{
}
Claude Maurer, Chief Economist Switzerland of the former Credit Suisse, is leaving UBS after nearly two decades in the banking sector. He expressed gratitude for his experiences and colleagues, noting the transition to UBS as a unique journey. Maurer, a former Olympic sailor, is looking forward to his next career move, though details remain undisclosed.
Claude Maurer, the Chief Economist Switzerland of the former Credit Suisse, is leaving UBS after nearly two decades in the banking sector. He announced his departure on LinkedIn, expressing gratitude for his experiences and colleagues, particularly during the transition to UBS. Maurer, a former Olympic sailor, has not disclosed his future plans but is optimistic about the next chapter in his career.
Claude Maurer has departed from UBS after nearly two decades at Credit Suisse, where he served as Chief Economist for Switzerland. In a LinkedIn post, he reflected on his experiences and expressed gratitude to colleagues, noting that his journey continues next month. Maurer, a former Olympic sailor, emphasized the importance of adaptability in facing new challenges.
Claude Maurer, Chief Economist Switzerland of the former Credit Suisse, is leaving UBS after nearly two decades in the banking sector. He expressed gratitude for his experiences and colleagues, noting the transition to UBS as a unique journey. Maurer, a former Olympic sailor, is looking forward to his next career move, though details remain undisclosed.
Claude Maurer, the chief economist for Switzerland at Credit Suisse, is set to leave UBS this November. He described his time at UBS as a ‘special experience’ in a LinkedIn post, while announcing his next professional move. Maurer has been leading Swiss economics at Credit Suisse since June 1, 2021.
UBS has successfully piloted its blockchain-based payment system, UBS Digital Cash, aimed at enhancing the efficiency and security of cross-border transactions for corporate clients. Utilizing a private blockchain, the system enables near-instant processing of payments through self-executing smart contracts, facilitating real-time transactions in multiple currencies. The initiative is part of UBS's broader digital cash strategy, which includes collaborations on central bank digital currencies and tokenized assets.
UBS Fund Management plans to merge several real estate funds following the integration of Credit Suisse Funds AG to enhance diversification and resilience. The mergers include four residential funds in 2025, two mixed-use funds in 2027, and two commercial funds in 2026/27, with a uniform brand identity and management fee of 0.54% to be introduced by 2025. Six other funds will remain unaffected by these changes.
Swiss Finance Minister Karin Keller-Sutter and UK counterpart Rachel Reeves discussed the implications of Donald Trump's election victory on banking regulation, emphasizing the need for a balance between competitiveness and stability. Following Trump's win, bank shares surged, while Keller-Sutter proposed stricter capital requirements for major banks, including a potential $25 billion increase for UBS, which is resisting the move due to high associated costs.
UBS is streamlining its real estate fund offerings in Switzerland following the integration of Credit Suisse's fund provider. The bank plans to merge several funds with similar investment strategies to enhance diversification and resilience, with all listed Swiss real estate funds operating under the UBS name by 2025. A uniform management fee of 0.54% will apply to these funds.
Aymo Brunetti, a professor at the University of Bern, emphasized the critical need for an orderly resolution framework for major banks like UBS, especially following the forced merger with Credit Suisse during the 2023 crisis. He warned that without a "Too Big To Fail" regime, UBS faces dire consequences if it were to fail. Brunetti spoke at the Financial Market Authority Liechtenstein's stability report presentation for 2024.
Credit Suisse Anlagestiftung
Companies
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
credit suisse chief economist leaves for new opportunities after nearly two decades
Swiss Franc
Credit Suisse Anlagestiftung
UBS AG
CHE
Daniel Kalt
Claude Maurer
Tom Rüegge
Sara Carnazzi Weber
Oliver Adler
Show more
14:53 08.11.2024
credit suisse chief economist departs for new career after two decades
Swiss Franc
Credit Suisse Anlagestiftung
UBS AG
CHE
Daniel Kalt
Tom Rüegge
Claude Maurer
Oliver Adler
Sara Carnazzi Weber
Show more
13:34 08.11.2024
Claude Maurer departs UBS after nearly two decades at Credit Suisse
United States Dollar
Lombard Odier Investment Managers
CBH Bank
UBS AG
Edmond de Rothschild Asset Management (Suisse) SA
Franklin Templeton Aggressive Model Portfolio FUND
Schroders plc
First Sentier Investors Fund LLC
LBP AM SA
PKB PRIVATE BANK SA
Encore Capital Group, Inc.
