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Regula Berger appointed new chairwoman of Bank Cler Board of Directors
Regula Berger has been appointed as the new Chairwoman of the Board of Directors at Bank Cler, succeeding Basil Heeb. The board now includes three new members, increasing the female representation to 57%, well above the Swiss average. Özlem Civelek, Christoph Auchli, Susanne Ziegler, and Christian Reuss join the board, while Heeb, Maya Salzmann, and Christian Wunderlin step down.
Thomas Burri appointed Head of Private Wealth Management at ODDO BHF
Thomas Burri has been appointed as the Head of Private Wealth Management at ODDO BHF (Schweiz) AG, bringing over 20 years of experience from UBS and Credit Suisse. His expertise will support the firm's ambition to expand its PWM business in Switzerland, alongside Asset Management and Investment Banking.
nxtAssets launches crypto ETPs on SIX Swiss Exchange with Vontobel as market maker
nxtAssets has become the new issuer of crypto ETPs on the SIX Swiss Exchange, expanding the total to 398 products. These fully covered ETPs offer regulated access to Bitcoin and Ethereum, with market making by Bank Vontobel. Trading turnover for crypto ETPs has reached CHF 1.15 billion in 2025, marking a 28.5% increase from the previous year.
swiss banks struggle to maintain global brand value amid rising competition
Swiss banks have seen a collective brand value increase of 11% to USD 20.7 billion, yet none made the global top 10, indicating a decline in their international standing. UBS remains the most valuable Swiss brand at USD 14.1 billion, bolstered by its acquisition of Credit Suisse, but still trails behind the Industrial and Commercial Bank of China, valued at USD 79.1 billion. Notably, Pictet experienced significant growth, with a 31% increase in brand value.
swiss banks struggle to maintain global brand value amid rising competition
Swiss banks have seen an 11% increase in brand value to $20.7 billion, yet none made the global top 10, highlighting a decline in international standing. UBS leads as the most valuable Swiss bank at $14.1 billion, but remains significantly behind global leader ICBC, valued at $79.1 billion. Notably, Pictet experienced a remarkable 31% growth in brand value.
UBS Bern leadership shakeup as Jürg Kaufmann is ousted
Jürg Kaufmann has been removed as head of the UBS Berne region, along with his key employee overseeing wealthy clients, amid ongoing management upheaval. Chief executive Sabine Keller-Busse, facing pressure from Sergio Ermotti, aims to regain control after a series of high-profile departures to competitors. The new leadership faces challenges due to a lack of experience, complicating efforts to stabilize the region.
ubs bern leadership shakeup leads to resignations and client losses
Jürg Kaufmann, head of UBS Bern, has resigned amid significant upheaval following the integration of Credit Suisse. His departure comes as key personnel, including the head of wealthy private clients, are also being replaced, leading to a talent exodus to competitors like Vontobel and Berner Kantonalbank. Chief executive Sabine Keller-Busse, facing pressure from Sergio Ermotti, has taken decisive action to address the turmoil.
ubs auditors issue adverse opinion on financial reporting controls after credit suisse merger
UBS's auditors issued an "adverse opinion" on the bank's internal controls over financial reporting for 2024, citing unresolved issues from its acquisition of Credit Suisse. This rare reprimand signals potential misrepresentation in UBS's financial statements, highlighting the challenges of integrating the two banks. Despite implementing a remediation program, UBS acknowledged ongoing material weaknesses related to risk assessment and internal controls.
Neue Bank establishes EAM international unit led by Branko Racic
Neue Bank has launched an EAM international unit, appointing Branko Racic, a former Vontobel employee, as its head. He will collaborate with Mathias Bürzle to enhance the bank's international business with external asset managers, focusing on Liechtenstein and Switzerland. Racic brings nine years of experience from Vontobel, where he held various roles in EAM international services.
Neue Bank appoints Branko Racić to lead international asset management expansion
Neue Bank in Vaduz has appointed Branko Racić as Head EAM International to enhance its growth strategy. With extensive experience from Vontobel and a strong background in the financial sector, Racić will focus on driving international expansion alongside Mathias Bürzle. The bank, which manages 6.8 billion francs in assets, aims to strengthen its position among independent asset managers in Switzerland and Liechtenstein.
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