ZURICH Proxy adviser Ethos Foundation on Friday recommended UBS shareholders reject all of the Swiss bank's executive and board pay proposals at its annual general meeting, including binding votes on bonuses and pay packages.
* JULIUS BAER CEO SAYS BANK'S INTERNAL INVESTIGATION
INDICATIONS THAT FORMER EMPLOYEE MATTHIAS KRULL'S CRIMINAL
ACTIVITY OCCURRED WITHIN JULIUS BAER GROUP OR THAT OTHER
EMPLOYEES WERE INVOLVED
ZURICH Crimefighters in Switzerland and Brazil pledged to intensify cooperation to resolve the sprawling corruption case linked to state oil firm Petrobras in which around 700 million Swiss francs ($701 million) remain frozen in Switzerland.
ZURICH Switzerland and the United States signed an agreement on Friday for the neutral country to represent U.S. interests in Venezuela, which broke off diplomatic relations with Washington after it recognised the opposition leader as president.
ZURICH, March 29 Swiss train maker Stadler Rail
on Friday said it plans to list on the Swiss bourse on or around
April 12, setting a price range between 33 and 41 Swiss francs
($33-$41) per share for its initial public offering (IPO).
ZURICH Swiss bank Julius Baer is considering Credit Suisse's international wealth management head Iqbal Khan as a possible successor to its chief executive Bernhard Hodler, two sources familiar with the matter told Reuters.
ZURICH Credit Suisse Chief Executive Tidjane Thiam was awarded 12.65 million Swiss francs ($12.74 million) in total compensation in 2018, the group's annual report showed on Friday.
ZURICH, March 22 Credit Suisse Chief
Executive Tidjane Thiam was awarded 12.65 million Swiss francs
($12.74 million) in total compensation in 2018, the group's
annual report showed on Friday.
ZURICH UBS is to cut an extra $300 million (227 million pounds) in costs in 2019 after investment banking revenues plunged in the first quarter, Switzerland's biggest bank said, sounding a pessimistic note about full-year prospects.