Latest articles from Switzerland

UBS returns to its roots

June 4, 2009

Investment banking losses and US tax evasion charges sent clients of the leading wealth manager scurrying for the exits. But the crisis has renewed UBS's determination to succeed in private banking. Writer Philip Alexander

Roche's perfect storm

April 7, 2009

Drug company Roche made a rare foray into the markets recently, with BNP Paribas being among the bookrunners putting together its record-breaking euro bond deal to finance the purchase of US biotech firm Genentech. Writer Edward Russell-Walling

Clear view curtails crisis fallout

January 2, 2008

Credit Suisse fared well during the subprime crisis. Brian Caplen asks CEO Brady Dougan what underlies the bank’s new stability and what it is planning for the year ahead.

Switzerland

January 2, 2006

UBS
Peter Wuffli, CEO

Private banking

June 6, 2005

The other axis on which the fortunes of the two rivals have recently pivoted has been the quiet world of Swiss private banking. In 2004, private banking and wealth management contributed 38% of UBS’s pre-tax profits, almost matching the 40% from the investment bank. At Credit Suisse, the proportion is even higher, with the private bank alone accounting for 42% of the group’s net income last year.

Tower of Strength

June 6, 2005

The changes in fortune of the two giant Swiss banks, Credit Suisse and UBS, offer lessons in growth strategy to bank CEOs. Geraldine Lambe and Sophie Röell look at the strategies that have worked and those that have not.

Marcel Rohner

February 2, 2005

chairman and CEO, wealth management and business banking, UBS
“Meteoric rise” would be an appropriate phrase to describe Marcel Rohner’s ascent to the group executive board of Swiss giant UBS. At 40, the demure Swiss economist appears the type of Swiss banker that people would not hesitate to entrust with the family fortune.

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