All FINMA articles
-
AnalysisIPE DACH Briefing: Germany’s historic deal on €500bn fund
Plus: German Association of Actuaries (DAV) warns industry not to lose sight of pension reform; Switzerland’s custodian mandates
-
NewsPublica stands by JP Morgan as custodian, amid potential political risk
The Swiss pension fund is not considering reviewing the bank’s custodian mandate
-
NewsJP Morgan’s custodian mandate with BVK raises security risk concerns
BVK has deliberately opted to mandate the branch of US bank JP Morgan in Geneva, which is subject to Swiss law and regulated by FINMA
-
NewsSwiss alliance pushes for stricter constitutional rules on climate, biodiversity
Finanzplatz-Initiative aims to collect 100,000 signatures necessary to hold a referendum and enshrine new set of rules on sustainability in constitution
-
NewsCambridge Associates expands alternative investment services
This will be Cambridge Associates’ first location in Switzerland
-
AnalysisReform of the AT1 bond market
UBS starts selling AT1 bonds for the first time since Credit Suisse takeover
-
AnalysisTrust will matter in light of market dominance of UBS in Swiss institutional business
One of the most important aspects of the downfall of Credit Suisse and the subsequent takeover by UBS is that loss of trust comes at the highest possible cost
-
NewsFINMA defines key team to supervise new UBS bank
Dedicated team to supervise UBS after takeover of Credit Suisse will focus on capital, liquidity, risk management
-
NewsPeople moves: Achmea IM appoints new chair
Plus: ICGN’s chief to retire, HSBC AM hires head of UK credit solutions
-
NewsPeople moves: WTW appoints head of Great Britain
Plus: Danish PBU picks new actuary; Law Debenture beefs up professional trustee offering
-
NewsEthos joins class action against UBS/Credit Suisse merger
Shareholders can claim compensation from what it is considered a discounted price for the acquisition of Credit Suisse on LegalPass’s platform
-
NewsFINMA faces further legal action for AT1 bonds write down
Migros Pensionskasse expects court to recalibrate supervisory authority’s decision
-
NewsInvestors appeal against FINMA’s order to write down AT1 bonds in Credit Suisse/UBS deal
The formal complaint was filed before the St-Gallen-based Federal Administrative Court on 18 April by law firm Quinn Emanuel Urquhart & Sullivan
-
NewsPension funds consider suing FINMA for AT1 bonds write down
Investors have the legal right to challenge FINMA in court within 30 days from the day the Swiss financial market supervisory authority took the decision
-
NewsSwiss parliament considers inquiry commission on Credit Suisse/UBS deal
The Council of States, the upper house of the parliament, will also have its say on the establishment of the commission
-
NewsMigros Pensionskasse takes CHF100m loss from Credit Suisse AT1 bonds
MPK is examining the possibility of taking legal action for the losses resulting from FINMA’s decision
-
AnalysisAnalysis: Synergies and obstacles of a potential UBS/Credit Suisse asset management merger
The outcome of the merger is positive for UBS which ‘is buying the asset manager of Credit Suisse for nothing’, says Ray Soudah
-
NewsEmergency rules trigger AT1 bonds write down in UBS/Credit Suisse deal
Pension funds holding AT1 bonds, also referred to as CoCo bonds, can suffer losses as a consequence of the decision taken by FINMA
-
NewsUBS/Credit Suisse: Swiss pension funds face cumulative counterparty risk but low losses
The country’s largest pension fund, Publica, started to reduce its exposure to Credit Suisse at the beginning of 2022
-
NewsSwiss pension funds fear Credit Suisse/UBS deal will knock competition in banking sector
Takeover could hinder ability of pension funds to negotiate conditions with banks
