Industrial and precious metal prices have soared in recent years »

Industrial and precious metal prices have soared in recent years, despite considerable differences in market structure. The Credit Suisse business unit is a provider of wide-ranging financial services in Europe and other selected markets. In Asset Management, it provides access to a range of investment classes, ranging from money market, fixed income, equities [...]

Credit Suisse First Boston is active in investment banking »

Credit Suisse First Boston (Renamed Credit Suisse) is active in investment banking, capital markets and financial services.  Within the Private Banking sector Credit Suisse provides comprehensive advice and delivers a broad range of investment products and services tailored to the complex needs of high-net-worth individuals globally.  In Switzerland, Credit Suisse supplies banking products and services [...]

Credit Suisse had been required by the SNB to strengthen its capital base »

As such, 90% capital protection will not apply to unitholders if units are redeemed prior to, or after, the Capital Protection Date and may not apply in certain limited circumstances.  The 90% capital protection described above will only apply on the Capital Protection Date.  UBS will also receive amounts equivalent to withdrawal fees charged to [...]

Credit Suisse said it expected to make a loss »

But the Swiss banking shares recovered slightly and UBS shares posted a modest gain by mid-morning.  The move marks a turnaround from earlier assurances that the Swiss banking system is safe and doesn’t need government support of the kind seen elsewhere.  Both UBS and rival Credit Suisse have been hit by the sudden drought on the [...]

Business Objects helped ensure implementation of GEAR »

UBS’s physical presence in the commodity sector, and its ‘one firm’ approach to business, ensured the firm stood out from its peers.  In his 22 year career at Morgan Stanley, Mr Johansson was previously Head of the Institutional Equity Division and co-head of the combined Equity and Fixed Income sales and trading businesses.  The new [...]

UBS employs more than 80,000 people around the world »

Ubs
UBS makes no representation, either express or implied, that the information and opinions expressed on the UBS website are accurate, complete or up to date.  UBS was ranked in the top three in 22 sectors and was a runner up in 11.  As a fellow Swiss firm, Credit Suisse enjoys the same benefits that Swiss [...]

Deal close on new rules for Swiss banks »

Talks on tougher capital rules for Switzerland’s top banks UBS and Credit Suisse to prevent future crises are in a final stage and a compromise deal is near, people familiar with the situation said.
Swiss regulators have vowed to bring in stronger capital and liquidity buffers for the two banking giants after UBS was nearly brought [...]

Swiss banks face fresh call for shareholder ’say on pay’ »

Ethos, the Swiss corporate governance campaigner and activist investor that demanded an independent audit of last year’s US sub-prime losses at UBS, has renewed its call for a shareholder say on executive remuneration at the Swiss bank and rival Credit Suisse by filing resolutions for next year’s annual meetings.

Swiss still trust their banks »

A majority of Swiss people still have confidence in the country’s banks, although not in UBS UBSN.AS, which has been mauled by the global financial crisis, an opinion poll published on Sunday showed.
The survey conducted by Isopublic pollsters for the SonntagsBlick newspaper during last week’s rollercoaster ride on the stock markets showed that 75 percent [...]

Swiss Banks’ Shares Slide On Lehman Brothers Fallout »

Swiss banks UBS AG (UBS) and Credit Suisse (CS) both came under pressure Monday, as outlook for the sector dimmed further in the wake of the collapse of Lehman Brother Inc. (LEH) and the sale of Merrill Lynch & Co. ( MER) to Bank of America Corp. (BAC).
The Swiss banks are much better capitalized than [...]