Press Releases / Reports:

NZB Neue Zürcher Bank was the first bank in Zurich to go live with the B-Source Master, the new Business Process Outsourcing (BPO) solution powered by Avaloq. B-Source has been providing NZB with full BPO services, which include back office administration processes as well as comprehensive information technology services since 2002


SYZ & CO: Review of global economic activity. Because the image can be more convincing than words, the bank selects 10 charts illustrating the key data, which were marked by economic activity during the month, deciphering their meaning with a brief explanation


Securities and Exchange Commission Chairman Mary Schapiro and UK Financial Services Authority (FSA) Chairman Adair Turner and Chief Executive Hector Sants met in London as part of the SEC - FSA Strategic Dialogue - Press Release


Morval Vonwiller Holding S.A.: Official growth figures for the Q4 of 2009 - Mr Macro’s Opinion (Press Release, January, 2010)


JB has successfully completed the acquisition of ING Bank (Switzerland) Ltd. that was announced in October 2009. The integration of the new business units is progressing as planned


Thematic Focus: Dividend yield as an investment argument? Dividend yield is only one of many stock selection criteria. However, dividend payouts assume more importance when stock markets suffer from lacklustre performance, as they are likely to do in 2010


Economic Survey of Switzerland 2009: The OECD assessment and recommendations on the main economic challenges faced by Switzerland. An Economic Survey is published every 1½-2 years for each OECD country


The Federal Department of Finance (FDF) has taken note of the US proposal on introducing a special tax on the largest financial institutions. It will analyse the draft legislation from the US Department of the Treasury as soon as this is available


Foreign trade policy and the financial and economic crisis approved the Foreign Economic Policy report on 13 January 2010. Last year, the Federal Council’s foreign economic policy focused primarily on overcoming the financial and economic crisis. Switzerland stepped up its drive to counter financial and commercial protectionism while seeking to further improve the domestic market environment and conditions for the export economy


Michael Ambühl is to become State Secretary for International Financial and Tax Matters in the FDF: In its meeting, the Federal Council appointed Michael Ambühl as the State Secretary for International Financial and Tax Matters in the Federal Department of Finance (FDF)


How real is the sovereign default bogey? “I used to think, if there was reincarnation, I wanted to come back as the President or the Pope or a .400 baseball hitter. But now I want to come back as the bond market. You can intimidate everybody.” - James Carville Campaign strategist to Bill Clinton. Bond yields have risen sharply in recent weeks…


The Swiss Financial Market Supervisory Authority FINMA has withdrawn the banking licence and securities dealing licence of Aston Bank, Lugano. FINMA has determined that the bank had severe organisational failings and was overindebted. Liquidation proceedings have therefore been launched. Investors who hold privileged deposits are covered by the Deposit Protection Scheme


Union Bancaire Privée announced that they have hired Emmy Labovitch as Head of Marketing for Asset Management. Before joining UBP, Emmy Labovitch was Global Head of Marketing at Fortis Investments


Jan.2010 - Monthly Investment Letter - Bank Dominick. Investment Letter is, as every year, dedicated, first, to an analysis of the movements of the past 12 months and, second, to Bank view of the trends in the financial markets in the coming year


IHAG: Quarterly report, Interest rates 2006/2009 (10-year), Currencies 2006/2009, Equity indices, Global sector trends. Gold fever the harbinger… Of turbulent times ahead?


Monthly Report Dec. 2009 - Which strategy is better in the current market environment? Value versus growth


Mirabaud has signed an agreement with Venture Finanzas Group, initially with an eye to acquiring a minority participation in the company’s share capital. Venture Finanzas is active in brokerage, analysis, management and distribution of funds


Swiss Bankers Association welcomes Swiss government’s financial market strategy paper – Strategic goals identical with those of the banking sector – Abolition of stamp duty necessary


Frey & Co: At the moment it is virtually impossible to find a retrospective of 2008 that does not center on the current financial meltdown: the crisis is omnipresent, and no talk of its bottoming out will allay fears that it may yet descend to even deeper troughs. The value of the assets entrusted to us by our clients has not remained entirely undiminished either, and this we naturally regret. Nevertheless, we can say that although our Bank has been marginally affected by the upheavals, we still managed to keep our distance from the epicenter…


Settlement between Credit Suisse and U.S. authorities regarding breach of U.S. sanctions – clarifications by FINMA. In December 2009, Credit Suisse signed a settlement with various U.S. authorities regarding breaches of U.S. law. The settlement covers USD payments processed for persons from countries subject to U.S. economic sanctions. FINMA has followed this case closely from the outset. It has harshly reprimanded the Bank for its actions in light of Swiss supervisory law and has requested disciplinary measures


