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  • 3 weeks ago | reuters.com | Dave Graham

    REUTERS/Illustration Alex GreenFew landlocked cities offer an alluring tableau for the dawn like Zurich. Switzerland's biggest city sits on the LimmatRiver at the top of Lake Zurich, which on clear days sparkles brilliantly, framed by the Alps, when the sun rises in the east. I am a relative newcomer,having arrived here last year to cover Switzerland and Austria as chief correspondent for Reuters after 13 years in our Mexico City bureau and Berlin before that.

  • Dec 5, 2024 | gurutrade.com | Dave Graham |Oliver Hirt |David Evans

    ZURICH, Dec 5 (Reuters) - The wealth held by the world's billionaires jumped by about 17% over the past year, as significant gains among the super rich in the United States more than offset a decline in China, Swiss bank UBS said on Thursday. The UBS Billionaire Ambitions Report for 2024 said the total number of billionaires had risen to 2,682 from 2,544 a year earlier, and their worth to $14 trillion from $12 trillion. In 2015, their total wealth stood at $6.3 trillion.

  • Nov 25, 2024 | reuters.com | Dave Graham

    An EU flag flies beside Switzerland's national flag near the German-Swiss border in Rheinfelden, Germany, March 11, 2019.

  • Nov 21, 2024 | wifc.com | Dave Graham |Oliver Hirt

    By Dave Graham and Oliver HirtZURICH (Reuters) – UBS has seen weak European growth hit companies it lends to, CFO Todd Tuckner said on Thursday, with the bank facing a 2024 credit loss expense of some 150 million Swiss francs ($170 million) in its personal and corporate banking business. Tuckner’s remarks came as he explained the economic background behind the credit loss expense, which he said UBS was expecting for the fourth quarter.

  • Nov 12, 2024 | reuters.com | Oliver Hirt |John O'Donnell |Stefania Spezzati |Dave Graham

    Logos of Swiss banks Credit Suisse and UBS are seen before a news conference in Zurich Switzerland, August 30, 2023. REUTERS/Denis Balibouse/File Photo Purchase Licensing Rights, opens new tabZURICH/FRANKFURT/LONDON, Nov 12 (Reuters) - The United States is pursuing an inquiry into Russian clients that UBS (UBSG.S), opens new tab took on when it bought Credit Suisse, three people familiar with the matter said, heightening scrutiny of one of the world's biggest wealth managers.

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