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 […]