{
}
US tech stocks faced pressure as Alphabet's shares dropped over 8% following disappointing cloud earnings, while AMD fell nearly 10% amid concerns over its AI processor competitiveness against Nvidia. In contrast, Broadcom rose 4% due to its ties with Alphabet. The dollar weakened amid geopolitical uncertainties and mixed economic data, while gold prices reached a record high.
This week marks a significant period for corporate financial disclosures, with key reports from major players like Julius Baer, UBS, and Valiant. Investors are particularly focused on new CEO Stefan Bolliger's strategies at Julius Baer and UBS's integration of Credit Suisse, alongside updates from various banks and companies facing market challenges. The week will culminate with Ems-Chemie's results and the IPO of BioVersys, highlighting the ongoing shifts in the financial landscape.
Fraudsters swindled nearly 50,000 francs from Zurich cab driver Erhan C. by impersonating UBS employees and using spoofed phone numbers. After a series of deceptive calls, they gained access to his e-banking through a malicious app. Despite security measures in place, the banks involved, including Valiant and Postfinance, faced criticism for their inability to prevent the fraudulent transactions.
A radical overhaul of banking policies is essential to drive meaningful change in environmental impact, as current efforts often fall short. While some progress has been made in integrating sustainability into credit ratings and investment advice, many banks still prioritize traditional, carbon-intensive projects, particularly in construction. A comprehensive approach that includes biodiversity and environmental quality is crucial for banks to genuinely contribute to a sustainable future.
None of Switzerland"s 15 major retail banks are meeting international climate and biodiversity targets, according to a WWF ranking. The banks scored an average of 2.2 out of 5, remaining in the "average" category, with Zurich Cantonal Bank leading and St Gallen Cantonal Bank at the bottom. Despite some progress since 2021, no bank achieved "pioneer" or "visionary" status, particularly struggling in credit and financing activities.
None of the top 15 Swiss retail banks meet international climate and biodiversity targets, scoring an average of only 2.2 out of 5, according to a WWF Switzerland ranking. Zurich Cantonal Bank leads, while St. Gallen Cantonal Bank and Valiant rank lowest. Despite some progress in risk management and investment advice, efforts remain insufficient, particularly in directing funds toward sustainable initiatives, with a significant focus on the climate sector while neglecting biodiversity and pollution issues.
None of the 15 largest Swiss retail banks meet international climate and biodiversity targets, scoring an average of only 2.2 out of 5 in WWF's environmental ranking. While Zurich Cantonal Bank leads the assessment, significant improvements are needed across the sector, particularly in sustainable financial investments and addressing biodiversity impacts. The banking sector's role in financing and crediting remains crucial for climate and nature protection, yet efforts largely focus on climate without adequately considering other environmental issues.
A WWF analysis reveals that major Swiss banks are falling short in their environmental commitments, with none achieving "pioneer" or "visionary" status. The average score was only 2.2 out of 5, despite some progress in credit and financing, risk management, and investment advice. However, efforts remain inadequate, particularly regarding biodiversity and the environmental impacts of real estate financing.
No Swiss bank meets international climate and biodiversity targets, according to a WWF Switzerland ranking. The largest retail banks scored an average of 2.2 out of 5, with Zurich Cantonal Bank leading. Despite some progress, particularly in credit and financing, efforts remain inadequate, especially regarding biodiversity and environmental impacts.
None of the 15 major Swiss retail banks are meeting international climate and biodiversity targets, according to a WWF Switzerland ranking. The banks scored an average of 2.2 out of 5, placing them in the "average" category, with Zurich Cantonal Bank leading the assessment. Despite some progress since 2021, no bank achieved "pioneer" or "visionary" status, particularly struggling in credit and financing activities.
Valiant Holding AG
Companies
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
us tech stocks face pressure as earnings reports and economic data emerge
British Pound Sterling
Swiss Franc
Japanese Yen
Euro
United States Dollar
Valiant Holding AG
AMD/BRX
ABB Ltd
Kudelski SA
Apple Inc.
RICHEMONT, Intellectual Property Services
NATURENERGIE N
SGS SA
Sika AG
Amgen Inc.
