Edition:
India

Oliver Hirt

MOVES-JPMorgan hires three UBS managers to launch Swiss-based Russia team

01 Jul 2020

ZURICH, July 1 JPMorgan has hired three UBS bankers to launch a wealth management team covering Russian clients out of Zurich, the U.S. bank said in an internal memo on Wednesday.

One third of 2019 Swiss investment sustainable, study finds

08 Jun 2020

ZURICH Roughly one third of assets managed in Switzerland was invested sustainably in 2019, an increase of 62% from the previous year, a study published on Monday found.

Risk-taking billionaires offer rich reward for Credit Suisse

08 Jun 2020

ZURICH Credit Suisse is banking on risk-taking billionaires to drive revenue growth at its wealth management division.

China Pacific Insurance to press on with London listing under connect scheme

02 Jun 2020

LONDON/ZURICH China Pacific Insurance is pressing ahead with a London listing under a stock link scheme between Britain and China, it said on Tuesday, defying the market turmoil wrought by COVID-19.

China Pacific Insurance to press on with London listing under connect scheme

02 Jun 2020

LONDON/ZURICH, June 2 China Pacific Insurance is pressing ahead with a London listing under a stock link scheme between Britain and China, it said on Tuesday, defying the market turmoil wrought by COVID-19.

KKR to inject money into vending machine group Selecta: sources

28 May 2020

ZURICH/LONDON/FRANKFURT U.S. buyout group KKR is preparing to inject funds into Swiss vending machine company Selecta, which is saddled with debts and faces a loss of business due to the coronavirus crisis, four sources close to the matter said.

KKR to inject money into vending machine group Selecta - sources

28 May 2020

ZURICH/LONDON/FRANKFURT, May 28 U.S. buyout group KKR is preparing to inject funds into Swiss vending machine company Selecta, which is saddled with debts and faces a loss of business due to the coronavirus crisis, four sources close to the matter said.

UBS courts millionaires with view to mid-term doubling of Russian wealth business

19 May 2020

ZURICH UBS wants to double the amount of assets under management at its business targeting wealthy clients in Russia and central and eastern Europe, a senior manager told Reuters.

Regulator asks for Credit Suisse directors' mobile data in spy inquiry - sources

19 May 2020

FRANKFURT/ZURICH Swiss regulators have requested electronic messaging data from the mobile phones of several Credit Suisse managers and supervisory board directors as part of a probe into spying at the bank, three people familiar with the matter said.

UBS seeks wealth management boost with JPMorgan hire and new Russia head

12 May 2020

ZURICH UBS is seeking to boost its wealth management business in Russia and the broader central and eastern Europe region with a senior hire from JPMorgan and a new head of wealth management for Russia.

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