{
Credit Suisse

Companies

}
Swiss court clears UBS in Credit Suisse money laundering case appeal
A Swiss appeal court has acquitted UBS in a historical money laundering case linked to Credit Suisse, overturning a 2022 conviction. The court determined that the death of a former employee, who had been convicted on related charges, made an appeal impossible.
@GIRalerts
UBS Credit Suisse CHE
TradFi, News Article
18:59 28.11.2024
claude maurer appointed chief economist at bak economics starting december 2024
Claude Maurer, former Chief Economist at Credit Suisse, will join BAK Economics in Basel as Chief Economist and Executive Board member starting December 1, 2024. With nearly 20 years at CS, Maurer aims to leverage modern technologies, including AI, to enhance economic research and consulting at the institute. A former professional athlete, he represented Switzerland in sailing at the 2000 Olympics and holds a degree in economics from the University of Zurich.
finews.ch
Swiss Franc Credit Suisse UBS CHE Anne-Claude Maurer
TradFi, News Article
13:09 28.11.2024
Swiss financial sector shows resilience amid economic challenges and job cuts
German exporters show renewed optimism for the first time in six months, despite initial concerns following Donald Trump's election victory. Meanwhile, the Swiss financial sector remains robust, contributing CHF 108.4 billion in value added and CHF 20.7 billion in tax revenues, although employment is expected to decline due to integration challenges at Credit Suisse. Additionally, a non-partisan alliance in Switzerland is advocating for stricter environmental regulations in the financial sector.
investrends.ch
Swiss Franc NVIDIA Corporation UBS Credit Suisse Swisscom AG CHE CHN ITA USA DEU Urs Keller Gianfranco Iuliano Jos Dijsselhof Bjorn Sibbern Show more
TradFi, Market Report
12:24 28.11.2024
Swiss financial sector contributes significantly to economy and employment in 2023
The financial sector remains a crucial pillar of the Swiss economy, contributing CHF 108.4 billion in value added and supporting nearly 480,000 jobs. In 2023, banking services represented 16% of service exports, while insurance services accounted for 6.4%. Despite expected growth in commission business, employment is projected to decline due to the integration of Credit Suisse into UBS and ongoing challenges in the insurance market.
Finanz und Wirtschaft
Swiss Franc Credit Suisse UBS CHE
TradFi, Market Report
11:54 28.11.2024
Claude Maurer appointed Chief Economist at BAK Economics starting December 2024
Claude Maurer, former Chief Economist at Credit Suisse, will assume the role of Chief Economist at BAK Economics Basel on December 1, 2024. Returning to his roots, Maurer aims to enhance the integration of traditional economic research with technological innovation, focusing on IT-supported solutions to boost productivity for SMEs.
Nau
Credit Suisse CHE Anne-Claude Maurer
TradFi, Press Release
11:47 28.11.2024
ubs partners with clearstream for enhanced fund distribution services
UBS has selected Clearstream to manage fund distribution support for its former Credit Suisse business, aiming to streamline operations and reduce costs. The partnership will leverage Clearstream’s Fund Centre platform, enhancing compliance and regulatory adherence while allowing UBS to focus on its core capabilities. Philippe Seyll, CEO of Clearstream Fund Centre, expressed enthusiasm for the collaboration, which positions UBS for growth in the evolving market.
LeapRate
Swiss Franc UBS Credit Suisse Deutsche Börse AG Clearstream CHE DEU LUX Philippe Seyll Show more
TradFi, Press Release
10:46 28.11.2024
Swiss financial sector remains vital to economy despite employment challenges
The Swiss financial sector remains a crucial component of the economy, contributing CHF 108.4 billion in value added and supporting nearly 480,000 jobs in 2023. Banking services accounted for 16% of service exports, while insurance services contributed 6.4%. However, employment is expected to decline due to the integration of Credit Suisse into UBS, with a projected decrease of 0.6% in 2024 and 1.1% in 2025, amid a challenging market for insurance companies.
Moneycab
Swiss Franc Credit Suisse UBS CHE
TradFi, Market Report
10:18 28.11.2024
claude maurer appointed chief economist at bak economics
Claude Maurer has been appointed as the new Chief Economist of BAK Economics, returning to the institute after nearly two decades at Credit Suisse. A former professional athlete who represented Switzerland in sailing at the 2000 Olympics, Maurer aims to leverage new technologies for economic research, emphasizing BAK's unique blend of knowledge, data, and technology.
investrends.ch
Euro United States Dollar Zürcher Kantonalbank Banque Bonhôte BX Swiss UBS Wealth Management Credit Suisse Lombard Odier Candriam Börse Stuttgart Group DWS FRA CHE LIE AUS DEU Jessica Rabut Dave Stoller Alfred Widmer Vincenzo Vedda Lidia Kurti Nathalie Cerutti Florence Pisani Emile Gagnaire Stephane Herrmann Walter Schochli Anton Brender Anne-Claude Maurer Show more
TradFi, News Article
09:09 28.11.2024
financial sector outperforms tourism as key driver of swiss economy
The financial sector in Switzerland generated nearly CHF 74 billion in gross value added in 2023, accounting for about 10% of the economy and employing 240,000 people. Despite its significance, job cuts are anticipated in banking due to the integration of Credit Suisse into UBS, while insurance and other financial services are expected to see moderate job growth. Notably, banking services led service exports, surpassing tourism, but growth is hindered by challenging EU market access.
finews.ch
Swiss Franc Credit Suisse UBS CHE Martin Hess Show more
TradFi, Market Report
07:00 28.11.2024
ubs acquitted in appeal of bulgarian cocaine money laundering case
UBS has been acquitted by the Federal Supreme Court in the Bulgarian cocaine trial, following an appeal. The court's decision was influenced by the death of a former employee linked to the case, which prevented further examination of the accusations against the bank. Consequently, UBS's compensatory claim has been canceled.
mattinonline.ch
Swiss Franc UBS Credit Suisse BGR CHE
TradFi, News Article
05:56 28.11.2024
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