Hints and tips:
...A third person familiar with the matter said: “Andrea always preferred a higher [bonus target] and higher carrot to be more aligned with shareholders.”...
...Andreas Venditti, a Vontobel analyst who covers banks, said all Swiss wealth managers were having to weigh the impact of the country’s approach to sanctions....
...The head of UniCredit’s remuneration committee resigned following unsubstantiated allegations of leaking from the board, just weeks ahead of the proposal of a new pay package for chief executive Andrea Orcel...
...The better than expected performance was down to higher rates continuing to buoy the bank’s net interest income and lower provisions for bad debts, chief executive Andrea Orcel said....
...Ermotti’s total pay also dwarfs the awards of chief executives at other major European banks, including Christian Sewing of Deutsche Bank, who was paid €8.9mn last year, and Andrea Orcel of UniCredit, whose...
...“There is still a lot of work to do,” said Vontobel analyst Andreas Venditti. “The shares’ current valuation offers significant upside, should UBS be able to reach its long-term financial targets.”...
...In May, ECB head of supervision Andrea Enria warned that “empty shell structures . . . are a very real concern”....
...Vontobel analyst Andreas Venditti said while the bank’s capital position was strong, there were still questions about its Signa exposure. “The key question remains highly uncertain,” he said....
...UBS is due to report its third-quarter results on November 7, but Vontobel analyst Andreas Venditti said the losses on Credit Suisse loans would not affect the results as they had already been accounted...
...Vontobel analyst Andreas Venditti said the decision to terminate the agreement was designed “to calm down the political debate around the potential ‘danger’ of new UBS for Switzerland”....
...“Integrating key staff, retaining clients and migrating them to its own systems, solving Credit Suisse’s litigation issues . . . will require significant time and management attention,” said Andreas Venditti...
...UniCredit’s board has proposed raising chief executive Andrea Orcel’s salary by 30 per cent — from €2.5mn to €3.25mn a year — just weeks after the head of the Italian bank’s remuneration committee quit....
...A Madrid court has cut the amount of money Santander has to pay to Andrea Orcel by €8mn in the latest twist in the long-running battle between Spain’s biggest lender and one of Europe’s best-known bankers...
...Letter in response to this report:Teacher input still vital to pupil performance / From Richard Storey Walker, Hartmoor, Underhill, UK...
...“The combination of rapidly rising rates and fair value accounting treatment has created a near-term obstacle to bank M&A,” said Andreas Lindh, co-head of the Emea financial institutions group at JPMorgan...
...A Madrid court has upheld Andrea Orcel’s multimillion-euro lawsuit against Santander but cut the amount the bank has to pay by €8mn, in the latest twist in the long-running battle between Spain’s biggest...
...I am a passionate walker, and the Brera neighbourhood, with its unique cobblestone streets, historic buildings, bars, restaurants and artisans’ workshops, is a city explorer’s paradise....
...Some of the humour feels forced — spiders converse in captions, supporting characters address the camera in posed, artfully coloured vignettes, like Wes Anderson shots spliced into an Andrea Arnold film....
...“In the end this is a relationship business,” said Andreas Venditti, analyst at Vontobel, a large Swiss private bank....
...In two years as head of Italian lender UniCredit, Andrea Orcel has cut the bank’s €150mn annual spend on consultants by more than half....
...Chief executive Andrea Orcel even considered upping its exposure by buying Russian bank Otkritie just weeks before the invasion. By mid October its total exposure to Russia still stood at €7bn....
...Letter in response to this editorial:Teacher input still vital to pupil performance / From Richard Storey Walker, Hartmoor, Underhill, UK...
...“We lack important financial details for an assessment of the transactions,” said Andreas Venditti, an analyst at Vontobel. “Some of the details do not seem to have been finalised yet.”...
...“The massive net outflows in wealth management — Credit Suisse’s core business alongside the Swiss bank — are deeply concerning, even more so as they have not yet reversed,” said Vontobel analyst Andreas...
...He also called for a meeting between top bank chairs and Andrea Enria, the head of the financial supervision unit....
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