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switzerland grapples with ethical dilemmas in dual-use technology development
Switzerland grapples with the ethical implications of its dual-use technology, particularly in the drone sector, as companies like Auterion shift focus from civilian applications to military supply amid rising global military spending. Political parties debate the nation's neutrality and responsibility for exported military goods, while concerns grow over the potential spillover of advanced technologies to authoritarian regimes and terrorist organizations. The challenge lies in balancing innovation with stringent export controls, as the demand for military capabilities surges in response to geopolitical tensions.
SWI swissinfo.ch
United States Dollar Swiss Franc Euro DJI Auterion AG Quantum-Systems GmbH Delair SCI DEU RUS UKR FRA USA CHE Laurent Wehrli Priska Seiler Graf Vanessa Wood Peter Keller Romeo Durscher Show more
Technology & Innovation, News Article
09:00 22.10.2024
pkb private bank reorganizes for enhanced investment solutions and client service
PKB Private Bank has restructured its Asset Management & Advisory department, now called Investment Solutions, integrating it into the Group Wealth Solutions division led by Alfonso Rivolta. Sascha Kever has been appointed CIO, overseeing client portfolio investment strategies, while Raimondo Morandi becomes Head of Portfolio Management. This reorganization aims to enhance client service with innovative wealth management solutions, reflecting the bank's commitment to high-quality investment offerings.
finews.ch
Swiss Franc Cassa Lombarda Societa PER Azioni O - IN Forma Abbreviata - Cassa Lombarda S.p.A. PKB PRIVATE BANK SA CHE Raimondo Morandi Alfonso Rivolta Sascha Kever Show more
TradFi, Press Release
09:00 22.10.2024
UBS raises SAP price target to 237 euros maintaining buy rating
UBS has increased its price target for SAP from 222 to 237 euros, maintaining a "Buy" rating following strong third-quarter results. Analyst Michael Briest noted robust sales momentum and impressive free cash flow, totaling 5 billion euros year-to-date.
boerse.de
Euro SAP Doran CHE DEU Warren Buffet Michael Briest Hubert Dichtl Thomas Müller Show more
TradFi, Market Report
08:49 22.10.2024
Raiffeisen leadership faces backlash over failed strategy and app development issues
Heinz Huber and Thomas Müller face backlash after their failed Strategy 2025, leading to the dismissal of Uwe Krakau and the scrapping of a malfunctioning super app intended for Raiffeisen"s 3.5 million customers. The costly missteps, including a bloated cost structure and ineffective management, threaten over 100 jobs as the bank attempts to regain stability.
insideparadeplatz.ch
Swiss Franc Raiffeisen CHE Heinz Huber Thomas Müller Uwe Krakau Show more
TradFi, News Article
08:46 22.10.2024
ubs faces challenges amid us investment banking boom and risk concerns
UBS faces a dilemma as U.S. investment banking thrives, with American banks reporting record profits while UBS maintains a cautious approach to high-risk deals. Although UBS excels in wealth management across Asia and Europe, it earns less from investment banking compared to its U.S. counterparts. The booming sector may reignite discussions on UBS's investment banking strategy, especially following its acquisition of Credit Suisse, which has brought new expertise to the firm.
Neue Zürcher Zeitung
Euro Japanese Yen United States Dollar Citigroup Inc. The Goldman Sachs Group, Inc. Morgan Stanley JPMorgan Chase & Co. UBS SA JPN USA CHE Sergio Ermotti Colm Kelleher Show more
TradFi, Market Report
08:31 22.10.2024
PKB Private Bank restructures asset management for enhanced client services
PKB Private Bank is restructuring its Asset Management division to enhance client services with innovative investment solutions. The department has been renamed Investment Solutions and integrated into Group Wealth Solutions, led by Alfonso Rivolta. Sascha Kever is appointed CIO, while Raimondo Morandi becomes Head of Portfolio Management, both reporting to Rivolta.
finews.com
Swiss Franc Cassa Lombarda Societa PER Azioni O - IN Forma Abbreviata - Cassa Lombarda S.p.A. PKB PRIVATE BANK SA CHE Raimondo Morandi Alfonso Rivolta Sascha Kever Show more
Finance & Economy, Press Release
08:19 22.10.2024
Bitcoin Suisse explores Middle East expansion amid profitability and innovation concerns
Andrej Majcen, CEO of Bitcoin Suisse, discusses the company's successful turnaround and profitability in 2023, driven by increased customer activity. While the firm has established a presence in Abu Dhabi, Majcen emphasizes the importance of growth and diversification, acknowledging that other regions are rapidly advancing in cryptocurrency innovation, contrasting this with Switzerland's focus on work-life balance.
finews.com
United States Dollar Turnerbund Abu Dhabi Bitcoin Suisse SA CHE ARE Dominik Buholzer Andrej Majcen Show more
Finance & Economy, News Article
08:08 22.10.2024
Molecular Partners and Orano Med expand partnership for targeted cancer therapies
Molecular Partners and Orano Med are expanding their collaboration on targeted cancer therapies utilizing the radioisotope lead-212 (212Pb). The new agreement includes four research programs, with each company holding marketing rights for two programs, and initial human studies for the ML0712 treatment are set to begin next year. Despite this expansion, there will be no immediate impact on the financial outlook for 2024, as Molecular Partners maintains its financing forecasts through 2027.
Zonebourse
Swiss Franc Molecular Partners AG Orano MED SAS CHE
Healthcare, News Article
08:01 22.10.2024
UBS raises SAP price target to 237 euros maintaining buy rating
UBS has increased its price target for SAP from 222 to 237 euros, maintaining a "Buy" rating following strong third-quarter results. Analyst Michael Briest noted robust sales momentum and impressive free cash flow of 5 billion euros year-to-date.
boerse.de
Euro SAP SE UBS SA CHE DEU Michael Briest Hubert Dichtl Thomas Müller Show more
TradFi, Market Report
07:38 22.10.2024
CBH appoints new CEO and Head of Private Banking amid leadership changes
CBH Compagnie Bancaire Helvétique has appointed Simon Benhamou as the new CEO, succeeding Philippe Cordonier, who is retiring. Alfonso Liparulo has been named the new Head of Private Banking and will join the Executive Board. The bank, founded in 1975, manages client assets totaling 14.3 billion Swiss francs and employs around 300 staff across 10 locations globally.
finews.com
Swiss Franc CBH Compagnie Bancaire Helvétique SA FRA GBR CHE ARE Julien Faure-Geors Amos Poncini Simon Benhamou Philippe Cordonier Alfonso Liparulo Show more
Finance & Economy, News Article
06:54 22.10.2024
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