ZURICH Credit Suisse posted its highest quarterly earnings in four years on Wednesday, hailing frugal cost management as paying off in a tough environment.
* CREDIT SUISSE CEO SAYS BANK SUFFERING FROM STRONG SWISS
By Silke Koltrowitz, Angelika Gruber and Brenna Hughes Neghaiwi
ZURICH UBS delivered its best second-quarter results in nearly a decade on Tuesday, as strength in Swiss retail and corporate banking helped to offset weakness in wealth management. | Video
ZURICH Swiss private bank Julius Baer missed its target for net new client money in the first six months of the year as outflows from funds at its Italian subsidiary Kairos hampered growth at the rest of the business.
* Sees pick-up in client activity in recent months
(Recasts with CEO comment, market reaction)
ZURICH Givaudan beat first-half sales expectations on Thursday but margins at the Swiss fragrance and flavour maker shrank, knocking its shares.
ZURICH, July 18 Givaudan beat
first-half sales expectations on Thursday but margins at the
Swiss fragrance and flavour maker shrank, knocking its shares.
ZURICH Reinsurance group Swiss Re suspended plans for a $4.1 billion initial public offering of British life insurer ReAssure on the day it was set to start trading in London, citing weak demand from institutional investors.
ZURICH Credit Suisse wealth management boss Iqbal Khan is leaving Switzerland's second-largest bank in the latest high-level departure under Chief Executive Tidjane Thiam.