Category Archive: 3) Swiss Markets and News

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Investec
Investec is a distinctive Specialist Bank and Asset Manager. We provide a diverse range of financial products and services to a niche client base in three principal markets, the United Kingdom, South Africa and Australia, as well as certain other geographies. Investec’s strategic goals are motivated by the desire to develop an efficient and integrated business on an international scale through the active pursuit of clearly established core competencies in the group’s principal business areas.

Swiss Corporate Merger Activity Dampened by Covid

The coronavirus pandemic left its mark on mergers and acquisitions (M&A) in Switzerland last year. The volume of transactions halved, and the number of deals was also down. Overall, the number of transactions with Swiss participation fell from 402 to 363. At $63.1 billion (CHF56 billion), the transaction volume was only half what it was in 2019 – mainly owing to the absence of mega-deals, consultants KPMG said on Thursday.

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Why does Davos Man get it so wrong?

The World Economic Forum should put global leaders in the audience to listen to social workers, virologists and reporters, argues Simon Kuper.

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Top Swiss banker Collardi reprimanded by financial watchdog

Former Julius Bär CEO Boris Collardi has had his knuckles rapped by the Swiss Financial Market Supervisory Authority (FINMA) following an investigation into money laundering.

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Swiss multinationals draw blurry political lines in the sand

Our analysis of what the biggest global companies in Switzerland are up to. This week: corporate funding in politics, diamond billionaire on trial and high hopes for the economy.

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Swiss probing corruption linked to Lebanon central bank

The Swiss attorney general's office has requested legal assistance from Lebanon in the context of a probe into "aggravated money laundering" and possible embezzlement tied to the Lebanese central bank, Reuters reports from Beirut.

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WEF warns of ‘increasing disparities’ due to Covid-19 pandemic

Infectious diseases, extreme weather events and cybersecurity problems pose key threats to society in the next two years, the World Economic Forum (WEF) warns. The Covid-19 pandemic looks set to have a lasting impact in the next ten years.

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A Swiss sausage maker in Denver

Born in Zurich, Eric Gutknecht came to the US with his parents when he was a little boy. Today he runs a sausage factory in Colorado. Gutknecht did two charcuterie-making apprenticeships in Switzerland. His professional experience includes teaching economics and working as a business analyst. In 2003, he and his wife, Jessica, took over the family sausage business in Denver. Today, CharcūtNuvo provides grocery stores and Swiss clubs all over the...

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UBS we.trade | Expliqué simplement

Dans ce volet de «faire simple», Cédric nous présente UBS we.trade. Un indice: aucun jargonnage! On aime vous conseiller. Même quand ça se complique. https://www.ubs.com/wetrade

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UBS we.trade | Einfach erklärt

In dieser Folge "Keep it simple" erklärt Didier UBS we.trade. Der Clou: Fachbegriffe sind tabu. Wir beraten Sie gerne. Auch wenn's kompliziert wird. https://www.ubs.com/wetrade

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UBS Flexible FX Forward | Expliqué simplement

Dans ce volet de «faire simple», Jan nous présente UBS Flexible FX Forward. Un indice: aucun jargonnage! On aime vous conseiller. Même quand ça se complique. https://www.ubs.com/ch/fr/corporates/international/currency-risk

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Change to the UBS Board of Directors

The UBS Board of Directors announced today that Beatrice Weder di Mauro is not standing for re-election to the Board of Directors of UBS Group AG and UBS AG. She has informed the Board of her decision to step down after serving since 2012.

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Covid: 17,245 cases and 387 deaths reported in Switzerland this week

This week, Switzerland’s Federal Office of Public Health (FOPH) reported 17,245 positive Covid-19 cases and 387 deaths.

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Swiss Inflation turns negative in 2020

During 2020, average annual inflation was –0.7%, according to Switzerland’s Federal Statistical Office (FSO). In December 2020, Switzerland’s consumer price index (CPI) fell by 0.1% compared with November 2020. Compared to December 2019, prices in December 2020 were 0.8% lower. Annual inflation reached -0.7% across the full year.

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Covid: Switzerland reaches 66,000 vaccinations against the virus

Switzerland’s Federal Office of Public Health (FOPH) recently reported that 66,000 people in Switzerland had been vaccinated against the SARS-CoV-2 virus that causes Covid-19. The number was communicated by Nora Kronig of the FOPH during a press conference in Bern on Thursday 14 January 2020.

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Covid: tension rises between Switzerland’s scientists and politicians

Tension between Switzerland’s scientists and politicians is rising, according to RTS. On Saturday, Christian Althaus, an epidemiologist working for the Swiss National COVID-19 Science Task Force, Switzerland’s scientific Covid advisory team, announced his resignation and voiced his frustration on Twitter.

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Long Covid symptoms persist beyond 7 months, according to new data

Recent research based on information from 3,762 Long Covid sufferers shows most still have symptoms after 7 monthsThe study uses patient-driven research and is based on a survey created by a team of patients with COVID-19 who are members of the Body Politic online COVID-19 support group.

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UBS to close a sixth of its Swiss branches

The closures will affect 44 of the bank’s 239 branches in the country, mainly smaller ones, UBS confirmed on Tuesday. The bank plans to continue beefing up its online offers.

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Covid: Switzerland grants approval for second vaccine

On 12 January 2021, Swissmedic, the Swiss agency for the authorisation and supervision of pharmaceutical products, approved a second vaccination against the SARS-CoV-2 virus for the Swiss market.

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Covid-hit restaurants call for ‘compensation now’

Half of all hotel and restaurant businesses in Switzerland will go bankrupt by the end of March if they do not receive immediate financial compensation for the effects of coronavirus restrictions, warns the sector’s umbrella organisation.

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Swiss mom an ‘unofficial cultural ambassador’ in America

She kept dreaming of being on a plane that never reached its destination. Those dreams stopped about a year after moving to Colorado. “The pilot would drop us off in a desert, or in the Alps, or the luggage would blow away,” remembers Regula Grenier, who has lived in Colorado since 2007. She sees the end of those dreams as a sign that she’s finally found the right place to live. Originally from Einsiedeln in central Switzerland, Grenier quips...

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