Analysis of the Top20-Private-Banking-Websites: Benchmarking, Best Practice, Evaluation, Recommendations (December 2009). Overall, the report titled “How Wealth Managers Win Clients Online” came to the conclusion that the biggest Wealth Managers have no reason yet to be satisfied with their Internet presence…


EFG Bank AB, EFG International’s business in Sweden, is headquartered in Stockholm and has a presence in Gothenburg, as well as in Helsinki, Finland. In addition to its institutional and third party distribution operations, it has two private banking businesses - in its own name and boutique private banking business Quesada – and has a strong niche serving overseas Scandinavians. With a record as a financial innovator in Sweden, EFG Bank believes there is scope to significantly expand its activities going forward


Grace Barki joins Bank Sarasin as Head of Southeast Asia: Bank Sarasin & Co. Ltd has named Grace Barki as a Vice Chairman and Head of Southeast Asia at its Singapore subsidiary, Bank Sarasin-Rabo (Asia) Limited. Barki reports directly to Enid Yip, Chief Executive Officer, Asia


The Vontobel Group and Switzerland’s Raiffeisen Group are to extend their existing cooperation, which started in 2004, through to 2017, thus ensuring the successful continuation of a partnership that is unique in the Swiss financial sector. As part of this close cooperation, Raiffeisen will use Vontobel products and services to further position itself as an investment bank. Vontobel will also continue to carry out securities settlement and administration for the Group


Actively shaping change from a position of strength. Successful Transition To A New Generation


Banque Syz & Co. S.A.: Latest Research Report - December Market Outlook


Pictet & Co: Almost another spectacular month for equities. The first half of November saw this year’s bull market back in full strength, only for it be abruptly halted when Dubai World stunned markets by asking its lenders to freeze its debt obligations. The incipient panic has since faded, but the episode has reminded investors that the dangers of excessive debt, which brought the global financial system to its knees last year, still lurk


Gonet Bank: Monthly Review December 2009 - Bank’s Strategy, Economy, Asset Allocation, Equities, Bond Markets. The Theme of the Month: Royal Dutch Shell - restructuring, production growth and the dividend yield provide an interesting re-rating potential


EFG: changes to its Boards of Directors


Two appointments to the Executive Board of Bank Julius Baer: The Board of Directors has appointed Giovanni Flury and Yves Robert-Charrue as Members of the Executive Board of Bank Julius Baer & Co. Ltd. as of 1 January 2010. Giovanni Flury will succeed Bernard Keller as Head of the market region Ticino and Italy, while Yves Robert-Charrue will become the new Head of the Bank’s Investment Solutions Group…


Union Bancaire Privée’s Outlook 2010. After the ice age comes the thaw. The climate at the end of 2009 is confirming that the economic recovery is under way, albeit at contrasting speeds in the G7 and the emerging economies: Asia should be sizzling while the Western growth model is set to remain distinctly lukewarm. Overall, financial markets are getting back on their feet and investment opportunities abound. Emerging markets’ equities still seem preferable to bonds but blue chips and defensive names are increasingly appealing. Whilst a depression has been averted, some other extreme risks are being generated by the drastic reflation policies


SIX Swiss Exchange partners with SmartPool to deliver Swiss Block the non-displayed liquidity service for Swiss blue-chips


Edouard Cuendet appointed secretary-general of the groupement des banquiers prives genevois - Press Release


ASSOCIATION OF FOREIGN BANKS IN SWITZERLAND: Martin Maurer, Secretary General - Banking Secrecy in Europe


After the setback caused by the global economic crisis, the solar energy business will rally again sharply as early as next year. This is confirmed by the latest research report from Bank Sarasin, just published under the title “Solar industry 2009: the first green shoots of recovery”. Global growth in the photovoltaics (PV) market is forecast to reach 46% in 2010. Although Switzerland is not a significant motor of global growth, its solar energy industry will enjoy significant gains. Swiss companies are global leaders in the research and development of new technologies. One example is Airlight Energy (ALE), which designs and builds concentrating solar power (CSP) plants. The company has developed a revolutionary solar collector based on a pneumatically stabilised structure. The solar receiver uses air as a heat conductor, rather than oil or water, and its simple and economical installation means it costs half as much as a traditional design


