chaos. Welfare. tumult. And it doesn’t matter at all: what Urs Rohner has in common with Herbert Gronemayer
Newspaper “Pururuhr” in Sunday newspaper is an institution. Rumors, Oddities, Success Stories: In light of current events, you can read here what happened apart from the headlines surrounding the bank deal.
Not only has he come under fire since the collapse of Credit Suisse: former CS boss Urs Rohner,
Photo: Keystone
The musician graduated this week Herbert Gronemeyer A marathon interview in his hotel room at the Dolder Grand in Zurich to promote his new album “Das ist los”. That’s a good thing, because Gronemeyer’s discography reads like a biography of former Credit Suisse chief Urs Rohner. His records have titles such as: Chaos. Welfare. tumult. And above all: it doesn’t matter at all.
In Greece, there are concerns about Swiss banks
I had to reassure the Greeks about CS: Finance Minister Giannis Stournaras
Photo: Keystone
When Greece was on the verge of bankruptcy, there was a fear in Switzerland that this might endanger local banks. Now the tide has turned. Fears are growing in Greece that the crisis will spread from Switzerland to the Mediterranean. Governor of the Central Bank Giannis Stornaras He reassured the Greeks after UBS’s takeover of Credit Suisse: the commitment of Greek banks to Credit Suisse is “almost zero”, as he emphasized on several media occasions. Not affected by default on certain Credit Suisse securities. He added that Greek banks are strong and big institutions are making profits again. He didn’t say it was very different from Credit Suisse – but he might have thought so.
Because of CS there was no time for the Easter Bunny
Bitter surprise: Almost nobody wanted to water the Easter Bunnies with Johannes Läderach.
Photo: Keystone
Johannes Lederach, head of the Läderach chocolate factory, victim of Credit Suisse’s collapse. He had invited the media to an exclusive Easter Bunny party on Friday at the Läderach House in Bilten GL. But since practically all journalists—even those who have never written about Banks—had enough to do, Läderach had to cancel the event. So it wasn’t just a bittersweet event for the new mega-bank UBS.
Suddenly Hammers had no more time for Basel
‘Leadership in Complex Times’: UBS CEO Ralph Hammers didn’t have time to deliver his speech.
Photo: Keystone
Speaking of cancellations: On Monday, the head of UBS Ralph Hammers He had an appearance at the Economic Statistical Society in Basel. But a day after his bank announced the acquisition of Credit Suisse, he didn’t have time to deliver his speech. The cancellation was made less than 11 hours before the event, as well as the promise that the event would be “rescheduled to a later date”. Hammers can keep his show’s title, because it will still be relevant a few months later: “Leadership in Complicated Times.”
The tie-breaker dilemma in UBS leadership
Down with a tie: UBS President Colm Kelleher,
Photo: Keystone
Unlike its predecessor Sergio Armoti Most other bank managers hold Ralph Hammers Usually no tie and the top button of his shirt unbuttoned. However, when he met the president on Monday Colm Keeler Announcing the most important things about the Credit Suisse takeover in a video address aimed at the UBS workforce, Hammers donned a bow tie for once. Is this the burden of responsibility? After all, he now leads tens of thousands of employees and hundreds of billions more. The fact that Hammers never wore his tie again in a conversation with reporters on Friday suggests a different conclusion: He didn’t want to fall for Keeler. He wears his tie constantly and is annoyed by the fact that Hammers thinks little of committing to wearing it.
The well-known CS man takes the place of Raiffeisen’s chief economist
It looks like he’s retired at 62: Raiffeisen’s longtime chief economist Martin Neff.
Photo: Keystone
It was no sooner apparent that Credit Suisse would be taken over than the recruiters got excited. Around the world, employees have tried to escape to other banks before risking dismissal to reduce redundancy. The familiar face no longer has that concern: On Monday morning at 8 a.m., just before Credit Suisse shares plunged 62 percent, the Raiffeisen Group announced that freddy rabbit mile To commit as the new Chief Economist. Previously, he was responsible for real estate analysis at Credit Suisse. His departure was not a result of the UBS takeover, but of Raiffeisen’s longtime chief economist Martin Neff He will retire in the third quarter. Since he is only 62 years old, this still raises questions.
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