{
Jean-Philippe Kohl

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dissatisfaction grows among swiss companies towards UBS banking practices

Tension is rising between UBS and Swiss industrial companies, with a recent Swissmem survey revealing that nearly 25% of firms report worsening business conditions, particularly in credit. Two-thirds of respondents are considering ending their relationship with UBS, citing a lack of alternatives despite the bank's significant market presence. Swissmem's leadership expresses disappointment, highlighting a shift as companies seek cheaper banking options amid challenging economic conditions.
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Euro Swiss Franc United States Dollar NZZ am Sonntag Credit Suisse Anlagestiftung Swissmem UBS SA CHE Daniel Zulauf Jean-Philippe Kohl Martin Hirzel Show more
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09:00 23.09.2024
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