Banking & Fintech

UBS set for $35 billion short-term gain from Credit Suisse deal

This content was published on May 17, 2023 UBS is set for a one-off accounting gain as a result of the merger, but financial hits – including due to legal cases – are looming.

SNB governors Martin Schlegel, Thomas Jordan (chair) and Andrea Maechler

Who wields power at the Swiss central bank?

This content was published on May 15, 2023 Who takes decisions at the Swiss National Bank, one of the most powerful institutions in Swiss politics?

Costs continue to rise for Swiss manufacturers

This content was published on May 15, 2023 The cost of producing goods in Switzerland rose 1% year-on-year in April compared to the same month last year.

Credit Suisse has plugged client outflows, says UBS boss

This content was published on May 12, 2023 A crippling bank run that forced Credit Suisse into the arms of its Swiss banking rival has ended, says UBS boss.

SNB rates not yet restrictive enough to tame prices, Jordan says

This content was published on May 11, 2023 The Swiss National Bank’s interest-rate moves haven’t yet fully tamed inflation, according to President Thomas Jordan.

Switzerland holds CHF7.4 billion of Russian central bank assets

This content was published on May 10, 2023 The total amount of reserves and assets of the Russian central bank held in Switzerland is CHF7.4 billion ($8.3 billion).

Credit Suisse to operate under own flag after UBS takeover

This content was published on May 9, 2023 Swiss bank Credit Suisse will continue to function under its own name as a separate subsidiary of UBS in the first phase of the takeover process.

Protestors with a boat named Crisis Suisse

Credit Suisse bosses ‘enriched themselves with massive bonuses’

This content was published on May 7, 2023 A handful of Credit Suisse bosses were handed hundreds of millions of francs in opaque deals, reports a newspaper.

The Swiss bitcoin expert with a global reputation

This content was published on May 4, 2023 From computer gaming to advising the G20 on bitcoin: Swiss university professor Fabian Schär is in demand.

UBS wary of buying Credit Suisse in February, US filing shows

This content was published on May 3, 2023 The Swiss bank UBS said it had concluded in February that buying its rival Credit Suisse was not desirable.

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Banking & Fintech

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Banking & Fintech

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UBS set for $35 billion short-term gain from Credit Suisse deal

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Who wields power at the Swiss central bank?

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Costs continue to rise for Swiss manufacturers

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Credit Suisse has plugged client outflows, says UBS boss

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SNB rates not yet restrictive enough to tame prices, Jordan says

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Switzerland holds CHF7.4 billion of Russian central bank assets

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Credit Suisse to operate under own flag after UBS takeover

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Credit Suisse bosses ‘enriched themselves with massive bonuses’

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The Swiss bitcoin expert with a global reputation

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UBS wary of buying Credit Suisse in February, US filing shows

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