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leadership change at banque bonhôte as kim-andrée potvin becomes new ceo

Yves de Montmollin is stepping down as CEO of Banque Bonhôte, with Kim-Andrée Potvin set to succeed him in early 2025. Potvin, who has extensive experience in banking and a strong focus on innovation and ESG initiatives, aims to drive the bank's growth while maintaining its commitment to high client service standards. De Montmollin will transition to the board of directors as Vice Chairman in April 2025.

swiss national bank faces deflation risk amid strong franc and falling inflation

Switzerland faces potential deflation as a strong franc impacts inflation rates, prompting the Swiss National Bank (SNB) to cut interest rates three times this year. Analysts suggest that foreign currency interventions may be necessary to stabilize prices, with inflation forecasts dropping to as low as 0.1% in 2025. The SNB is expected to hold rates steady in December before potentially cutting them further in early 2025.

Franklin Templeton appoints Claire Tobler as new sales manager in Switzerland

Franklin Templeton has appointed Claire Tobler as the new Sales Manager for its Swiss operations, effective October 1. Based in Zurich, she will oversee the company's asset management strategies, contributing to the growth of its wholesale business, which has expanded to ten experts in 18 months. Tobler previously worked at Morgan Stanley and BNP Paribas, bringing extensive experience in sales and client servicing in the region.
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