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Simon Wehrli appointed Chief Information Officer at Berner Kantonalbank
Simon Wehrli has been appointed Chief Information Officer (CIO) at Berner Kantonalbank (BEKB), transitioning from his role at TWINT, where he served as CIO since May 2021. With extensive experience in IT and finance, he aims to enhance collaboration with BEKB's subsidiary, aity AG, and drive the bank's digital transformation.
Simon Wehrli appointed new CIO of Berner Kantonalbank
Simon Wehrli has been appointed as the new Chief Information Officer of Berner Kantonalbank (BEKB), succeeding an ad interim manager. Previously with Twint, Wehrli brings extensive experience in IT and finance, having also worked as a freelance mobile application developer. In his role, he will focus on enhancing collaboration with BEKB's IT subsidiary, Aity, to support the bank's digital transformation efforts.
iot in utilities market projected to reach 94.8 billion by 2031
The IoT in utilities market is projected to grow from $47.1 billion in 2024 to $94.8 billion by 2031, driven by smart grid deployment and urbanization. Key players like IBM, Cisco, and Itron are innovating through partnerships and technology integration to enhance operational efficiency and sustainability in utility services.
sonova appoints elodie carr-cingari as new chief financial officer
Sonova has appointed Elodie Carr-Cingari as the new chief financial officer, effective by July 2025, succeeding Birgit Conix, who is leaving to pursue other opportunities. Carr-Cingari previously served as group CFO at Landis+Gyr and held CFO roles at Hoerbiger and General Electric/Alstom. Matthias Dullmann will act as interim CFO starting January 2025.
Swiss stock market opens lower with focus on UBS and Sandoz results
The Swiss stock market opened slightly lower, with UBS and Sandoz in the spotlight following strong quarterly results. The SMI fell by 0.16% to 12,081.41 points, while UBS rose 3.2% and Sandoz gained 2.2%. In contrast, Swatch and Richemont faced declines after negative reports.
Swiss stock market opens lower with UBS and Sandoz reporting strong results
The Swiss stock market opened slightly lower, with UBS and Sandoz in the spotlight following strong quarterly results. The SMI fell 0.16% to 12,081.41 points, while UBS rose 3.2% and Sandoz gained 2.2%. In contrast, Swatch and Richemont faced declines after negative reports.
Swiss equities rise as UBS reports strong earnings amid busy reporting season
The Swiss stock exchange is experiencing a busy reporting season, with UBS reporting a better-than-expected billion-euro profit and Sandoz raising its sales outlook. The SMI is up 0.27% in pre-market trading, while Novartis received FDA approval for a leukemia treatment. Meanwhile, Swatch faces a "Sell" rating, and Kühne+Nagel sees a decline after a target cut.
Swiss equities rise as UBS reports strong earnings amid busy reporting season
The Swiss stock exchange is active with the reporting season, highlighted by UBS exceeding profit expectations and Sandoz raising its sales outlook. The SMI is up 0.27%, while major US tech firms, including Microsoft and Meta, are set to report, amid anticipation for the US labor market data. Novartis received FDA approval for a leukemia treatment, while Swatch and Richemont received mixed ratings from Berenberg.
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