Edition:
International

Brenna Hughes Neghaiwi

UBS clients raise $650 million for biggest yet biotech impact fund

Oct 06 2021

(Correct spelling of name to Haefele from Heafele in 7th paragraph)

Swiss Re estimates Hurricane Ida claims at $750 million, Europe flooding at $520 million

Oct 05 2021

ZURICH Swiss Re has estimated its preliminary claims burden from Hurricane Ida at $750 million, the reinsurer said on Tuesday, while updating its loss estimate for the July floods in Europe to approximately $520 million.

Credit Suisse shareholders back board's risk reinforcements

Oct 01 2021

ZURICH (Reuters) -Credit Suisse shareholders approved the appointment of two external risk experts to the board of directors, as Chairman Antonio Horta-Osorio reaffirmed his strategy to overhaul the Swiss bank.

Scandal-hit Credit Suisse names new interim heads of internal audit - memo

Sep 30 2021

ZURICH (Reuters) -Credit Suisse has appointed company veterans Nitesh Patel and Roger Senteler as interim co-heads of group internal audit, Switzerland's second-biggest bank told employees as it tries to recover from grave risk-management lapses.

Swiss propose liquidity rules costing banks little or nothing extra

Sep 30 2021

ZURICH Switzerland proposed updated rules to ensure major banks hold enough liquidity to absorb shocks, but the draft changes will cost banks little or nothing in additional capital and liquidity holdings, government documents showed on Thursday.

Divided Swiss to vote on same-sex marriage

Sep 22 2021

By Silke Koltrowitz, Brenna Hughes Neghaiwi and Cecile Mantovani | Video

Divided Swiss to vote on same-sex marriage after fraught campaign

Sep 22 2021

By Silke Koltrowitz, Brenna Hughes Neghaiwi and Cecile Mantovani

Credit Suisse taps new Israeli market head following departures

Sep 16 2021

ZURICH Credit Suisse has appointed Andreea Grob as its new market head in Israel following the departures of two top managers in the country, the bank told employees in an internal memo.

Swiss gov't lowers 2021 economic forecast on global pressures

Sep 16 2021

ZURICH Switzerland's economy is expected to grow by 3.2% this year, the government said on Thursday, lowering its full year outlook as a less sunny global picture limited Switzerland's recovery.

World News

ASEAN excludes Myanmar junta leader from summit in rare move

BANDAR SERI BEGAWAN (Reuters) -Southeast Asian countries will invite a non-political representative from Myanmar to a regional summit this month, delivering an unprecedented snub to the military leader who led a coup against an elected civilian government in February.