Swiss banking giant UBS on Tuesday posted $770 million in fourth-quarter net profit, compared with a mean forecast of $886.4 ...
The wealth manager’s shares fell after it said it envisions cutting around 400 positions, extending its cost-saving program.
Swiss bank Julius Baer on Monday reported a net profit of 1.022 billion Swiss francs ($1.12 billion) for 2024. Assets under ...
By Ariane Luthi ZURICH (Reuters) -Swiss bank Julius Baer plans to cut its workforce by about 5% under new chief executive ...
After imposing levies on imports from Canada, Mexico and China, the U.S. president warned tariffs on the European Union will ...
EUR/USD trades with sizeable losses near 1.0300 in early Europe on Tuesday. The pair loses ground on renewed haven demand for ...
Julius Baer had reportedly discussed reducing its workforce by 10% or less. The bank had about 7,400 employees at the end of ...
Julius Baer Group Ltd shares dropped more than 10% after the Swiss wealth manager announced job cuts and a governance revamp but left analysts waiting for a more detailed plan to boost growth.
Globally, the dollar surged on Monday, pushing its Canadian counterpart and Mexican peso to multi-year lows while China's ...
There was a defensive rally in the dollar, and it was the commodity currencies -- the Australian and New Zealand dollars -- that were hit hard, as well as the Mexican peso and Canadian dollar. The ...
Police raids in Serbia and North Macedonia uncovered a counterfeit money operation using high-tech printing and engraving ...
Analysts at Rabobank predict the Euro to Swiss franc exchange rate (EUR/CHF) will face downward pressure in the coming months. According to analysts at CIBC Capital Markets, following the ...