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Tag: Swiss

What one Swiss bank’s troubles tells us about market vulnerabilities

A pedestrian sheltering under an umbrella passes a Julius Baer Group Ltd. branch in Zurich, Switzerland, on Tuesday, July 13, 2021.Stefan Wermuth | Bloomberg | Getty ImagesThe share price of Julius Baer plummeted after the Swiss private bank disclosed 606 million Swiss francs...

UBS boss Ermotti says ‘incredible’ bond demand is ‘a signal to the Swiss banking system’

Sergio Ermotti, CEO of UBS gestures during a panel discussion at the Swiss-American Chamber of Commerce in Zurich, Switzerland January 18, 2019.Arnd WIegmann | ReutersUBS Group CEO Sergio Ermotti says the "incredible" market demand for the bank's recent issuance of AT1 (additional tier...