The seventh session of the WTO Ministerial Conference will take place in Geneva from 30 November to 2 December. At the meeting Federal Councillor Doris Leuthard will strive for a strengthening of WTO bodies, a swift conclusion to the Doha Round and a forward looking approach on the part of the WTO. In particular, the organisation should also do its part to tackle global warming. On the fringes of the Conference, Federal Councillor Leuthard will hold numerous bilateral meetings and chair a G10 Ministerial Conference


The Swiss Financial Market Supervisory Authority is conducting an investigation into potential breaches of disclosure obligations in connection with the building of a major stake in sia Abrasives. In this connection, it is initiating proceedings against the investor Giorgio Behr and other persons. In a second proceeding, FINMA is looking into the role played by Bank am Bellevue, which possibly supported the stake building in sia Abrasives


SIX Group, the Swiss financial center infrastructure provider, successfully executed the first SEPA-compatible euro direct debit collections for Swiss bank customers, together with the SECB Swiss Euro Clearing Bank. This occurred within the scope of the Europe-wide launching of a new direct debit scheme in the Single Euro Payments Area (SEPA)


Combating money laundering: Switzerland’s efforts receive international recognition


Clariden Leu Appoints New Co-Heads for North Asia


Arvest Funds AG: Factsheets per autumn 2009


Clariden Leu Appoints New Key Executives in Asia


FINMA completes its Executive Board - Press release


International Financial Institutions: Federal Council wants to further strengthen Switzerland’s commitment


Banque Safdié: Latest Annual Report


Monetary policy, credit flows and small and medium-sized enterprises


SBA: The Financial Crisis and Systemic Stability


FINMA: Publication of Bankruptcy


Pictet & Co: The Dollar: how much lower? (PAM Quarterly Investment Focus - October 2009)


Syz & Co: 3rd quarter-2009 Review


Bank Sarasin named “Outstanding Private Bank – Europe” by Private Banker International


UBP Asset Management appoints Daniel Kelly as chief risk officer of alternative investment


Lionel Aeschlimann to join the Executive Committee of Mirabaud on 1 January 2010 and become a Managing Partner of Mirabaud & Cie, banquiers privés on 1 January 2011


Bank Hugo Kahn & Co - Finter Funds: Semi-annual Report 2009


Privatbank IHAG Zürich A.G.: Quarterly report


Dominick Company Ltd.: Monthly Investment Letter (September 2009)


Julius Bär Holding Ltd. confirms timetable for upcoming separation


SFA: Autumn 2009 - Full Report


Regulation of financial markets: FDF supports G20 summit decisions


New division for Family Offices at Wegelin & Co Private Bankers


Pictet launches a new physical gold fund in Switzerland


Richard Katz joins Union Bancaire Privée’s Board of Directors


Swissquote Bank: Talk is silver, trading is gold


EFG International strengthens senior team in Asia


Switzerland removed from OECD “grey list”


SBA: Banking Barometer 2009


Federal Council gives green light for signature of further revised DTAs


Julius Baer’s U.S. Asset Management Business, Artio Global Investors Inc., Commences Marketing of Initial Public Offering


Federal Council gives green light for signature of DTAs with USA and Finland


Banque Syz & Co: Latest Research Reports


SYZ & Co establishes itself in Spain


Gonet Bank & Trust: 2 Sector Analysis


VZ Depository Bank stands the test of adverse markets (+ Annual Report)


Mirabaud & Co: Banking and financial publications ( September 2009)


Clariden Leu: New Head of Human Resources


Statement by SEC Chairman: Statement on the Release of the Executive Summary of the Inspector General’s Report Regarding the Bernard Madoff Fraud


Pictet Group: Equities advance further in benevolent conditions


Lombard Odier: Investment Strategy Bulletin - Summer 2009


Euro area annual inflation down to -0.7%


Modifications regarding various sub funds of JULIUS BAER MULTIBOND


FINMA: Protective Measures… (Archive)


Dominick Company Ltd.: Monthly Investment Letter (August 2009)


Bénédict Hentsch & Cie: summer 2009 - Financial Publication


Press release concerning the Vontobel Group’s first-half 2009 results


Vontobel Group to acquire Commerzbank (Schweiz) AG


Banque de Commerce et de Placements S.A.- Last Annual Report (2008)


Swiss Exchange Messages (july 2009) - Part II


BZ Bank H1 2009 financial results


Swiss Exchange Message (july 2009)


Reichmuth & Co: Recent Reports (july 2009)


