ZURICH Credit Suisse posted its first annual profit in four years on Thursday as a long-running restructuring plan made its mark but Switzerland's second-biggest bank warned of significant uncertainty on how markets will fare in the months ahead. | Video
ZURICH Swiss private bank and asset manager Vontobel posted a 14 percent rise in adjusted full-year net profit and confirmed increased 2020 targets despite a challenging environment it expects this year.
* PROPOSES MICHAEL HALBHERR AND BARRY STOWE FOR ELECTION TO
BOARD OF DIRECTORS
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ZURICH UBS has received approval from a London court to move up to 32 billion euros ($36.44 billion) in assets from Britain to Germany as part of plans to keep business in the European Union after Brexit.
ZURICH, Feb 6 Credit Suisse is hiring
senior wealth managers from rivals JPMorgan and J. Safra
Sarasin as part of a push to grow its business in Latin America
as quickly as it grows its Swiss client base.
ZURICH Julius Baer plans to axe 130-140 jobs, or around 2 percent of its workforce, as part of a cost-cutting plan announced on Monday, after a tough end to 2018 caused the Swiss private bank to scale back growth targets.
* CEO SAYS M&A POSSIBLE TO GROW IN CORE AND STRATEGIC
ZURICH The stubborn difference between what men and women earn in Switzerland is becoming harder than ever to explain since the turn of the millennium, the government found.
ZURICH UBS, the world's biggest wealth manager, has appointed corporate banking veteran Christian Rosset to lead a new wealth management team tasked with strengthening corporate offerings for entrepreneur clients, the bank told employees this week.