Cinerius Financial Partners Expands with Acquisition of SSI Wealth Management

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 Wealth Management Chief Iqbal Khan Denies Involvement in Greensill Scandal, Announces Ambitious Growth Plans

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 Wealth Management Chief Iqbal Khan Denies Involvement in Greensill Scandal, Announces Ambitious Growth Plans

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 […]

Zurich Bank’s Loan to René Benko’s Signa Group Turns into a Disaster

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 […]

Zurich Bank’s Loan to René Benko’s Signa Group Turns into a Disaster

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 […]

Swiss Fintech Startup Findependent Obtains Finma License as Asset Manager

Swiss fintech startup Findependent has obtained the necessary license from the Swiss Financial Market Supervisory Authority (FINMA) to operate as an asset manager. This license, which will be valid from November 21st, allows Findependent to continue offering its investment app to customers. The company recently expanded its reach by adding French and English language versions […]

Swiss Fintech Startup Findependent Obtains Finma License as Asset Manager

Swiss fintech startup Findependent has obtained the necessary license from the Swiss Financial Market Supervisory Authority (FINMA) to operate as an asset manager. This license, which will be valid from November 21st, allows Findependent to continue offering its investment app to customers. The company recently expanded its reach by adding French and English language versions […]

Julius Bär CEO Joins Geneva Financial Center Board Amidst Signa Debacle

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 […]