Bank Profile
- AAM
- Arner
- Arvest
- Aston
- Baumann
- BBH
- BBSA
- BCL
- BCP
- Bellevue
- BGG
- Bonhôte
- Bordier
- BPER
- BZ
- Clariden Leu
- Cornèr
- Cramer
- Dominick
- EFG
- Frey
- Gonet
- Gutzwiller
- Habib
- Heritage
- Hottinger
- Hugo Kahn
- IHAG
- JB
- La Roche
- Landolt
- Lombard Odier
- MBC
- Mirabaud
- Morval
- Mourgue
- NPB
- NZB
- Pictet
- Piguet
- R&B
- Reichmuth
- Safdie
- Sarasin
- SCS
- Swissquote
- SYZ
- UBP
- Valartis
- Valiant
- Von Graffenried
- Vontobel
- VZ
- Wegelin
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
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)
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
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
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
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