The Swiss National Bank
expects inflation to rise, Chairman Thomas Jordan said in an
interview to be broadcast on Monday. We have VAT going up, we have rents going up again and.
UBS and Credit Suisse lost some ground in their combined share of the Swiss funds business last year, the Asset Management Association of Switzerland said on Monday, predicting that this would fall further. The market share of the combined bank, which became a single entity last year after UBS stepped in to rescue Credit Suisse, fell to 37.6% in 2023, down from 39.3% the previous year. The association's head, Adrian Schatzmann, said he expected the market share of the combined bank to further drop as UBS integrated Credit Suisse and merged some of their funds.
UBS lost ground in Swiss fund business over 2023 streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
UBS s return on equity may be higher than currently expected, once the integration of its former rival, Credit Suisse, has been completed, its chairman said on Wednesday. . -January 17, 2024 at 04:09 am EST
- MarketScreener
UBS s Chief Executive on Wednesday said the takeover of Credit Suisse last year, which was orchestrated by Swiss authorities, was not the deal of the century and that there was hard work to be.