Interim boss says Swiss bank is ‘regaining momentum’ after ‘challenging start to the year’
Given the presence of a beefed-up UBS, extra scale is needed
New head replaces Philipp Rickenbacher who left in February over Signa exposure
The Swiss wealth manager was primed to capitalise on Credit Suisse’s collapse. Instead, loans to René Benko’s Signa claimed its CEO’s job
Philipp Rickenbacher will leave Swiss wealth manager after loans to troubled property group soured
Philipp Rickenbacher will be replaced by his deputy as bank exits its private debt business
Swiss wealth manager’s decision comes amid financial crisis at Austrian property group Signa
Quantifying its single client exposures would be one way for Baer to settle market nerves
Swiss lender has taken $79mn in ‘valuation adjustments’ against its loan book since the end of October
$22mn case exposes the risks in opaque world of Zürich’s independent wealth advisers
Strong economic growth has boosted prosperity and increased the demand for financial planning and investment advice
Investors will be disappointed there has been no immediate flood of new business from the failed Swiss bank
Swiss private bank on hiring push as it forecasts strong growth
Philipp Rickenbacher says crisis of confidence in global banking far from over
Banks have experimented with headsets and pixelated avatars to interact with clients
Near term for the Swiss private bank, cyclical challenges create dissonance
Swiss wealth manager sounds optimistic note as client risk appetite returns despite 26% drop in first-half net income
Swiss bank benefits as wealthy clients traded more during last year’s surge in equity markets
A business built on transformational deals is ready for the next one
Swiss bank attracts SFr10bn in new client money and reports rise in advisory fees
It is unlikely to be smooth sailing for Swiss private bank this year
Volatile market conditions during pandemic allow Swiss bank to increases profits by 50%
Move relates to Boris Collardi and Bernhard Hodler’s role in connection with South American money-laundering scandal
Swiss private bank seeks to draw a line under money-laundering scandals
Internal probe penalises Boris Collardi and Bernhard Hodler over money-laundering scandal
