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Florence Schnydrig Moser has been appointed as the new deputy chairwoman of Zürcher Kantonalbank's board, effective July 1, 2026. She will succeed Stephanino Isele, who is stepping down after over ten years due to age-related reasons. Moser, currently head of private banking, joined ZKB four years ago from Swisscard, where she served as CEO.
UBS has officially branded the former Credit Suisse headquarters at Paradeplatz in Zurich, marking a significant step in the integration of Switzerland's second-largest bank into the largest. The bank plans to develop a campus for around 4,000 employees across four buildings, with Paradeplatz 6 set to become an asset management hub by 2027, featuring shops and restaurants. Additionally, Swisscard has completed the transfer of its Credit Suisse card portfolio to UBS.
UBS has officially branded the former Credit Suisse headquarters at Paradeplatz 8 in Zurich, marking a significant step in the integration of Switzerland's second-largest bank into the largest. The bank plans to develop a campus for around 4,000 employees across four buildings in the area, with Paradeplatz 6 set to become an asset management hub by 2027, featuring shops and restaurants. Additionally, Swisscard has completed the transfer of its Credit Suisse card portfolio to UBS.
UBS has officially branded the former Credit Suisse headquarters at Paradeplatz 8 in Zurich, marking a significant step in the integration of the two banks. The new campus will house around 4,000 employees across four buildings, with Paradeplatz 6 set to transform into an asset management center by 2027, featuring shops and restaurants. Additionally, Swisscard has completed the transfer of its Credit Suisse card portfolio to UBS.
Poinz has been recognized as the best credit card with a bonus system, surpassing major competitors. UBS's Mastercard Platinum topped the annual fee category, while Poinz excelled in no annual fee and loyalty programs. Cornèrcard Gold was voted best for international use, and Aargauische Kantonalbank led in prepaid cards.
UBS has sold its 50% stake in the Swiss credit card joint venture Swisscard to American Express, making Amex the sole owner. This decision follows the emergency merger of Credit Suisse with UBS, as the existing agreement was not extended. UBS stated that the credit card operations did not align with its strategic priorities, although the credit card business remains important to the bank.
UBS has divested its 50% stake in Swisscard, selling it to American Express. This move marks a significant shift in UBS's investment strategy, further solidifying American Express's position in the financial services market.
American Express will acquire UBS's 50% stake in Swisscard, making it the sole owner. The transaction's timing is yet to be announced, but Swisscard will continue issuing cards under American Express, Mastercard, and Visa licenses, with no immediate impact on cardholders. UBS will transition Credit Suisse-branded cardholders to new cards starting in the first half of 2025.
American Express will acquire UBS's 50% stake in Swisscard, making it the sole owner. The transaction's timing is yet to be announced, but Swisscard will continue issuing cards under American Express, Mastercard, and Visa licenses, with no immediate impact on cardholders or partners. UBS will transition Credit Suisse-branded cardholders to new cards starting in the first half of 2025.
American Express is set to acquire UBS's 50% stake in Swisscard, making AmEx the sole owner of the credit card provider. Additionally, Swisscard and UBS have agreed to transfer the Credit Suisse brand to Swisscard, with no impact on the existing portfolio.
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