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petra kalt departs as head of wealth management at zuger kantonalbank

Petra Kalt, the Head of Wealth Management at Zuger Kantonalbank, is leaving the bank "at her own request and by mutual agreement." She joined the bank in 2009, became part of the executive board in 2013, and took over the Wealth Management division in 2015. The bank has not disclosed details regarding her successor.
Allnews
Zuger Kantonalbank CHE Petra Kalt
TradFi, News Article
09:00 30.09.2024

industry leaders announce new hires and promotions in finance and law

In September 2024, several firms announced key hires and promotions. Stephen Prostor joined Axos Bank as head of portfolio management, while Nanette Heide and Lisa Perri joined Troutman Pepper and Nixon Peabody, respectively, to enhance their corporate practices. Other notable appointments include Brian Kaiser at Centri Business Consulting, Adam Gross at FalconPoint Partners, and Banee Pachuca at Winston & Strawn, among others, reflecting a strong focus on private equity and M&A across various sectors.
Middle Market Growth
Piper Sandler Companies Nixon Peabody LLP Troutman Pepper Hamilton Sanders LLP Axos Bank FSA Winston & Strawn LLP Steve Tipler Whit Rudder Madeline Rodriguez David Gassko John Lavin Show more
TradFi, Press Release
09:00 30.09.2024

Meta's share price volatility and trends following earnings announcements

Meta Platforms, the largest social media company, has experienced significant volatility in its share price following earnings announcements from Q1 2022 to Q1 2024. Immediate reactions have varied widely, with a notable 20% increase in Q2 2022 and a 20% drop in Q2 2023. Over the following weeks and months, share price adjustments have moderated, reflecting investor sentiment and broader market conditions, highlighting the importance of understanding these trends for investment strategies.
IG
Meta Platforms, Inc. USA
TradFi, Market Report
09:00 30.09.2024

aud usd rallies on chinese dovish pivot and market optimism

The AUD/USD surged to 0.6900, marking a 1.38% weekly gain and its highest close in 20 months, driven by a dovish pivot from Chinese authorities and a recent U.S. Federal Reserve rate cut. Retail sales data due on October 1 is anticipated to show a 0.40% rise, influenced by government rebates and spending for Father's Day. The pair is consolidating just below its year-to-date high, with potential resistance at 0.7000.
IG
Australian Dollar Chinese Yuan United States Dollar Australian Securities Exchange PTY Ltd. CHN AUS USA Show more
TradFi, Market Report
07:53 30.09.2024

dr reddys invests 620 million dollars in switzerland subsidiary

Dr. Reddy's has made a significant investment of US$ 620 million in its subsidiary located in Switzerland. This strategic move underscores the company's commitment to expanding its global footprint and enhancing its operational capabilities in the pharmaceutical sector.
indianpharmapost.com
Swiss Franc DR Reddy'S Laboratoire Ltd. Switzerland subsidiary IND
Finance & Economy, Press Release
06:06 30.09.2024

vietnam's pharmaceutical sector poised for growth through innovation and investment

Vietnam's pharmaceutical market is rapidly growing, attracting interest from global companies, particularly in innovative biotech. To enhance medical development, the country must reform pricing and reimbursement systems, create a stable investment environment, and streamline administrative procedures for foreign investors.
Vietnam.vn - Nền tảng quảng bá về Việt Nam
United States Dollar US-ASEAN Business Council JPN KOR USA CHN VNM Bui Thi Viet Lam Show more
Healthcare, Market Report
16:08 29.09.2024

ubs chairman defends ceo salary amid criticism and regulatory concerns

UBS Chairman Colm Kelleher defended CEO Sergio Ermotti's salary, emphasizing that it reflects the challenging circumstances he faced compared to his predecessor. Kelleher expressed disappointment over public backlash and criticized Finma for its lack of assertiveness during Credit Suisse's downfall, highlighting the need for proactive regulatory measures. He also stated that increasing capital requirements could jeopardize Switzerland's status as a key financial center, but affirmed UBS's commitment to remaining in the country.
finews.ch
Euro Credit Suisse Anlagestiftung Morgan Stanley UBS SA CHE Sergio Ermotti Colm Kelleher Show more
TradFi, News Article
09:00 29.09.2024

bitcoin surpasses 66000 dollars as investors eye us labor market report

Bitcoin has surged past $66,000, driven by optimism surrounding potential Chinese economic support and interest rate trends in the US. Investors are closely watching the upcoming US labor market report, which could influence monetary policy and market sentiment ahead of the presidential election. With a 53.3% chance of a significant interest rate cut, the Fed's decisions will be pivotal in shaping the economic landscape.
ig.com
Chinese Yuan United States Dollar CME Group Inc. CHN USA Kamala Harris Donald Trump
Crypto, Market Report
09:00 29.09.2024

Luzerner Kantonalbank launches cryptocurrency deposit and delivery services in Switzerland

Luzerner Kantonalbank (LUKB) is set to become the first traditional bank in Switzerland to offer cryptocurrency deposit and delivery services starting October 1, 2024. Customers will be able to transfer Bitcoin and Ethereum to their securities accounts, with the service being rolled out in stages. This initiative follows increasing customer demand for crypto transactions via e-banking and expands LUKB's existing cryptocurrency trading and custody offerings.
zentralplus
Luzerner Kantonalbank AG CHE Daniel von Arx Marcel Hurschler
TradFi, Press Release
09:00 29.09.2024

banks face scrutiny in fraud case involving deceptive loan practices

A Danish woman deceived banks and a notary in Verbier by changing her name to sell her apartment back to herself, securing a 1.5 million franc loan despite being heavily in debt. While she was convicted of forgery, the notary was acquitted, raising serious questions about banking practices and oversight. The case has prompted further investigations into the banks' roles and potential misconduct.
24 heures
Swiss Franc Banque Cantonale du Valais Raiffeisen ETF FUND CHE DNK Alban Matthey Nicolas Rouiller Stéphane Cappi Emilie Kalbermatter Show more
TradFi, News Article
09:00 29.09.2024
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