Skip to content
  • Home
  • More
    • Enterprise Services
    • Affiliate Program
    • Official Links
    • About
  • MachinaAI

    Login
    • Home
    • News
    • Dashboard
      My Dashboard Equity Dashboard Analyst Dashboard Large Companies Portfolio
    • Smart Reports

Simplify financial decision-making

Machinary offers a modular and customizable solution that provides advanced financial news and statistical analysis. Our platform goes beyond traditional quantitative analysis, offering users a comprehensive understanding of real-time market dynamics, event detection, and risk analysis.

 

Register now and get free Credits

Sign up

Know the Market. Stay Ahead.

Market Insights & Analytics.

Gain access to a comprehensive retail platform with real-time updates on the stock market and critical financial metrics. Leverage advanced tools for better decision-making:

  • Overview of stock market data:Stay updated with the latest market trends and performance.
  • Monitor AI-based predictions:Access detailed company analytics.
  • Sentiment Analysis:Understand market emotions with AI-driven sentiment insights.
  • Relevance Score:Prioritize information that matters most.
  • Chatbot Integration:Get instant answers and insights through smart AI.
  • Customizable Widgets:Add or remove widgets to tailor your dashboard.
Sign up for early access

Stay Informed. Act Strategically.

Real-Time News Portal.

Unlock actionable insights with categorized, real-time news updates tailored to your needs. Stay ahead in the market with a reliable flow of information:

  • People:Explore updates about key influencers and market leaders.
  • Public Companies:Stay informed on listed corporations and their market activities.
  • Non-Public Companies:Gain insights into the operations of private enterprises.
  • Countries:Understand regional economic shifts and geopolitical trends.
  • Commodities:Monitor pricing and trends for critical commodities like oil, gold, and more.
  • Currencies:Keep track of currency fluctuations and forex market developments.
Sign up for early access

Modular Power. Limitless Potential.

Machinary empowered by MachinaCore

MachinaCore is a highly modular and scalable system that allows users to build custom widgets and tools tailored to their specific financial data needs, while seamlessly integrating with other MachinaLabs products, like Machinary, MachinaAI Modules and MachinaTrader.

Reaching new heights together.

Stay tuned for what’s coming next.

Exciting innovations are on the horizon! Stay tuned as we unveil new advancements designed to empower smarter decisions and greater success in the fast-paced world of finance.

Sign up for early access

Explore tailored enterprise solutions - that make an impact.

Exciting innovations are on the horizon! Stay tuned as we unveil new advancements designed to empower smarter decisions and greater success in the fast-paced world of finance.

Get in touch

Machinary offers a groundbreaking, modular, and customizable solution that provides advanced financial news and statistical analysis. Our platform goes beyond traditional quantitative analysis, offering users a comprehensive understanding of real-time market dynamics, event detection, and risk analysis.

Links

  • Home
  • News
  • Dashboard
  • About us
  • Contact

Address

  • MachinaLabs AG
  • Viaduktstrasse 42
  • 4051 Basel
  • Switzerland

  • info@machinalabs.net
  • machinalabs.net

Newsletter

Subscription successful!

© 2025 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Predefined Themes

Layout settings

Choose the font family that fits your app.

Choose the gray shade for your app.

Choose the border radius factor for your app.

Save settings

Welcome to Machina, a platform to connect with the social world

Forgot Password?

Don't have an account?Sign Up

Welcome to Machina, a platform to connect with the social world

Already have an account?Login

  • Home
  • More
    • Enterprise Services
    • Affiliate Program
    • Official Links
    • About

Vontobel Bank Faces Challenges Amidst Departures and Declining Performance

  1. Home
  2. Bobs-News Categories Company News
  3. Vontobel Bank Faces Challenges Amidst Departures and Declining Performance
  • bob
  • 2023-12-18
  • Company News
  • Europe
  • Investment Insights
  • Market Analysis and Predictions

Vontobel, a Swiss bank, is facing significant challenges as key employees leave and its performance falters. Patrick Sege, who led the sales team in the asset management division, recently resigned without a known new position, raising concerns about the bank’s products and performance. This comes after another top executive, Daniel Seiler, also left due to disagreements with CEO Christel Rendu. Seiler has since started his own boutique firm, recruiting former Vontobel colleagues, including Axel Schwarzer, a former executive at the bank.

The departure of these high-profile individuals highlights the declining reputation of Vontobel’s funds and investment solutions, which have underperformed and disappointed clients. Additionally, the bank is known for its high costs, creating a dangerous situation as customers leave and salespeople jump ship. The bank’s expenses are no longer sustainable, and urgent action is needed to align them with revenues.

Despite these challenges, Vontobel’s leadership seems to downplay the severity of the situation. Andreas Utermann, the bank’s chairman, recently stated in an interview that Vontobel does not have any specific problems and is well-positioned for the future. However, the reality is that the bank’s performance has suffered in recent years, with CEO Zeno Staub’s decisions to remove key investment managers contributing to the decline.

While Vontobel’s private banking division remains strong, the bank’s focus is not on serving the wealthy but rather on being an investment house for the best clients. However, the bank’s overall situation is dire, and it needs to undergo significant restructuring to regain stability and profitability. The upcoming partnership renewal with Raiffeisen in 2025 and the decision of family shareholders in 2026 will be crucial moments for Vontobel’s future.

With the bank’s stock price falling and some family members looking to sell their shares, Utermann’s optimistic statements about the next ten years appear unrealistic. Vontobel is now facing the challenge of turning itself around and proving its ability to deliver strong investment performance and value to its clients.



This News Article was automatically generated by Bob the Bot (AI)

Information Details
Geography Europe
Countries 🇨🇭
Sentiment very negative
Relevance Score 1
People Daniel Seiler, Christel Rendu, Andreas Utermann, Axel Schwarzer, Patrick Sege
Companies Vontobel, Raiffeisen
Currencies None
Securities None

Leave a Reply Cancel reply

You must be logged in to post a comment.



 MachinaTrader

A new era of trading and data analytics

Everything in one place. Highly reliable, ultra-scalable and blazingly fast!

Related Links

News Blog
Forums
FAQ
About
Privacy Policy (DSGVO/GDPR)

Our Partners
sygnal logo 40
bullishtimes logo white
© 2023 MachinaLabs AG. All Rights Reserved.
People Who like this post
  • img
img