United States

Oliver Hirt

Credit Suisse wealth boss Khan quits in pursuit of top job

Jul 02 2019

ZURICH Credit Suisse wealth management boss Iqbal Khan is leaving Switzerland's second-largest bank in the latest high-level departure under Chief Executive Tidjane Thiam.

Israel seeks Swiss help in overseas tax crackdown

Jun 26 2019

ZURICH Israel's finance ministry has sought help from Switzerland in identifying Israelis it believes have undeclared assets at Union Bancaire Privee (UBP) and Bank Julius Baer, Swiss government documents show.

Freenet hires Citi to explore better Sunrise-UPC deal: sources

Jun 03 2019

FRANKFURT/ZURICH Germany's Freenet has hired Citi to explore possible options for improving terms of the deal for Sunrise Communications -- in which it is the largest shareholder -- to buy Liberty Global's Swiss UPC cable business, sources close to the matter told Reuters.

GAM sales head Tim Rainsford frontrunner for CEO job - sources

May 24 2019

ZURICH/LONDON, May 24 Swiss asset manager GAM is poised to name an internal candidate to become its next chief executive, with head of sales Tim Rainsford the favourite to lead the firm as it attempts to rebuild after a scandal that collapsed its share price, according to sources familiar with the matter.

Sale of EQT's Swiss outsourcing company VFS stalls: sources

May 13 2019

FRANKFURT/ZURICH Buyout group EQT Partners is putting plans for a sale of outsourcing firm VFS on ice as suitors' views on valuation were too far away from EQT's expectations, people close to the matter said.

ABB zieht die Reißleine - Konzernchef Spiesshofer geht

Apr 17 2019

Zürich Mitten im größten Umbau der Firmengeschichte wechselt der Elektrotechnikkonzern ABB überraschend den Chef aus.

Swiss vending machine operator Selecta prepares IPO -sources

Apr 12 2019

ZURICH/FRANKFURT, April 12 Selecta, Europe's leading vending machine operator, is planning an initial public offering (IPO) on the Swiss stock exchange within months, people close to the matter said.

Alcon feiert Mega-Börsendebüt - Eisbrecher in Europa?

Apr 09 2019

Zürich/Frankfurt Bislang war 2019 für Börsenneulinge ein Jahr zum Vergessen - vor allem in Europa.

Julius Baer has Credit Suisse wealth manager Khan on list for CEO job: sources

Mar 29 2019

ZURICH Swiss bank Julius Baer is considering Credit Suisse's international wealth management head Iqbal Khan as a possible successor to its chief executive Bernhard Hodler, two sources familiar with the matter told Reuters.

Sunrise confident shareholders will back $6.3 billion Liberty Global deal

Mar 21 2019

ZURICH Sunrise Communications believes it can win shareholder backing to raise $4.1 billion to complete its takeover of Liberty Global's Swiss business, Chief Executive Olaf Swantee told Reuters.

World News

Iran tanker heads to Greece, U.S. warns against helping vessel

An Iranian tanker at the center of an angry confrontation between Iran and Washington sailed for Greece on Monday after it was freed from detention off Gibraltar, as Washington called the release unfortunate and warned Greece and Mediterranean ports against helping the vessel.