Luxury retailer’s move will access investors but allow founding family retain control
Bank allows departing staff collect bonuses immediately as Covid-19 prompts career reviews
Ermotti lacks insurance expertise, but understands asset management, regulators and complex global financial institutions
Low interest rates, competition for wealthy clients hit Swiss bank
Findings at odds with advice from recruitment consultants that pay restrictions should be eased across bailed-out banks
Bank sees turnaround after slow first quarter
Swiss investment bank is planning an extra €260m in cost cuts
Swiss bank says court’s decision and the €800m damages ‘incomprehensible’
Tidjane Thiam’s pay packet follows near €3bn loss at Swiss bank amid restructuring
Bank’s new CEO has cut thousands of jobs and switched focus to wealthy clients
Net profit for three months to end of June falls 14.5 per cent year on year
Technology automates investment management workflow to free up advisers’ time
Erste Bank, Santander and UBS chiefs voice concerns over widely anticipated ECB cut
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