{
CHE

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}
Glarner Kantonalbank shares rise slightly amid ongoing challenges and market concerns
Glarner Kantonalbank (GLKB) saw a slight price increase of 0.22% to EUR 22.85 on October 13, 2024, despite ongoing challenges, including a year-on-year decline of 7.11%. The share's price/earnings ratio stands at 10.60 for 2024, with a forecast dividend yield of 5.09%, suggesting potential interest for investors. However, recent analyses indicate an urgent need for action among shareholders regarding whether to buy or sell.
aktiencheck.de
Euro Glarner Kantonalbank CHE
TradFi, Market Report
23:46 13.10.2024
cantons face financial challenges with half expecting deficits by 2025
Half of the cantons anticipate budget deficits by 2025, with Vaud facing the largest shortfall of 303 million francs. While many are implementing cost-cutting measures, some cantons like Zug expect revenue growth due to population increases. Canton Bern, however, reports a surplus and plans to reduce personal income tax.
TicinoNews
Swiss Franc Swiss National Bank CHE Ernst Stocker Eernst Sticker
TradFi, Market Report
16:40 13.10.2024
Berner Kantonalbank shows resilience with strong dividend amid market volatility
Berner Kantonalbank (BEKB) demonstrates stable performance amid market volatility, with a share price of EUR 248.50 as of October 12, 2024, reflecting a 2.26% increase over the past month. The bank's solid foundation is evident as the share trades 4.43% above its 52-week low.Investors are attracted by BEKB's appealing dividend policy, with a planned distribution of EUR 10.00 per share for the 2024 financial year, yielding 4.13%, making it particularly appealing for income-focused investors in a low-interest-rate environment.
FinanzNachrichten.de
Euro Berner Kantonalbank AG CHE
TradFi, Market Report
16:15 13.10.2024
activists call for accountability following UBS's profitable Credit Suisse takeover
Activists are calling for accountability from UBS, Switzerland's largest bank, which successfully acquired Credit Suisse in 2023, averting a financial crisis. The takeover has significantly boosted UBS's profits and share price, enhancing its reputation as a leading asset manager. CEO Sergio Ermotti was named "Leader of the Year" in Switzerland and became Europe's highest-paid bank executive with a remuneration of CHF 14.4 million.
de_DE
Swiss Franc Credit Suisse Anlagestiftung UBS SA CHE Sergio Ermotti
TradFi, News Article
15:29 13.10.2024
glarner kantonalbank shares face challenges despite attractive dividend yield
Investing further in Glarner Kantonalbank shares is not advisable due to existing book losses and a significant cluster risk. Despite an attractive dividend yield exceeding 5%, the continuous decline in share price and disappointing financial figures, including a drop in net profit and rising operating expenses, suggest cautious prospects for recovery.
Tages-Anzeiger
Swiss Franc Glarner Kantonalbank CHE H. W.
TradFi, Market Report
14:47 13.10.2024
private investment in swiss national bank raises questions about influence and returns
The Swiss National Bank (SNB) operates with a unique structure, where private individuals, including foreign investors like German businessman Theo Siegert, hold shares. Despite owning 5.01% of the SNB, Siegert cannot influence its monetary policy, reflecting the limitations placed on private shareholders. The SNB's mixed ownership, with cantons and cantonal banks holding the majority, ensures its independence while allowing for some private investment.
TVS tvsvizzera.it
Swiss Franc de Haen Carstanjen & Söhne CHE Hans Kuh Saverio Simonelli Theo Siegert Daniel Hübscher Show more
TradFi, News Article
11:45 13.10.2024
cantons face budget deficits and implement savings measures for 2025
Half of the cantons anticipate budget deficits by 2025, with Vaud facing the largest shortfall of 303 million francs. While some cantons, like Zug and Bern, project revenue increases and surpluses, others are implementing significant cost-cutting measures to address financial challenges. The Swiss National Bank's uncertain profit distribution further complicates the fiscal landscape.
Corriere del Ticino
Swiss Franc Swiss National Bank CHE Ernst Stocker
TradFi, Market Report
11:27 13.10.2024
ubs faces stock market struggles after credit suisse merger challenges
UBS, after a record profit of $28 billion last year, is struggling in the stock market, with shares up only 4% this year, lagging behind major competitors like Morgan Stanley and Goldman Sachs. The merger with Credit Suisse has not yielded the expected cost savings, leading to increased stress among employees and skepticism among clients. UBS's market capitalization has seen minimal growth, raising concerns about its future performance amid political uncertainties and competition.
Tages-Anzeiger
United States Dollar JPMorgan Chase & Co. Credit Suisse Anlagestiftung The Goldman Sachs Group, Inc. UBS SA Deutsche Bank Aktiengesellschaft Morgan Stanley CHE Sergio Ermotti Lars Förberg Karin Keller-Sutter Show more
TradFi, Market Report
23:30 12.10.2024
credit suisse donation cuts impact swiss political parties and foundations
UBS has decided to discontinue the political donations previously made by Credit Suisse, which amounted to CHF 1 million annually. This change will significantly impact conservative parties, particularly the SVP, which will lose CHF 160,000, while the SP-affiliated Anny Klawa Morf Foundation faces a substantial funding shortfall due to the absence of CS contributions.
watson.ch
Swiss Franc United States Dollar Credit Suisse Anlagestiftung UBS SA CHE Simeon Marty Credit Suisse
TradFi, News Article
10:14 12.10.2024
swiss franc emerges as a safe haven currency in global markets
The Swiss franc (CHF) is the official currency of Switzerland, Liechtenstein, and Campione d'Italia, known for its stability and status as a safe-haven asset. It is the only franc still issued in Europe, with a strong demand following the 2008 financial crisis, leading to significant fluctuations in value. As of October 2024, the CHF is valued at $1.1664, reflecting its strength against the U.S. dollar.
Investopedia
Swiss Franc United States Dollar Swiss National Bank CHE LIE ITA Show more
TradFi, Market Report
09:00 12.10.2024
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