Anti-apartheid protest at the AGM of the Swiss Banking Corporation (a predecessor of UBS), 1989. Keystone Before the first free elections were held in South Africa 30 years ago, Switzerland maintained close economic ties with the apartheid regime. This content was published on June 23, 2024 – 10:30 Switzerland once played a role in South...
Tag: finance (general)
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Government plans to invest over CHF16bn in Swiss rail network
View of railway construction site in Lausanne, May 2, 2024. © Keystone / Martial Trezzini The federal government intends to invest CHF16.4 billion ($18.1 billion) in railway infrastructure between 2025 and 2028, CHF2 billion more than for the current period. This content was published on May 15, 2024 – 15:45 The larger financial envelope will...
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UBS finalises transfer of Credit Suisse securitisation business to Apollo – SWI swissinfo.ch
Under the new deal, announced on Wednesday, Apollo Global Management will purchase from UBS $8 billion of “senior secured financing facilities” as part of the Swiss bank’s efforts to wind down its non-core legacy portfolio KEYSTONE/© KEYSTONE / ENNIO LEANZA UBS Group and Apollo Global Management have reached an agreement regarding the carveout of Credit Suisse’s...