Julius Bär: Presentation of the consolidated 2009 half-year results


Pictet Group: Review & Outlook Quarter 02 2009


HSBC Named Best Global Bank By Euromoney


Bonhôte & Cie: Analysis June 2009


4th City of London - Swiss Financial Round Table sketches the vision of banking for the future


Arvest Global Stars Funds


UBPAM appoints Sara Sprung as chief investment officer of alternative investment


States under Stress: The Wegelin Investment Commentary No. 264


European Commission (Eurostat) - Last Report (july 2009)


Switzerland: Economic panorama (via Pictet Group)


Julius Bär: Early cessation of the share buyback programme


SFA welcomes IOSCO principles for hedge funds regulation


Agreement on goods controls and customs security between Switzerland and the EU: opening of consultation procedure


Bank Sarasin Sustainability Research: Despite recent turbulence, renewables can look forward to brighter times ahead


New Head of Communications at bank Zweiplus


Bank Sarasin: Awards - 2009


Banque CIC (Suisse) extends the usage of GAIN Data Management for feeding the Avaloq Banking System


Lombard Odier: Emerging markets - a pause before their next run


FDF: Meeting between President Merz and French Budget Minister Eric Woerth


Banque Privée Edmond de Rothschild S.A.: Last Release


Banque Genevoise de Gestion: Last Annual Report


A Leader in Financial Risk Management for the Swissquote Chair


Banque Piguet & Cie: Last Annual Report


Dominick Company Ltd.: Monthly Investment Letter (june 2009)


FINMA is opening the consultation period for the Circular on remuneration systems


Julius Bär open branch in Brig


EU: Spring forecasts 2009-2010


Credit Ratings of Swiss Companies Impaired by Difficult Market Environment


Banque SCS Alliance: Last Release (may 2009)


The Sanction Commission of the SIX Swiss Exchange Ltd has fined Eastern Property Holdings Limited


SG Private Banking In Switzerland Appoints New Chairman Following Equity Buyout


Maerki Baumann & Co: Elite Report Special 2009


Statement by the SBA regarding the public hearing in Berlin


Insinger de Beaufort Joins BNP Paribas Wealth Management


The Sarasin Group Seeks To Smooth Currency Risk With Sterling-Hedged Funds


Swiss Interbank Clearing - News & Release (may 2009)


Pictet Group: New PF targets agricultural sector


Banque Cramer & Cie: Last Annual report +


Banque Bonhôte: Analysis April 2009


IMF Executive Board Approves US$5.7 Million Disbursement for St. Vincent and the Grenadines Under the Exogenous Shock Facility


Banca Commerciale Lugano: Last Report


Vontobel Group: Economic stabilization increases risk tolerance


Valartis Bank A.G.: Financial year 2009


Federal Council takes decision to sign amended Agreement on the Carriage of Goods between Switzerland and the EU


Gonet&Cie: Monthly Review - May 2009


IHAG: Annual report


Dominick Company Ltd.: Monthly Investment Letter (May)


Bordier & Cie: Swine influenza - update on the situation


EU Commission gives go-ahead for injection of equity capital


NZ Hedge Fund Opens London Office


Top Private Banker Leaves UBS


Swiss Private Bank Names New CEO Following Acquisition


Switzerland’s BSI Reports AuM Hike After Acquisition


BZ: Swiss Bank Names New CEO


Union Bancaire Privée: available documents - April, 2009 (2)


Union Bancaire Privée: available documents - April, 2009 (1)


Wegelin & Co: The G20 Agenda


Arvest: Investor Info


Gonet & Cie: Theme of the April 2009


Morval: Forecasts of Key Economic Indicators - 2008


CFA Institute Opens Office in Brussels


Julius Bär: Disclosure of shareholdings according to the Swiss Federal Stock Exchange Act


New Private Bank Ltd: 2009 - Outlook and forecasts


News from the International Capital Market Association (ICMA)


Clariden Leu Appoints New Head Asia


SBA supports adoption of OECD standards - Streamlining of administrative assistance in Switzerland


AAM Privatbank: Asset Navigator I/09


Piguet & Cie: Investment Strategy


Lombard Odier: “Grand Prix de l’Entreprise Patrimoniale et Familiale 2009″ awarded to JCDecaux


Bénédict Hentsch & Cie: March 2009 - Financial Publication


Bellevue Group: Press release from March 6, 2009


The Vontobel Group: Annual Report


Two Lombard Odier funds awarded by Lipper in the Swiss market


3 assertions regarding the financial crisis


Mirabaud inaugurates its new headquarters in Geneva and targets growth