FMC Corp
dormakaba Holding AG
NVIDIA Corporation
The Walt Disney Co
Alphabet Inc.
Broadcom Inc.
Amazon.com, Inc.
Nestlé S.A.
Partners Group Holding AG
Swiss Life Holding AG
JPN
IND
KOR
AUS
HKG
CHN
CHE
USA
Donald Trump
Show more
05:52 06.02.2025
key corporate earnings reports highlight banking sector developments this week
Swiss Franc
Valiant Holding AG
UBS Group AG
Leonteq AG
Luzerner Kantonalbank AG
LEM Holding SA
Vontobel Holding AG
BioVersys AG
Julius Bär Gruppe AG
Compagnie Financière Tradition SA
Zuger Kantonalbank
EMS-CHEMIE HOLDING AG
SPS Holding AG
CHE
Sergio Ermotti
Stefan Bolliger
Show more
05:00 03.02.2025
fraudsters steal 50000 francs from zurich cab driver using spoofed calls
06:54 15.01.2025
banks must transform practices to address environmental challenges effectively
United States Dollar
St. Gallen Cantonal Bank
Valiant Holding AG
Zurich Cantonal Bank
CHE
St. Gallen Cantonal Bank
Valiant
Zurich Cantonal Bank
Show more
14:08 19.11.2024
wiss banks fall short on climate and biodiversity targets according to wwf
Zurich Cantonal Bank
Valiant Holding AG
St Gallen Cantonal Bank
Banque Cantonale Vaudoise
CHE
Show more
11:42 19.11.2024
wiss banks fall short on climate and biodiversity targets according to ranking
St. Gallen Cantonal Bank
Valiant Holding AG
Swiss Alternative Bank
Zurich Cantonal Bank
CHE
Show more
08:45 19.11.2024
wiss banks fall short on environmental goals according to wwf ranking
Valiant Holding AG
Swiss Alternative Bank
Banque Cantonale Vaudoise
Zurich Cantonal Bank
St. Gallen Cantonal Bank
CHE
Show more
07:39 19.11.2024
banks fall short on environmental commitments despite some progress in sustainability
06:26 19.11.2024
wiss banks fall short on environmental goals according to new ranking
St. Gallen Cantonal Bank
Valiant Holding AG
Zurich Cantonal Bank
Swiss Alternative Bank
CHE
Show more
06:07 19.11.2024
wiss banks fall short on climate and biodiversity targets according to ranking
Swiss Franc
St. Gallen Cantonal Bank (SGKB)
Banque cantonale vaudoise (BCV)
Zurich Cantonal Bank
Valiant Holding AG
CHE
Show more
02:00 19.11.2024
Trending
Subcategory
Corporate News
Stock Market Updates
Industry Trends
Industry Mergers & Acquisitions
Finance Mergers & Acquisitions
Domestic Politics
Banking Regulations
Global Financial Events
CEO Changes
Government Policies
Retail and Consumer Goods
Workplace Trends
Elections & Campaigns
Market Analysis and Predictions
Central Bank Actions
Global Trade Developments
Startups & Entrepreneurship
Hedge Funds & Private Equity
Banking & Investment Regulations
Corporate Social Responsibility
Countries:
Companies:
Tesla, Inc.
UniCredit S.p.A.
Banco BPM S.p.A.
Deutsche Bank Money Market PP
JPMorgan Chase & Co.
Barclays PLC
Credit Suisse Strategic Income I
Apple Inc.
CREDIT AGRICOLE
SpaceXCoin USD
Lloyds Banking Group plc
BNP Paribas SA
The Goldman Sachs Group, Inc.
UBS Group AG
Credit Agricole
Banco Santander, S.A.
Amazon.com, Inc.
Reinsurance Group of America, Incorporated
Amundi S.A.
Commerzbank AG
Currencies:
United States Dollar
Euro
British Pound Sterling
Swiss Franc
Chinese Yuan
Indian Rupee
Japanese Yen
South Korean Won
Offshore Chinese Yuan
Hong Kong Dollar
Norwegian Krone
Filipino Peso
Canadian Dollar
Singapore Dollar
Australian Dollar
Danish Krone
Swedish Krona
Mexican Peso
Qatari Riyal
South African Rand
People: