Cinerius Financial Partners, a Zug-based company, has made a significant move in its development by acquiring SSI Wealth Management, an independent asset manager located in Bäch SZ. This acquisition brings the total number of partner companies under Cinerius’ umbrella to eight. SSI Wealth Management, founded in 2010, employs around 20 people and manages CHF 2 […]
UBS top manager Iqbal Khan has denied any responsibility for the Greensill scandal that rocked Credit Suisse. In an interview with NZZ am Sonntag, Khan stated that he had never met or spoken with Alexander “Lex” Greensill, the founder of Greensill Capital. He also emphasized that both internal and external investigations by the Swiss Financial […]
UBS top manager Iqbal Khan has denied any responsibility for the Greensill scandal that rocked Credit Suisse. In an interview with NZZ am Sonntag, Khan stated that he had never met or spoken with Alexander “Lex” Greensill, the founder of Greensill Capital. He also emphasized that both internal and external investigations by the Swiss Financial […]
The involvement of the Zurich private bank with Austrian entrepreneur and investor René Benko is turning into a disaster. Last Monday, Bank Julius Bär announced that it had granted a loan of 606 million Swiss francs to a European conglomerate. The loan consists of three tranches, each worth 200 million Swiss francs. Further investigations have […]
The involvement of the Zurich private bank with Austrian entrepreneur and investor René Benko is turning into a disaster. Last Monday, Bank Julius Bär announced that it had granted a loan of 606 million Swiss francs to a European conglomerate. The loan consists of three tranches, each worth 200 million Swiss francs. Further investigations have […]
The Geneva Financial Center Foundation has appointed the CEO of Julius Bär, Philipp Rickenbacher, to its supervisory board. This comes at a time when Rickenbacher is facing a highly unpleasant phase due to the Signa debacle with the private bank. Geneva Financial Center (GFC) has announced the appointment of Philipp Rickenbacher and Frédéric Berney as […]
The Geneva Financial Center Foundation has appointed the CEO of Julius Bär, Philipp Rickenbacher, to its supervisory board. This comes at a time when Rickenbacher is facing a highly unpleasant phase due to the Signa debacle with the private bank. Geneva Financial Center (GFC) has announced the appointment of Philipp Rickenbacher and Frédéric Berney as […]
The banking sector is recognizing the potential of generative artificial intelligence (Gen-AI), according to a study by McKinsey. Executives in the industry believe that Gen-AI will fundamentally change the way they do business. However, scaling these projects presents new challenges. Banks need to determine how and where to effectively use AI and ensure that the […]
The banking sector is recognizing the potential of generative artificial intelligence (Gen-AI), according to a study by McKinsey. Executives in the industry believe that Gen-AI will fundamentally change the way they do business. However, scaling these projects presents new challenges. Banks need to determine how and where to effectively use AI and ensure that the […]
Swiss pension funds are exploring the possibility of changing their service providers following the merger of UBS and Credit Suisse. This move is driven by the desire to diversify investments and reduce concentration risks in the financial market. While some funds are already considering new tenders for specific services, experts predict that significant market shifts […]
