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Transformation and diversification form the cornerstone of Marcuard Heritage’s growth strategy, launched last year. This approach seeks to tap into new markets and attract the next generation of clients. To achieve these objectives, additional expertise will be essential at every level. A newly appointed Board Director emphasizes this ambition.
Proxy advisor Ethos has sharply criticized Swiss banking giant UBS. Excessive compensation—particularly for the CEO—variable pay with an overly strong leverage effect, a share buyback program instead of building up equity capital, and setbacks and gaps in the sustainability report: this is the list of UBS's shortcomings, at least in Ethos's view.
Swiss digital asset banking group Sygnum has opened its latest office in Lugano. With this move, the company aims to deepen its collaboration with the growing Bitcoin and digital asset ecosystem in Ticino, as well as with Plan ₿ – the city-led initiative promoting blockchain adoption.
Three years after Lionel Messi lifted the FIFA World Cup '22 in the air in Qatar with Argentina, the 37-year-old is sponsoring a Mastercard credit card in the Gulf state for the first time, issued by Doha Bank. The sponsorship market in the wealthy, oil-rich region is considered lucrative, though it is also highly competitive turf.
In the village of Wingen-sur-Moder in northern Alsace, the «Villa René Lalique» is marking its tenth anniversary. Swiss entrepreneur Silvio Denz has lovingly restored the former home of glass artist René Lalique and transformed it into a two-star restaurant and boutique hotel. finews.com visited the site and spoke with head chef Paul Stradner.
Rodolfo «Rudi» Bogni looks back on a remarkable banking career — and remains sharply attuned to the present. In conversation with finews.com at London’s Athenaeum Club, the former head of UBS' private bank reflects on Switzerland’s role in the world, the challenges facing private banking, and his enduring skepticism toward cryptocurrencies. Bogni also shares his view on the current debate over UBS potentially relocating from Switzerland.
Ordering groceries conveniently from home – and less than an hour later, the doorbell rings. This is the promise of Alfies, a food and beverage delivery service from Austria, which has also been active in the Zurich area since last year. With a sophisticated logistics system, the company distinguishes itself from Coop and Migros in several ways. finews.com was granted access to Alfies’ logistics center in Schlieren for a behind-the-scenes look at the delivery service.
Many expect that a second Trump administration—focused on deregulation and business-friendly policies—could lead to more leniency from U.S. authorities in handling legal violations. However, as attorney Tomislav Joksimovic explains on finews.first, the reality for foreign financial institutions and corporations is far more complex.
The Swiss National Bank (SNB) justifies its latest interest rate cut, among other reasons, by arguing that if inflation were to rise unexpectedly, price stability could be ensured relatively easily. A key term in its current communication is the «global uncertainties», which have increased.