ZURICH, Nov 13 Swiss exchange SIX expects its
traditional trading platform to be overtaken within a decade by
an alternative it is launching that will be based on blockchain
Zürich Seit drei Jahren läuft der Umbau bei Credit Suisse, auf der Zielgeraden gab es nun einen Rückschlag: Die Handelssparte der Schweizer Großbank rutschte im Sommer in die roten Zahlen und dürfte auch im Gesamtjahr das Ertragsziel verfehlen.
ZURICH Money manager GAM Holding AG suffered a 17.7 billion Swiss francs ($18 billion) slump in the value of its assets after the suspension of a top asset manager prompted investors to withdraw billions of francs from its funds, the company said on Tuesday.
* ABB looking at selling majority or minority stake -
LONDON/ZURICH, Oct 10 Swiss trainmaker Stadler
has hired big Swiss banks UBS and Credit Suisse
as global coordinators to help prepare an initial
public offering, an option long considered by billionaire owner
Peter Spuhler, two people close to the matter told Reuters.
ZURICH McDonald's hamburger buns maker Aryzta's plan to raise 800 million euros ($928.48 million) in new capital is excessive, the company's biggest shareholder said on Monday, adding it would present less-dilutive alternatives soon.
FRANKFURT/ZURICH Swiss trainmaker Stadler has hired corporate finance adviser Alantra to lay the groundwork for a possible initial public offering, sources told Reuters on Friday, an option long considered by the rail company's billionaire owner Peter Spuhler.
LONDON/FRANKFURT/ZURICH Saudi Basic Industries Corp (SABIC) is considering increasing its holding in Clariant and pursuing joint ventures as the Saudi firm looks to strengthen ties with the Swiss chemicals group, sources told Reuters.
ZURICH Russian oligarch Viktor Vekselberg has cut his holdings in Swiss companies OC Oerlikon and Schmolz + Bickenbach after a deal with minority shareholders and managers at his holding group, one of his companies said on Friday.
ZURICH/PARIS Worldline's $2.75 billion deal to buy the payments unit of Swiss exchange operator SIX Group, announced on Tuesday, could herald more consolidation in the industry, SIX's chairman told Reuters.