{ }
Very Negative
Negative
Neutral
Positive
Very Positive
2025-03-272025-03-272025-03-282025-03-282025-03-302025-03-303411166554433221100
Download SVG
Download PNG
Download CSV
Somewhat Relevant
Moderately Relevant
Very Relevant
Highly Relevant
2025-03-272025-03-272025-03-282025-03-282025-03-302025-03-30441166554433221100
Download SVG
Download PNG
Download CSV

ZKB CEO salary structure shifts with higher fixed pay and lower bonuses

ZKB CEO Urs Baumann's total remuneration decreased slightly to CHF 2.82 million last year, with a notable shift in salary structure. His fixed salary increased to CHF 1 million, while variable bonuses dropped to just over CHF 800,000, reflecting a response to political criticism and an external review indicating that variable pay was too high. Overall, the bank's personnel expenses rose by 3.7% to CHF 1.22 billion, with an average salary of over CHF 210,000 for its 5,779 employees.

Zürcher kantonalbank enhances ETF sales team to drive asset management growth

Zürcher Kantonalbank (ZKB) is enhancing its Asset Management division by expanding its sales team for Index Solutions and Exchange Traded Funds (ETFs). Hans-Jörg Morath has been appointed as Head of ETF Sales, with Yves Béréhouc joining as Senior Sales Manager in April 2025, both reporting to Ramon Vogt, Head of Wholesale Switzerland. This initiative aims to bolster ZKB's position in the Swiss market, where its Swisscanto product brand ranks second with approximately 163 billion Swiss francs in assets under management.

record gold sales surge at bernese banks amid economic uncertainty

Swiss banks are experiencing record gold trading as geopolitical uncertainties drive demand. With gold prices soaring, many customers are selling their gold holdings, while banks report significant increases in transactions. However, investors should be cautious, as gold does not yield interest and is subject to price risks.

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.

politicians resist UBS influence while pushing for increased bank capital requirements

Socialist Roger Nordmann and Finance Minister Karin Keller-Sutter emphasize the need for political unity against UBS's influence, advocating for increased equity capital for the bank. While parliament supports this move, concerns arise about potential cost implications for customers, with regional banks poised to benefit if UBS raises prices. The Federal Council backs the capital requirement, asserting it won't necessarily lead to higher costs for Swiss credit operations.

Swiss banking reforms strengthen oversight after Credit Suisse crisis and UBS takeover

Following the takeover of Credit Suisse, Swiss authorities have approved reforms to strengthen banking supervision and enhance FINMA's powers over systemically important institutions like UBS. The reforms include tighter "too big to fail" rules and increased capital requirements, aiming to prevent future financial crises. The Parliamentary Commission of Inquiry has called for lessons learned from the CS crisis to be implemented internationally, emphasizing the need for accountability and better management practices in large banks.

swiss banking reform calls for increased equity capital after credit suisse collapse

The Swiss National Council is set to decide on a proposed salary cap for bank executives, primarily targeting UBS's CEO Sergio Ermotti, whose salary for 2024 is CHF 14.9 million. While public frustration over high salaries grows, the focus should shift to enhancing capital requirements for banks, especially following the Credit Suisse collapse, which highlighted the need for stronger equity buffers. UBS faces potential additional capital requirements of up to $25 billion, yet the Federal Council's reluctance to enforce stricter regulations risks undermining the stability of Switzerland's banking sector.

Swiss National Council endorses PUK report on Credit Suisse crisis reforms

The National Council has unanimously praised the PUK report on the Credit Suisse crisis, adopting all motions aimed at reforming "too big to fail" rules and enhancing the assertiveness of FINMA. The PUK's findings highlighted mismanagement at CS and called for stronger capital requirements for systemically important banks. Federal President Karin Keller-Sutter acknowledged the PUK's work, noting that some proposals are already being implemented.

Swiss Parliament Endorses PUK Report on Credit Suisse Crisis and Banking Reforms

The National Council has unanimously praised the PUK report on the Credit Suisse crisis, adopting all motions to strengthen regulations for systemically important banks. Key proposals include amending "too big to fail" rules, enhancing FINMA's enforcement powers, and ensuring the resolvability of major banks to prevent future crises. The Federal Council is set to implement several of these recommendations.
Trending
Subcategory
Countries:
Companies:
Currencies:
People:

Machinary offers a groundbreaking, modular, and customizable solution that provides advanced financial news and statistical analysis. Our platform goes beyond traditional quantitative analysis, offering users a comprehensive understanding of real-time market dynamics, event detection, and risk analysis.

Address

Newsletter

© 2025 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings

Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.