Edition:
United Kingdom

Brenna Hughes Neghaiwi

Swiss watchdog expects details on Facebook's Libra by end of month

20 Aug 2019

ZURICH Switzerland's privacy watchdog expects to receive details on Facebook's Libra cryptocurrency by the end of this month, a spokeswoman for the agency said on Tuesday.

BRIEF-Credit Suisse CEO: 10-11% RoTE won't be achieved if 2019 revenues not flat

31 Jul 2019

* CREDIT SUISSE CEO SAYS BANK SUFFERING FROM STRONG SWISS FRANC

Credit Suisse hails cost discipline as net profit jumps 45%

31 Jul 2019

ZURICH Credit Suisse posted its highest quarterly earnings in four years on Wednesday, hailing frugal cost management as paying off in a tough environment.

Swiss UBS ruling could open new doors on client data

26 Jul 2019

By Silke Koltrowitz, Angelika Gruber and Brenna Hughes Neghaiwi

Diversity helps UBS defy banking gloom with profit rise

23 Jul 2019

ZURICH UBS delivered its best second-quarter results in nearly a decade on Tuesday, as strength in Swiss retail and corporate banking helped to offset weakness in wealth management.

Julius Baer misses new money goal on Kairos outflows

22 Jul 2019

ZURICH Swiss private bank Julius Baer missed its target for net new client money in the first six months of the year as outflows from funds at its Italian subsidiary Kairos hampered growth at the rest of the business.

Givaudan first-half margins squeezed by raw materials, acquisitions

18 Jul 2019

ZURICH Givaudan beat first-half sales expectations on Thursday but margins at the Swiss fragrance and flavour maker shrank, knocking its shares.

Swiss Re puts off $4 billion ReAssure IPO citing weak demand

11 Jul 2019

ZURICH Reinsurance group Swiss Re suspended plans for a $4.1 billion (£3.3 billion) initial public offering of British life insurer ReAssure on the day it was set to start trading in London, citing weak demand from institutional investors.

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