Heat, electricity and energy costs are increasing: it doesn’t get any cheaper

It doesn’t get any cheaper The world economy is suffering an energy shock. (Photo: Smetek) The global economy, which had only just begun to recover from the pandemic, is sliding into an energy crisis. The prices for oil, coal and gas are rising rapidly. To understand the problem, it helps to break it down into […]

ANALYSIS FLASH: UBS leaves Gea Group on ‘Buy’ – target 48 euros | 29.09.21

ZURICH (dpa-AFX Broker) – The major Swiss bank UBS has left the GEA rating at “Buy” with a price target of 48 euros. The Capital Markets Day generated even more confidence in growth than expected, wrote analyst Sven Weier in a quick assessment available on Wednesday. After the most recent setback, the plant manufacturer’s shares […]

Large price fluctuations and insecure regulation prevent banks from investing in crypto

Zürich The demand for crypto investments remains high among wealthy investors. Nevertheless, many banks specializing in wealth management shy away from offering their customers access to Bitcoin, Ethereum and Co. The Swiss bank Vontobel is an exception: CEO Zeno Staub said in an interview with Handelsblatt: “We see a demand for cryptocurrencies, which we serve, […]

UBS and Credit Suisse: The Great Ditch

A rift has opened up between Credit Suisse and UBS. This does not only follow the share price development of the two major Swiss banks. The expectations for the two-quarter results could not be more different. A comparison is currently inadmissible: UBS or Credit Suisse (CS) – which major Swiss bank is performing better in […]

German brings team from UBS

In private banking, Deutsche Bank Switzerland uses the number one in the profession: a whole team is transferring from UBS. The experienced UBS client advisor Raoul Zehnder (Picture below) moves with a well-rehearsed team of four private bankers to the international private banking of Deutsche Bank in Switzerland. The international institute announced this on Tuesday. […]

Home office – UBS puts you on top

The big bank wants to be even more flexible than previously known when it comes to remote working. The heads of UBS want to set a good example. Up to two thirds of all UBS employees will be able to work partly outside the office in the future. This was reported by the British newspaper […]

“We’ll top that”

UBS’s onshore business in Europe was a restructuring case. According to Christine Novakovic, the big bank now earns significantly more there. With finews.ch the European boss also spoke about tough measures and weird corona activities. The European business of UBS recently emitted ominous signals. So the sale of the branch in Austria to the Fürstenbank […]

Sabine Keller-Busse appoints new Swiss regional bosses

UBS Switzerland boss Sabine Keller-Busse is making major changes in the individual regions. More than ten key positions will be filled. In all five Swiss regions of UBS there are changes in leading positions, such as from one of Switzerland’s bosses Sabine Keller-Busse sent memorandum. This lies finews.ch in front. In it, the manager writes […]

UBS leaves longtime IT partner Cognizant

Under its CEO Ralph Hamers, UBS is continuing the course of reintegrating entire IT areas. According to research by finews.ch dozens of employees in Switzerland quit. By Katharina Bart and Peter Hody There are immense sums of money that large IT consulting and outsourcing companies implement in the financial industry. Cognizant, a global industry leader, […]