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 […]
Swiss Life, the largest life insurer in Switzerland, is preparing for a leadership transition as CEO Patrick Frost steps down in May. Frost, who is retiring at the age of 58, has expressed his desire to focus on strategic tasks and will have the opportunity to eventually succeed Chairman Rolf Dörig. Although there are no […]
Swiss Life, the largest life insurer in Switzerland, is preparing for a leadership transition as CEO Patrick Frost steps down in May. Frost, who is retiring at the age of 58, has expressed his desire to focus on strategic tasks and will have the opportunity to eventually succeed Chairman Rolf Dörig. Although there are no […]
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 […]
Raiffeisen Bank’s chief economist, Fredy Hasenmaile, has issued a warning about the challenging situation facing the Swiss economy. He predicts that the country’s economic growth will be sluggish in the coming year, citing the persistent strength of the Swiss franc as the main factor. This is particularly impacting the traditional manufacturing industry and exacerbating the […]
Raiffeisen Bank’s chief economist, Fredy Hasenmaile, has issued a warning about the challenging situation facing the Swiss economy. He predicts that the country’s economic growth will be sluggish in the coming year, citing the persistent strength of the Swiss franc as the main factor. This is particularly impacting the traditional manufacturing industry and exacerbating the […]
The Danish bank, Saxo Bank, has once again released its “outrageous predictions” for the upcoming year. These predictions, which are not endorsed by the bank, focus on unlikely events that would have a significant impact on the financial markets.According to Saxo Bank’s analysts, Saudi Arabia will acquire the rights to the Champions League, the price […]
The Danish bank, Saxo Bank, has once again released its “outrageous predictions” for the upcoming year. These predictions, which are not endorsed by the bank, focus on unlikely events that would have a significant impact on the financial markets.According to Saxo Bank’s analysts, Saudi Arabia will acquire the rights to the Champions League, the price […]
