A Swiss bank closes down

The Swiss Gazprombank, caught in the maelstrom of Russia sanctions, is suddenly stopping its business completely. The rationale, however, is a bit strange.
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The Swiss Gazprombank, caught in the maelstrom of Russia sanctions, is suddenly stopping its business completely. The rationale, however, is a bit strange.
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German insurer Allianz is rocked by a scandal at its in-house asset manager Allianz Global Investors. The problem could also affect bank Vontobel.
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Credit Suisse is in deep trouble. The former top manager of the big bank and also of UBS, Oswald Gruebel, points out positive and wrong decisions.
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Swiss banks have already payed billions of penalties in the U.S. Now there is another million-dollar fine against another major bank.
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Billionaire and head of Tesla, Elon Musk, first blew off the acquisition of Twitter. Now he wants to buy the Twitter service. His change of mind has huge consequences.
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Aryzta, a group focused on baked goods, has just achieved a ‘black zero’ in profits. But the challenges remain enormous.
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Big bank UBS wanted to buy a company in the U.S.A. and put 1.4 billion dollars on the table for it. Now it becomes clear why nothing came of it.
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For decades Basel-based pharmaceutical company Novartis has not allowed just anyone onto its premises – except with permission. That is set to change starting as of Monday.
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The CSS health insurance group is having difficulties complying with legal solvency requirements. Instead of finding a permanent solution, the problems are simply being postponed.
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Movements in the capital markets are causing insurers’ equities to shrink. Now, as in the case of Zurich Insurance, there is even an additional effect.
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The two big Swiss banks have each caught fines in the U.S. again. This time the offenses didn’t happen so long ago.
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Industrial corporation Georg Fischer helps its customers save money while protecting the environment. The company is jumping on three trends.
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The Americans are not squeamish about fining companies. Now, however, there is even a case where they are holding those responsible directly accountable.
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Mail-order pharmacy Zur Rose has made an offer to buy back a bond. The purpose behind this is likely to be the exchange of debt for equity.
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In Switzerland around four million people use the Twint payment system. Now their payment options are expanding – thanks to a new collaboration.
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Auditors are supposed to keep a close eye on accountants. But sometimes what this guild does is unbelievable.
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Bankhaus Julius Baer has made a strategic move to enter the Chinese market. Their approach is original.
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Swiss Federal Railways SBB and Swiss Post have come up with an ingenious idea. The tests for it are promising.
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Swiss milk processor Emmi held a capital markets day. But the company failed to mention the most important info.
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Basel-based insurance group Baloise has reached a milestone in its strategy. This is now also recognized from the outside.
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The international hotel chain IHG with its brands Intercontinental and Holiday Inn has been attacked by cyber criminals. The revelations are fatal.
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The Aevis Victoria Group, which operates in the hotel and hospital sector, has presented its half-year results. What is particularly exciting are the correlations.
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Swiss Federal Railways – SBB – continues to produce losses. However, there are also bright spots in the half-year results.
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The Competition Commission Weko has opened an investigation against a Swiss group. The latter may have tried to protect itself from competition.
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Swiss payment providers must prepare for more competition. This time, a new bank is launching a payment service.
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