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ubs faces appeal in credit suisse money laundering case linked to bulgarian mafia
The appeal trial regarding money laundering linked to the Bulgarian mafia opens today, with UBS now facing charges after acquiring Credit Suisse. The Federal Criminal Court rejected UBS's attempt to dismiss the case, emphasizing that the merger included all legal responsibilities. Credit Suisse had previously been fined 2 million francs for aiding a cocaine trafficking network, and the federal prosecutor's office is seeking increased penalties.
Corriere del Ticino
Swiss Franc Credit Suisse Anlagestiftung UBS SA CHE Evelin Banev
TradFi, News Article
07:04 01.10.2024
top dividend stocks on the swiss exchange amid market uncertainties
St. Galler Kantonalbank AG, with a market capitalization of CHF 2.48 billion, reported a decline in net interest income to CHF 167.67 million and net profit to CHF 100.44 million for the first half of 2024. Despite this, it maintains a strong dividend yield of 4.58% and a sustainable payout ratio of 57.1%. The bank's shares may be undervalued, and it ranks among the top dividend stocks on the SIX Swiss Exchange.
simplywall.st
Swiss Franc United States Dollar Euro Cembra Money Bank AG Vaudoise Assurances Holding SA St. Galler Kantonalbank AG CHE Show more
TradFi, Market Report
06:18 01.10.2024
ubs retains less than half of credit suisse bankers in germany
UBS Group AG has retained less than half of Credit Suisse’s bankers in Germany following their merger, highlighting significant job losses. The reductions stem from a combination of cuts, early retirements, and voluntary departures, affecting a workforce that numbered 163 at the end of 2021.
Bloomberg.com
UBS Group AG Credit Suisse Anlagestiftung DEU CHE
TradFi, News Article
09:00 30.09.2024
new swiss central bank chief faces scrutiny after credit suisse collapse
Martin Schlegel takes over as chairman of the Swiss National Bank amid scrutiny over its handling of the Credit Suisse crisis. With a parliamentary investigation pending, Schlegel aims to maintain a focus on price stability while addressing regulatory reforms for UBS. Analysts expect continuity in monetary policy from Schlegel, who has defended the SNB's actions during the turmoil.
Reuters
Swiss Franc UBS AG Credit Suisse Anlagestiftung CHE Martin Schlegel Yvan Lengwiler Stefan Gerlach Paul Tucker Thomas Jordan Show more
TradFi, News Article
09:00 30.09.2024
weak trading in zurich spi index declines amid mixed stock performance
Weak trading in Zurich saw the SPI index drop 0.20% to 16,290.51 points at the start of Monday, with a market capitalization of €2.200 trillion. The index has risen 11.81% since the beginning of 2024, with a high of 16,557.98 points and a low of 14,455.60 points this year. Curatis led gains with a 6.86% increase, while Meyer Burger Technology faced the largest decline at -10.98%.
finanzen.at
Euro Swiss Franc Hoffmann-La Roche AG TX Group AG SGS SA EFG International AG ABB Ltd CHE Show more
TradFi, Market Report
09:00 30.09.2024
Credit Suisse merges with UBS as Yverdon branch closes permanently
Credit Suisse has officially merged with UBS, leading to the closure of its Yverdon branch on rue des Remparts after decades of operation. Customers are now directed to the shared location on rue de Neuchâtel, where UBS has been serving clients for years.
La Région
Swiss Franc Credit Suisse Anlagestiftung UBS SA CHE
TradFi, News Article
09:00 30.09.2024
ubs strengthens gwm solutions with new management team appointments
UBS's GWM Solutions division has appointed key leaders to enhance client solutions and efficiency. Yves-Alain Sommerhalder, head of the division, has filled critical roles including Andri Frey as COO and Jean-Marc Löliger as Chief of Staff, forming a robust management team to drive an integrated value chain.
finews.ch
UBS SA CHE Daniel Garcia Andri Frey Yves-Alain Sommerhalder Jean-Marc Löliger Laura Huntley Show more
TradFi, News Article
09:00 30.09.2024
petra kalt departs as head of wealth management at zuger kantonalbank
Petra Kalt, the Head of Wealth Management at Zuger Kantonalbank, is leaving the bank "at her own request and by mutual agreement." She joined the bank in 2009, became part of the executive board in 2013, and took over the Wealth Management division in 2015. The bank has not disclosed details regarding her successor.
Allnews
Zuger Kantonalbank CHE Petra Kalt
TradFi, News Article
09:00 30.09.2024
petra kalt departs as head of wealth management at zuger kantonalbank
Petra Kalt, the Head of Wealth Management at Zuger Kantonalbank, is leaving the bank by mutual agreement. She joined the bank in 2009, became part of the executive board in 2013, and took over the Wealth Management division in 2015. The bank has not disclosed her successor.
Zonebourse
Zuger Kantonalbank CHE Petra Kalt
TradFi, News Article
09:00 30.09.2024
Glarner Kantonalbank honors sustainability with award while share price remains stable
Glarner Kantonalbank recently awarded the Glarus Sustainability Award 2024 to Circus Mugg, highlighting its commitment to sustainability. Despite this positive development, the bank's share price remains stable at EUR 22.30, with a market capitalization of EUR 301.1 million and a P/E ratio of 10.45. The bank is also set to install photovoltaic systems to enhance its renewable energy efforts, maintaining an attractive dividend yield of 5.09% for investors.
aktiencheck.de
Euro Glarner Kantonalbank CHE Circus Mugg
TradFi, Market Report
09:00 30.09.2024
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