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executive board member petra kalt departs from zgkb bank

Petra Kalt, the former Head of Wealth Management at ZGKB, is leaving the bank by mutual agreement and at her own request. She has been with ZGKB since 2009, joining the Executive Board in 2013 and leading the Wealth Management department since 2015. No successor has been announced.
finanzen.ch
Swiss Franc ZGKB CHE Petra Kalt
TradFi, News Article
09:00 01.10.2024

volatility index trade of the week with strategic stop loss and target

This week’s trade recommendation is to go long on the Volatility Index (VIX), with a stop loss set below the August low at 15.25 and an upside target above 30.00. Recent trading outcomes include a successful long position in New York sugar futures, which saw significant gains. With upcoming Federal Reserve speeches and non-farm payroll data, market volatility is expected to rise, particularly in this presidential election year.
IG
Federal Reserve Bank of Boston N.A. Jerome Powell
TradFi, Transcript
09:00 01.10.2024

efg international recruits client advisors from banque havilland amid liquidation news

EFG International has expanded its team by recruiting four client advisors from Banque Havilland, following the latter's unexpected decision to cease operations in Liechtenstein and Switzerland. The new hires, including Metin Emer, Matthias Delvavier, Daniel Gunsch, and Raphaela Dietsche, will report to EFG Bank von Ernst's CEO, Tobias Wehrli. Despite the recruitment, it remains uncertain if an asset deal will occur, as EFG International has not commented on the matter.
finews.com
Swiss Franc Banque Havilland SA EFG International CHE LUX LIE Metin Emer Raphaela Dietsche Daniel Gunsch Matthias Delvavier Show more
TradFi, News Article
09:00 01.10.2024

new snb president highlights high geopolitical risks and subdued growth outlook

Martin Schlegel, the newly appointed president of the Swiss National Bank, addressed high geopolitical risks during his first speech in Bellinzona. He indicated that the bank anticipates subdued economic growth, projecting a GDP increase of only 1 percent for the year, which is below the long-term average. The visit to Ticino was met with pride from local officials, highlighting the significance of his new role.
TVS tvsvizzera.it
United States Dollar Swiss National Bank CHE Martin Schlegel Christian Vitta
TradFi, News Article
09:00 01.10.2024

us economy poised for roaring twenties amid risks and optimism

UBS suggests the U.S. economy is nearing a "Roaring '20s" revival, with a 50% chance of a booming cycle driven by strong GDP growth and manageable inflation. Despite concerns over rising unemployment and geopolitical risks, recent economic indicators support a positive outlook for the coming years.
Fortune
United States Dollar JPMorgan Chase & Co. UBS SA USA Jason Draho Jamie Dimon Jerome Powell Show more
TradFi, Market Report
09:00 01.10.2024

new snb chairman outlines economic outlook during first visit to ticino

Martin Schlegel, the new President of the Swiss National Bank (SNB), made his inaugural public appearance in Ticino, delivering a speech in Bellinzona. He highlighted significant geopolitical risks and projected moderate economic growth, with an expected GDP increase of 1% this year, below the long-term average. Christian Vitta, head of the Ticino Department of Finance and Economy, expressed the canton’s pride in hosting the SNB leader.
pme
United States Dollar Swiss National Bank CHE Martin Schlegel Christian Vitta
TradFi, News Article
09:00 01.10.2024

hospital consolidation raises concerns over costs and patient care quality

Nearly half of U.S. metropolitan areas are dominated by one or two health systems, raising concerns about rising healthcare costs and market competition. A recent study shows that 67% of hospitals were affiliated with health systems in 2022, with 97% of metro areas having highly concentrated hospital markets. While larger cities have more competition, major systems still control significant market shares, prompting increased scrutiny from Congress on hospital mergers and pricing policies.
Axios
HCA Healthcare, Inc. Ascension Health Alliance USA Sara Fischer Caitlin Owens Mark Thompson Show more
Regulatory & Legal, News Article
09:00 01.10.2024

Migros to close bestsmile locations amid restructuring and market challenges

Migros is set to close its dental care brand bestsmile, including its Lugano location, due to underperformance and a challenging market. The closure will occur in stages, affecting 27 locations and leading to job cuts, with a consultation process for impacted employees. Patients can continue their treatments at remaining bestsmile practices or at zahnarztzentrum.ch locations.
Corriere del Ticino
Migros Bank Medbase Group CHE
Finance & Economy, News Article
09:00 01.10.2024

doctors express concern over potential changes to pension tax rules

An NHS pension expert has reported receiving over 200 inquiries from healthcare professionals concerned about potential changes to pension tax rules following recent Budget discussions. Graham Crossley, director of MediFintech, noted that such rumors often prompt doctors to reconsider their retirement plans, particularly regarding tax-free lump sums and tax relief.
New Model Adviser
Medifintech Ltd. GBR Graham Crossley
Finance & Economy, News Article
09:00 01.10.2024

global telehealth market projected to reach 784 billion by 2032

Eli Lilly launched LillyDirect in January 2024, a digital healthcare platform targeting obesity and diabetes management. The global telehealth market is projected to grow from $84.4 billion in 2022 to $784.3 billion by 2032, driven by healthcare digitalization and increased patient engagement, despite challenges like behavioral interferences during remote monitoring. North America leads the market, while the Asia-Pacific region is expected to grow the fastest, highlighting significant opportunities for data analytics and improved patient outcomes.
ABN Newswire
United States Dollar Medtronic Defined Contribution Plan Master Trust Siemens Healthcare Private Limited Cerner Corporation (Oracle) Koninklijke Philips N.V. GE HealthCare Technologies Inc. HKG CAN GBR USA IND David Correa Joe Biden Show more
Technology & Innovation, Market Report
09:00 01.10.2024
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