Hints and tips:
Related Special Reports
...Swiss Federal Administrative Court in St Gallen, where the case is being heard....
...Ermotti has re-emerged as a leading spokesman for European banks since returning to UBS in the wake of its rescue of former rival Credit Suisse in the most significant merger in the sector since the financial...
...The Swiss lender has taken a $200mn expense on the Credit Suisse leases for 2022 and another for 2023, according to a filing to US Securities and Exchange Commission published on Friday....
...Last week, Swiss finance minister Karin Keller-Sutter said the analyst estimates were “plausible”....
...Changing weather will cost us all more in years to come, according to Swiss Re....
...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...
...The pair also responded to criticism that the size of UBS within the Swiss market has harmed competition....
...The Swiss bank announced a new share repurchase programme on Tuesday, having suspended its previous plan a year ago following its rescue of former rival Credit Suisse....
...Swiss financial news outlet Tippinpoint was first to report his departure....
...A post mortem by the Financial Stability Board found Swiss authorities would have been capable of shutting down Credit Suisse....
...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....
...“Misaligned incentives across the US healthcare system have led to meaningful delays and barriers to biosimilar adoption, resulting in significant missed opportunities for healthcare savings,” the Swiss...
...“You can see quite a meaningful churn of clients if they’re saying, ‘let us sell you more things or we can’t bank you any more’.”...
...In this case, Swiss authorities had a plan, and they executed it. Brutal, but swift, decisive, and with limited systemic risk....
...Swiss Re is targeting net income of more than $3.6bn next year, up from its more than $3bn target for this year. Its shares were down nearly 2 per cent in morning trading....
...Swiss agricultural chemicals company Syngenta has called off a $9bn Shanghai listing that would have been one of China’s largest initial public offerings in years, as the country’s stock markets struggle...
...The Swiss lender also confirmed the departure of chief executive Philipp Rickenbacher, which was reported by the Financial Times and other media outlets on Wednesday....
...UBS has set out plans for deeper cost cuts as the mammoth integration of rival Credit Suisse helped drive the Swiss bank to a second straight quarterly loss....
...“We’re clearly the pure-play category leader in dermatology,” Ornskov said....
Bank is on right track but needs to squeeze more from US business
...Meanwhile, Finma — the Swiss financial regulator, which has come under intense scrutiny over its handling of Credit Suisse — began investigating Julius Baer’s relationship with Signa and its internal risk...
...“It’s a public service, but they’re also creating a myth about themselves....
...Finma on Tuesday published an 84-page report into the failure of Credit Suisse, which sent shockwaves through the Swiss financial system....
...Swiss Re said it was “aware of this judgment, which is self-explanatory and which we have given careful consideration to”. Llewellyn, who has since left Swiss Re, could not be contacted for comment....
...Chief executive Sergio Ermotti told analysts that 2024 would be a “pivotal year” for the takeover, saying it would “probably [be] the one time in which we’re going to incur the most cost in order to achieve...
International Edition