04/25/2023

Investment duo complete wealth manager buyout

Liverpool will be the head office of the new IFA business which they say will look to expand both regionally and nationally with further acquisitions and organic growth.

04/24/2023

GAM Holding ag updates on full year results 2022

As already announced in the ad hoc on 25 January 2023, the Group expects to report an underlying loss before tax of approximately CHF 42.8 million and an IFRS net loss after tax of approximately CHF 309.9 million for the full year 2022.

04/24/2023

Credit Suisse Hit By Massive Outflows

Morningstar banking analyst Johann Scholtz runs over the numbers as Credit Suisse reveals the impact of the March meltdown that led to the UBS takeover

04/21/2023

Raiffeisen publishes annual report 2022

The Raiffeisen Group's annual report contains detailed information on the 2022 balance sheet and income statement as well as on corporate governance and the banking group's sustainability performance.

04/20/2023

Credit Suisse and Softbank Square off in London

Credit Suisse accuses Softbank of knowing about Katerra's restructuring in 2020 which, according to documents filed in the US in 2021, made the funds inaccessible to Credit Suisse investors.

04/20/2023

What's Behind the ETF Outflows at UBS and Credit Suisse?

In the case of UBS and Credit Suisse, a rising tide did not lift all boats, with UBS ETFs experiencing net outflows of two billion euros, followed by Credit Suisse with Europe's second-largest outflows of 179 million.

04/19/2023

Citi Estimates Post-Takeover Outflows at CS

In the worst-case scenario, the estimated figure could reach one-third, or 162 billion francs, due to cultural differences between UBS and Credit Suisse leading to increased attrition or rivals successfully luring bankers and clients.