United Kingdom

Angelika Gruber

SNB raising negative rate threshold may halve burden on banks - analysts

19 Sep 2019

ZURICH The Swiss National Bank's decision to raise the threshold for the country's banks before they are hit with negative interest rates could halve the amount they end up paying the central bank, analysts' calculations suggest.

UBS considering expanding corporate cash charges if SNB cuts rates

18 Sep 2019

ZURICH, Sept 18 Switzerland's biggest bank UBS is considering charging a broader pool of corporate clients for cash holdings in its home country if the central bank drops rates tomorrow, the business's manager told journalists.

Activist investor AOC opposes Sunrise takeover of Swiss UPC

12 Sep 2019

ZURICH Activist investor Active Ownership Capital (AOC) has joined the ranks of shareholders that oppose Sunrise Communications' planned 6.3 billion Swiss franc ($6.36 billion) takeover of Liberty Global's UPC Swiss cable operator.

Exclusive: Freenet-led revolt against Sunrise's UPC deal gains allies

30 Aug 2019

ZURICH Sunrise Communications' proposed takeover of Liberty Global's Swiss UPC business faces a revolt with at least two big investors joining top shareholder Freenet in opposing the 6.3 billion Swiss franc ($6.46 billion) deal, sources said.

Swiss UBS ruling could open new doors on client data

26 Jul 2019

By Silke Koltrowitz, Angelika Gruber and Brenna Hughes Neghaiwi

Deutsche Bank looks to boost wealth management as part of reinvention

10 Jul 2019

ZURICH With other parts of its business facing hefty cuts, Deutsche Bank wants to expand its European operations handling the assets of rich clients and take market share from rivals after staunching the outflow of assets.

Credit Suisse wealth boss Khan quits in pursuit of top job

02 Jul 2019

ZURICH Credit Suisse wealth management boss Iqbal Khan is leaving Switzerland's second-largest bank in the latest high-level departure under Chief Executive Tidjane Thiam.

UBS believes regulatory costs have peaked, compliance chief says

28 May 2019

ZURICH UBS expects regulatory costs to remain significant over the coming years but to fall from the high levels the Swiss bank has faced since 2014, its compliance chief said on Tuesday.

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