{
Jorgos Brouzos

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}
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Heinz Huber Resigns as Raiffeisen CEO to Lead Bündner Kantonalbank

Heinz Huber will leave his position as CEO of Raiffeisen at the end of the year, transitioning to Chairman of the Board of Directors at Bündner Kantonalbank in July 2025. His tenure at Raiffeisen, marked by significant reforms and a failed super app launch, has been overshadowed by digitalization challenges and internal frustrations.
Tages-Anzeiger
Swiss Franc Raiffeisen-Osteuropa-Rent CHE René Benko Peter Fanconi Heinz Huber Patrik Gisel Uwe Krakau Pierin Vincenz Jorgos Brouzos Show more
Finance & Economy, News Article
15:58 18.12.2024

finma suspends approval of ubs emergency plans after credit suisse takeover

The Swiss Financial Market Supervisory Authority (Finma) has suspended the approval of UBS's emergency plans following its takeover of Credit Suisse, citing significant challenges that necessitate revisions to ensure the bank's stability in crises. Finma demands a comprehensive overhaul of UBS's resolution strategies, emphasizing the need for improved liquidity measures and the ability to restructure or liquidate without taxpayer support. The integration of the two banks has revealed the necessity for standardized processes and a more robust regulatory framework to manage potential future crises effectively.
Tages-Anzeiger
Credit Suisse Anlagestiftung UBS SA CHE Jorgos Brouzos
TradFi, Market Report
08:59 15.10.2024
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