Baloise Bank AG
Credit Suisse Anlagestiftung
FRA
CHE
Philippe Cordonier
Daniel Kalt
Monika Waidacher
Alfonso Liparulo
Sascha Kever
Claude Maurer
Roger Hennig
Peter Arnold
Thomas Schöb
Jürg Ritz
Melinda Käsdorf
Simon Benhamou
Christèle Clémence
Hendrik Neumann
George Stephan
Show more
12:43 08.11.2024
credit suisse chief economist leaves for new opportunities after nearly two decades
Swiss Franc
Credit Suisse Anlagestiftung
UBS AG
CHE
Sara Carnazzi Weber
Daniel Kalt
Tom Rüegge
Oliver Adler
Claude Maurer
Show more
12:29 08.11.2024
credit suisse chief economist claude maurer departs for new opportunity
11:36 08.11.2024
ubs tests blockchain solution for efficient cross-border payments
Swiss Franc
Chinese Yuan
United States Dollar
Euro
Credit Suisse Anlagestiftung
Grayscale Chainlink Trust
SBI Digital Markets
Swift & Co.
UBS AG
CHN
USA
CHE
SGP
Veronika Rinecker
Sergey Nazarov
Xiaonan Zou
Janko Hahn
Show more
10:51 08.11.2024
ubs to merge real estate funds enhancing diversification and brand identity
09:26 08.11.2024
swiss finance minister discusses banking regulation after trump election victory
United States Dollar
Credit Suisse Anlagestiftung
UBS AG
The Goldman Sachs Group, Inc.
Morgan Stanley
CHE
Donald Trump
Karin Keller-Sutter
Markus Ronner
Rachel Reeves
Show more
07:48 08.11.2024
UBS consolidates real estate funds in Switzerland after Credit Suisse acquisition
07:22 08.11.2024
importance of orderly resolution for big banks highlighted by expert
Swiss Franc
Financial Market Authority Liechtenstein (FMA)
Credit Suisse Anlagestiftung
UBS AG
LIE
Aymo Brunetti
Show more
06:00 08.11.2024
Trending
Subcategory
Stock Market Updates
Corporate News
Industry Trends
Global Trade Developments
Global Financial Events
Finance Mergers & Acquisitions
Retail and Consumer Goods
Banking Regulations
Startups & Entrepreneurship
Industry Mergers & Acquisitions
Market Analysis and Predictions
CEO Changes
Inflation and Monetary Impact
Government Policies
Government Economic Policies
GDP Growth & Recession Forecasts
Central Bank Actions
Commodities
Hedge Funds & Private Equity
Domestic Politics
Countries:
Companies:
Barclays PLC
JPMorgan Chase & Co.
Apple Inc.
Tesla, Inc.
Banco Santander, S.A.
Berkshire Hathaway Inc.
The Goldman Sachs Group, Inc.
Commerzbank AG
Amazon.com, Inc.
NVIDIA Corporation
Morgan Stanley
Lloyds Banking Group plc
Bank of America Corporation
Wells Fargo & Company
Citigroup Inc.
SpaceXCoin USD
Deutsche Bank Money Market PP
Microsoft Corporation
Royal Bank of Canada
UBS Group AG
Currencies:
United States Dollar
Euro
British Pound Sterling
Swiss Franc
Indian Rupee
Japanese Yen
Chinese Yuan
New Taiwan Dollar
Canadian Dollar
United Arab Emirates Dirham
South Korean Won
Vietnamese Đồng
Danish Krone
Indonesian Rupiah
Russian Ruble
Singapore Dollar
Chilean Peso
Egyptian Pound
Cambodian Riel
People: