Vontobel Faces Negative Outlook from Moody’s Amidst Leadership Changes and Asset Management Challenges

Zurich-based investment house Vontobel has received a negative outlook downgrade from Moody’s, one of the major American rating agencies. The agency attributes this downgrade to a lack of traction and performance in Vontobel’s asset management business. Over the past few months, the company’s fund business, which serves as its primary revenue source, has been experiencing […]

Vontobel Faces Negative Outlook from Moody’s Amidst Leadership Changes and Asset Management Challenges

Zurich-based investment house Vontobel has received a negative outlook downgrade from Moody’s, one of the major American rating agencies. The agency attributes this downgrade to a lack of traction and performance in Vontobel’s asset management business. Over the past few months, the company’s fund business, which serves as its primary revenue source, has been experiencing […]

Zurich Financial Firm Faces Turmoil as CEO Resigns and Cyber Attack Threatens Data Security

A Zurich-based financial company called Finaport has recently been in the spotlight due to its involvement with wealthy Russian clients and their money transfers through Swiss bank accounts. The media has dubbed the scandal “Finaport-Leaks,” and it has been part of a series of revelations, including the Panama Papers, Pandora Papers, and the recent “Cyprus […]

Zurich Financial Firm Faces Turmoil as CEO Resigns and Cyber Attack Threatens Data Security

A Zurich-based financial company called Finaport has recently been in the spotlight due to its involvement with wealthy Russian clients and their money transfers through Swiss bank accounts. The media has dubbed the scandal “Finaport-Leaks,” and it has been part of a series of revelations, including the Panama Papers, Pandora Papers, and the recent “Cyprus […]

UBS Confronts Obstacles in Merging Credit Suisse Wealth Management

The integration of Credit Suisse (CS) into UBS is facing challenges in the Swiss market. Concerns among CS bankers have arisen as UBS aims to present a positive image of the integration. The Central Switzerland region, which stretches from the Bernese Oberland to Solothurn, has become a hotbed for bankers switching to competitors. In addition, […]

UBS Confronts Obstacles in Merging Credit Suisse Wealth Management

The integration of Credit Suisse (CS) into UBS is facing challenges in the Swiss market. Concerns among CS bankers have arisen as UBS aims to present a positive image of the integration. The Central Switzerland region, which stretches from the Bernese Oberland to Solothurn, has become a hotbed for bankers switching to competitors. In addition, […]