Zürcher Kantonalbank (‘ZKB’) priced its inaugural CHF 425 m Bail-in Bond issuance. ZKB’s Bail-in Bonds are novel instruments which have been designed and issued on the basis of a new legal framework allowing Cantonal
BianchiSchwald partner Hélène Weidmann (pictured) has been elected as a new member of the Board of Directors of ONE swiss bank. Hélène Weidmann has a strong expertise in the fields of
Credit Suisse and UBS signed a merger agreement, with UBS emerging as the surviving entity. With the combined market capitalization is approximately USD 65 billion, the merger follows negotiations between the two Swiss banks, prompted by
Legal advisors involved in the UBS-Credit Suisse merger: For UBS: Freshfields Bruckhaus Deringer (‘Freshfields’) is advising UBS Group as global transaction counsel. UBS counsel also include Bär & Karrer and Davis Polk. For Credit
Credit Suisse has launched and successfully priced its registered offering of USD 2.5 bn aggregate principal amount of senior notes. The offering consisted of USD 1.25 bn aggregate principal amount of 4.750% senior notes due 2024 and USD 1.25 bn
Credit Suisse has appointed Markus Diethelm (pictured) as its new group general counsel, effective 01 July 2022. He will join the Executive Board and report directly to Credit Suisse Group CEO Thomas Gottstein. Diethelm will be
Inyova, a European impact investing platform, managed approximately CHF 173 million in assets as of the end of February 2022. The capital raised through the crowdinvesting is expected to enable the development of new features such as
Focus Financial Partners, an international partnership of independent, fiduciary wealth management firms, has expanded its global footprint to Switzerland with the acquisition of Octogone group. At the end of April, Focus announced that it has
Niederer Kraft Frey advised the shareholders of responsAbility Investments, an impact investing company focusing on private debt and private equity across emerging markets, to complete successfully the transaction of the sale of all outstanding shares
Zürcher Kantonalbank has completed its issuance of EUR 500 million 2.020 per cent. Fixed-to-Floating Rate Tier 2 Bonds due 2028. The Bonds are regulatory capital instruments that are eligible to fulfill Zürcher Kantonalbank’s Swiss gone concern