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About 14 results for "zurich financial"

LafargeHolcim poaches Essilor's finance chief

By John Miller and Oliver Hirt ZURICH (Reuters) - LafargeHolcim has poached Geraldine Picaud from French optics maker Essilor International to replace Chief Financial Officer Ron Wirahadiraksa next year, the latest executive shake-up at the world's biggest ... Sify, 2 months ago

Swiss watchdog sharpens scrutiny of initial coin offerings

ZURICH (Reuters) - Swiss financial watchdog FINMA has begun investigating a number of initial coin offerings (ICOs) for possible breaches of Swiss law, spelling greater regulatory oversight of some of the most prominent blockchain projects in "Crypto Valley".
 Reuters2 months ago

UBS profits from wealthy client activity but warns may not last

By Joshua Franklin ZURICH (Reuters) - UBS, the world's biggest private bank, on Friday posted a 14 percent year-on-year jump in third-quarter net profit but kept a cautious outlook for the rest of 2017 due to political and monetary policy uncertainty. The ...
 Sify1 month ago

'Double whammy' for Roche as manufacturing patent losses loom

By John Miller ZURICH (Reuters) - Landmark Roche patents that helped launch the modern biotechnology era end next year, extinguishing a source of billions of dollars in income for the Swiss drugmaker and piling pressure on its new medicines to succeed.
 Sify2 months ago

Fed's Williams sees calm market reaction to balance sheet unwind

By John Revill and Joshua Franklin ZURICH (Reuters) - U.S. central banker John Williams said on Friday he does not expect any market turbulence as the Fed gets under way with reducing the huge balance sheet built during its campaign to stimulate the U.S.
 Sify2 months ago
catchnews.com

To counter the heat on Jay Shah, BJP fields defence minister Sitharaman to attack Vadra

Facing the heat over allegations of financial irregularities against party chief Amit Shah ’s son, the BJP hit back at the Congress questioning Sonia Gandhi ’s son-in-law Robert Vadra ’s alleged links with fugitive arms dealer Sanjay ...
 catchnews.com1 month ago

Deals of the day-Mergers and acquisitions

(Adds Lloyds, Airtel, Rio Tinto, Royal Dutch Shell, Carillion,Sampo; Updates Mantra, Air Berlin) Oct 12 (Reuters) - The following bids, mergers, acquisitionsand disposals were reported by 1330 GMT on Thursday: ** A group of investors including buyout firm ...
 Sify1 month ago

ABB buys GE business for $2.6b

Reuters Power grids maker ABB is buying General Electric’s Industrial Solutions business for $2.6 billion in a bet it can improve the division’s lackluster margins over the next five years, the Swiss engineering company said on Monday. Zurich-based ABB ...
 The Financial Chronicle2 months ago

Yellen's stock rises as she leads Fed from crisis-era policy

By Jonathan Spicer and Ann Saphir NEW YORK/WASHINGTON (Reuters) - From her early days as Federal Reserve chair, Janet Yellen has been the target of criticism from Republicans worried that the central bank's massive bond-buying programs and near-zero interest ...
 Sify2 months ago Corrected: Yellen's stock rises as she leads Fed from crisis-era policy  Sify2 months ago
Sify

Australia's CBA to sell insurance unit to AIA Group for $ 3 billion

SYDNEY: Commonwealth Bank of Australia has agreed to sell its life insurance unit to Hong Kong-based AIA Group for $3.1 billion, in the biggest Asian buyout of an Australian financial firm. The deal, which ranks among the top 10 insurance M&A in the Asia ...
 Sify2 months ago
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