LONDON/ZURICH China Pacific Insurance is pressing ahead with a London listing under a stock link scheme between Britain and China, it said on Tuesday, defying the market turmoil wrought by COVID-19.
ZURICH/LONDON/FRANKFURT U.S. buyout group KKR is preparing to inject funds into Swiss vending machine company Selecta, which is saddled with debts and faces a loss of business due to the coronavirus crisis, four sources close to the matter said.
ZURICH UBS wants to double the amount of assets under management at its business targeting wealthy clients in Russia and central and eastern Europe, a senior manager told Reuters.
FRANKFURT/ZURICH Swiss regulators have requested electronic messaging data from the mobile phones of several Credit Suisse managers and supervisory board directors as part of a probe into spying at the bank, three people familiar with the matter said.
ZURICH UBS is seeking to boost its wealth management business in Russia and the broader central and eastern Europe region with a senior hire from JPMorgan and a new head of wealth management for Russia.
ZURICH, May 12 UBS is seeking to boost
its wealth management business in Russia and the broader central
and eastern Europe region with a senior hire from JPMorgan
and a new head of wealth management for Russia.
ZURICH Geneva-based Reyl plans to launch Switzerland's first digital private bank next year, targeting customers who are wealthy rather than super-rich and seeking to undercut more established asset managers, a partner at Reyl told Reuters.
Frankfurt/Zürich Europas Großbanken stellen sich auf einen Wirtschaftseinbruch mit milliardenschweren Kreditausfällen ein.
ZURICH Falcon Private Bank, a wealth manager that was at the centre of Malaysia's 1MDB scandal, could lose its Swiss banking licence by the end of the week, two sources close to the situation told Reuters.
Zürich Die Credit Suisse legt die Messlatte für die übrigen europäischen Großbanken hoch: Trotz Corona-Krise konnte der neue Konzernchef Thomas Gottstein am Donnerstag einen Gewinnsprung von 75 Prozent auf den höchsten Wert der vergangenen fünf Jahre präsentieren.