scrutiny over Credit Suisse's Bulgarian mafia scandal

UBS is vigorously defending itself amid allegations linked to the Bulgarian mafia, a scandal that has resurfaced in connection with Credit Suisse. The banking giant faces scrutiny as it navigates the implications of this old affair.
Le Courrier
Credit Suisse Anlagestiftung UBS SA CHE
TradFi, News Article
09:00 02.10.2024

court rejects ubs request to halt bulgarian mafia money laundering trial

The Federal Criminal Court has denied UBS's request to halt proceedings in a money laundering case linked to the Bulgarian mafia, which arose after UBS's acquisition of Credit Suisse. UBS argues that the demise of Credit Suisse should end the case, but the court insists it will proceed, allowing for a financial expert's testimony on due diligence obligations. Previously, Credit Suisse was fined for facilitating money laundering for a cocaine trafficking network.
Corriere del Ticino
Swiss Franc Credit Suisse Anlagestiftung UBS SA CHE BGR Evelin Banev Andrea Ermotti
TradFi, Press Release
09:00 02.10.2024

ubs asset management outlines strategy for navigating economic volatility and elections

UBS Asset Management anticipates a soft landing for the global economy, favoring U.S. equities and European high-yield bonds in a volatile market. With central banks maintaining accommodative policies and a divided U.S. Congress likely to temper extreme measures, the firm sees potential in commodities like gold and emerging markets, while remaining cautious on European equities due to disappointing economic data.
Focus Risparmio
Euro Chinese Yuan United States Dollar Japanese Yen UBS SA DEU CHN USA JPN Teresa Gioffreda Anaïs Brunner Show more
TradFi, Market Report
09:00 02.10.2024

spi index declines as top shares fluctuate amid market volatility

The SPI index fell by 0.24% to 16,092.74 points, reflecting a 1.04% decline since the start of the week. Year-to-date, the index has risen by 10.45%, with a high of 16,557.98 points and a low of 14,455.60 points recorded this year. Top performers include Schlatter Industries and EFG International, while HOCHDORF and DocMorris faced significant losses.
finanzen.at
Swiss Franc Adecco SA Hoffmann-La Roche AG UBS AG CHE Show more
TradFi, Market Report
09:00 02.10.2024

ubs raises price target for telenor in recent analysis

UBS has raised its price target for Telenor, as reported by Cercle Finance. BOURSORAMA, acting solely as a distribution channel, emphasizes that it has not influenced the analysis, which is provided for informational purposes only and does not carry contractual value. The institution maintains a conflict of interest management policy to ensure objectivity in its investment recommendations.
Boursorama
Euro UBS SA Societe Generale Batiment SA Telenor ASA European Central Bank FRA Show more
TradFi, Market Report
09:00 02.10.2024

spi index declines as top stocks show mixed performance

The SPI index on the Zurich Stock Exchange fell 0.18% to 16,103.02 points at midday, marking a weekly decline of 0.974%. Over the past year, the index has risen by 10.52%, with a current high of 16,557.98 points and a low of 14,455.60 points. Notable gainers include Schlatter Industries and Rieter, while HOCHDORF and Evolva are among the biggest losers.
finanzen.ch
Euro Swiss Franc Julius Bär Gruppe AG Adecco Group AG UBS Group AG Roche Holding AG EFG International AG CHE Show more
TradFi, Market Report
09:00 02.10.2024
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