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siemens proposes mark schneider as supervisory board chairman by 2027

Siemens has proposed Mark Schneider, the former CEO of Nestle and Fresenius SE, as the potential successor to Jim Hagemann Snabe as chairman of its supervisory board by 2027. Snabe, who plans to manage his succession effectively, aims for a transition within two years if re-elected in February 2025. Additionally, Siemens announced a proposed dividend increase to 5.20 euros from 4.70 euros the previous year.

ubs fund management acquires 3 percent stake in swiss national bank

UBS Fund Management (Switzerland) AG has acquired a 3% stake in the Swiss National Bank, as revealed in an October filing with the SIX stock exchange. UBS Asset Management (Switzerland), another subsidiary of UBS, also holds shares in the central bank. Cantons own nearly 59% of SNB shares, with Bern, Zurich, and Vaud holding the largest stakes. UBS is currently integrating Credit Suisse, which previously had units that owned SNB shares.
15:20 25.10.2024

ubs fund management acquires 3 percent stake in swiss national bank

UBS Fund Management (Switzerland) AG has acquired a 3% stake in the Swiss National Bank, as revealed in an October filing with the SIX stock exchange. UBS Asset Management (Switzerland), another subsidiary of UBS, also holds shares in the central bank. The majority of SNB shares are owned by Switzerland's cantons, with significant holdings from Bern, Zurich, and Vaud.
13:58 25.10.2024

ubs fund management acquires three percent stake in swiss national bank

UBS Fund Management (Switzerland) AG has acquired a 3% stake in the Swiss National Bank, as reported in an October filing with the SIX stock exchange. UBS Asset Management (Switzerland), another subsidiary of UBS, also holds shares in the central bank. The cantons of Switzerland collectively own nearly 59% of SNB shares, with significant holdings from Bern, Zurich, and Vaud.
13:52 25.10.2024
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