Banking & Fintech

Troubled Swiss banking sector sees drop in profits

This content was published on Sep 5, 2023 Developments on the financial markets took their toll on Swiss banks last year. According to the Swiss Bankers Association (SBA), the profits of the local financial institutions clearly declined.

Picture of Sergio Ermotti talking at a conference

Credit Suisse takeover was on the cards in 2016, says UBS boss

This content was published on Sep 3, 2023 The UBS management had already examined the takeover of Credit Suisse in 2016, said UBS CEO Sergio Ermotti on Sunday.

Illustration about banking and sanctions between Russia, Switzerland and Europe

The impact of Russia sanctions on Swiss banks

This content was published on Sep 1, 2023 The unprecedented range of global sanctions imposed on Russian oligarchs creates a headache for the Swiss financial centre.

UBS outlines jobs cull from Credit Suisse takeover

This content was published on Aug 31, 2023 By 2026 the Credit Suisse brand will be extinct and the Swiss banking sector will employ 11,000 fewer people than at the end of 2022.

Swiss economics minister Guy Parmelin speaking to media in Bern

Swiss government says it ‘regrets’ job losses at Credit Suisse

This content was published on Aug 31, 2023 The government released a statement on Thursday in reaction to the announcement by UBS that it would cut 3,000 jobs after taking over Credit Suisse.

Stephanie Schmitt-Grohé and Fabio Canetg in business casual clothing outside

Geldcast: what’s the outlook for inflation rates?

This content was published on Aug 31, 2023 An interview with Columbia University’s Stephanie Schmitt-Grohé, one of the world’s best-known researchers on inflation.

Sergio Ermotti UBS Chief Executive Officer

UBS to cut 3,000 staff in Switzerland as it integrates rival

This content was published on Aug 31, 2023 It’s the first time Chief Executive Officer, Sergio Ermotti, has put a concrete figure on how many jobs the massive merger will cost.

UBS smashes banking record as it absorbs Credit Suisse

This content was published on Aug 31, 2023 UBS posted the biggest-ever quarterly profit for a bank in the second quarter as a result of its emergency takeover of Credit Suisse.

Colm Kelleher was always meant to become Europe’s most powerful banker

This content was published on Aug 30, 2023 How the UBS chair came to oversee the most complicated bank merger in history.

Swiss antitrust watchdog reviewing UBS-Credit Suisse deal

This content was published on Aug 30, 2023 Switzerland’s competition commission is reviewing the effects of the government-brokered takeover of Credit Suisse by UBS Group AG.

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Banking & Fintech

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Banking & Fintech

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Troubled Swiss banking sector sees drop in profits

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Credit Suisse takeover was on the cards in 2016, says UBS boss

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The impact of Russia sanctions on Swiss banks

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UBS outlines jobs cull from Credit Suisse takeover

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Swiss government says it ‘regrets’ job losses at Credit Suisse

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Geldcast: what’s the outlook for inflation rates?

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UBS to cut 3,000 staff in Switzerland as it integrates rival

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UBS smashes banking record as it absorbs Credit Suisse

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Colm Kelleher was always meant to become Europe’s most powerful banker

More

Swiss antitrust watchdog reviewing UBS-Credit Suisse deal

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