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...a Swiss fund manager....
...The former Macquarie star commodities trader Nick O’Kane has agreed terms to join Mercuria as the Swiss trading house seeks to expand its gas and power business, according to people with knowledge of the...
...Apollo has sold a stake in the lending business it acquired from Credit Suisse last year shortly before the Swiss bank’s shotgun rescue by UBS, securing a multibillion-dollar investment from one of the US...
...I’d like to offer a Swiss perspective by comparing the financial situation in Birmingham, where the city council is now run by government-appointed commissioners after running up a budget deficit of £87mn...
...vaults and stopping the country’s banks from doing business with them....
...Roche has cut a fifth of its drug pipeline in six months, shedding prospective cancer and neurology treatments as the Swiss company seeks to revitalise its business under new chief executive Thomas Schinecker...
...UBS shares have dropped 12 per cent since the Swiss Federal Council published its report this month into the failings of Credit Suisse and proposals on how to improve the system....
...“The Bank Council and the Governing Board greatly regret Thomas Jordan’s decision,” the central bank said in a statement....
...“My thanks also go to the federal council, parliament and the public for their great trust in the SNB and for safeguarding its mandate and its independence.”...
...Blackstone has hired Dan Leiter as international head of the firm’s credit and insurance business. He previously worked for Morgan Stanley....
...Franck Petitgas, a former Morgan Stanley executive and Sunak’s business and investment adviser, has helped to repair some of that damage and was involved in assembling the new business council....
...s attorney-general has opened a criminal investigation into alleged violations of its Russia sanctions by an unnamed company, in the first sign that the country is willing to prosecute groups for doing business...
...The restaurant is the culinary heart of EHL Hospitality Business School, an elite Swiss university better known by its former title, the École Hôtelière de Lausanne....
...It is very Swiss.” The feeling that anyone can walk in the front door but few can penetrate the inner sanctum is crucial to Hauser & Wirth’s business....
...Yet, a lifeline exists in closing the loopholes that currently deprive councils of £250mn annually in business rates avoidance....
...The original Credit Suisse deal with Apollo led to the alternative investment manager taking on one of the Swiss bank’s most profitable divisions, but one that required a lot of capital....
...The hardline conservative Swiss Peoples’ party (SVP) was projected to secure 29.1 per cent of the vote in elections to the National Council, the lower house of parliament, after 95 per cent of district results...
...bank slipped 2.4 per cent in the first trading session after it announced it was facing a collective lawsuit that alleged the lender collected too much interest from some of its small- and medium-sized business...
...“The investment promise was the carrot that sealed this deal,” Biswajit Dhar, distinguished professor at the Council for Social Development, a think-tank, says of the India-EFTA pact....
...Liberty Global intends to list its Swiss telecoms business Sunrise later this year, which it acquired for $7.4bn less than four years ago, with shares allocated to Liberty Global investors....
...One of the world’s largest dermatology companies is aiming to raise $2.3bn in an initial public offering on the Swiss stock exchange, in the latest sign that Europe’s listings markets is finally gathering...
...But the living wills are intended to ensure crucial operating subsidiaries can stay open for business, limiting the contagion....
...Over two days this month, UBS drafted in Roger Federer, Bill Ackman and the head of Covid vaccine maker Moderna to give a series of motivational talks to the Swiss lender’s 250 most senior private bankers...
...In business-speak, that is “thinking like owners”, but here it isn’t just rhetoric. My fellow councillors take their duties seriously, even though most work full time and many have children at home....
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