Companies
Swiss Sustainable Finance Sector Navigates Challenging Environment at Zurich Conference
Speakers at the recent SFI and SSF conference in Zurich discussed environmental risks, real estate emissions, and shifting priorities toward climate adaptation and biodiversity.
Dubai‑based Jupiter Wealth opens Geneva office, appoints Diego Wuergler as Head of Switzerland and CIO
Jupiter Wealth, founded in 2022 and managing about $2 billion, announced a new Geneva branch and named former UBS and Julius Bär executive Diego Wuergler to lead its Swiss operations.
Sandoz launches high‑volume biosimilar drug substance plant in Slovenia
Sandoz opened a high‑tech, high‑volume biosimilar drug substance manufacturing centre in Lendava, Slovenia, employing over 300 experts and bolstering its Bio100 target of 100 biosimilars by 2040.
BYD aims for top three in Swiss market as sales reach 4.2% share
BYD Switzerland reports roughly 4,000 new registrations, a 4.2% market share and plans to expand its dealer network and flash‑charging infrastructure to challenge VW, Mercedes and BMW.
Swiss real estate sentiment eases but stays upbeat, KPMG survey shows
KPMG's Swiss Real Estate Sentiment Index fell to 47.5 points from a record 69.5 a year earlier, yet still signals confidence in the property market.
FINMA closes Signa case, imposes CHF 250m capital add‑on on Julius Bär
Switzerland's financial regulator FINMA concluded its probe into Julius Bär's exposure to the failed Signa group, citing severe breaches and requiring extra capital, a share‑buyback request and ongoing reporting until 2032.
Swiss regulator fines Julius Bär, confiscates ~10 million francs
FINMA closes fifth enforcement case against the private bank, citing grave breaches over Russian PEP accounts and a more-than-1-billion-franc private-debt book tied to former property developer René Benko.
Lindt & Sprüngli Cuts 2026 Sales Growth Forecast, Shares Drop
Swiss chocolate maker trims organic revenue growth outlook to 0–2% from 4–6%, citing European heat and consumer price sensitivity.
UBS commissions Zurich artist to paint Polybahn car ceilings for 140th anniversary
UBS, owner of the historic Zurich funicular, unveiled a crowd‑sourced mural by artist Fredinko on the ceilings of its two cars, celebrating 140 years of service.
EU states split on Swiss access under proposed “Made in Europe” label
Germany backs a “Made with Europe” approach that would include Switzerland, while France and others push for a label limited to the 27 EU members. The dispute centres on the Industrial Accelerator Act and a Dec. 3 deadline.
MV Invest receives Finma approval and expands real estate business
Swiss real estate specialist MV Invest has obtained approval from the Finma to manage collective assets. The company also takes over the management of a fund and launches a new real estate strategy.
Sygnum Partners With Nu Global to Bring Crypto Infrastructure to Latin America's Largest Digital Bank
Swiss crypto bank Sygnum will provide banking and custody infrastructure for Nu Global's international rollout, serving 140 million customers across Brazil, Mexico and Colombia.
UAE to invest $46.4bn in Germany, focusing on data centers
The United Arab Emirates plans to invest 40 billion euros in Germany, with data center infrastructure and AI forming key parts of the investment. The two countries also aim to deepen defense cooperation.
Nestlé faces forced asset seizures, potential Russia business loss
Swiss giant Nestlé reports share price decline amid Russia’s seizure of two subsidiaries, raising concerns over potential write-downs and operational disruption.
Helvetia Baloise posts 25.7% earnings rise in H1 2026, RoaE reaches 18.7%
The Swiss insurer reported CHF 632 million underlying earnings, a 25.7% jump year‑on‑year, and an annualised return on adjusted equity of 18.7%, beating its 16‑18% target.
Swiss Economic Calendar: SNB Policy Readings, Corporate Earnings Key This Week
Switzerland's economic and corporate calendar features SNB assessments, major results, and strategy launches across banking, real estate and industrials.
AEG Unveils New Appliances at IFA 2026, Backed by Strong German Growth
The Electrolux-owned brand showcased smart kitchen and laundry innovations at Berlin's trade show, as parent company Electrolux projects $0.20 EPS and modest 1% revenue growth for 2026.
Bitcoin Suisse to Cut Up to Half Its Swiss Staff in Restructuring Push
The Zug-based crypto firm is laying off up to 50% of its local workforce as it pivots from domestic trading to global wealth management, relocating back-office operations to Bratislava and Vietnam.
Covenant to build long-range cruise missiles in Germany
US-Israeli defense startup Covenant plans Leipzig production of its Anthem missile for European customers, targeting 5,000 units a year from 2027.
SGS-TÜV Saar listed by Germany's KBA for automated vehicle training
The company has been added to the Federal Motor Transport Authority's register of authorized technical services for GRA training, expanding its vehicle homologation offerings.
UBS Shares Fall 4.7% After Bank of America Flags Flat Trading Revenues
UBS shares dropped as much as 4.7% to 41.31 francs after Bank of America CEO Brian Moynihan forecast relatively stable Q3 trading revenues, raising concerns about the Swiss bank's record trading performance.
Nestlé says growth reset gains pace as RIG improves to 1.8% in Q2
Nestlé CFO Anna Manz said real internal growth accelerated from 1.2% in Q1 to 1.8% in Q2, with H1 cost savings of CHF 600 million and UTOP margins expected above 17%.
Confidence Prevails at Structured Products Forum in Interlaken
The International Structured Products Forum in Interlaken saw an optimistic tone driven by strong market performance, while speakers addressed regulatory challenges in Switzerland and the EU.
Akara Swiss Diversity Property Fund posts stable H1 2026, completes CHF 215m capital increase
The Swiss property fund reported a 2.56% H1 return, lifted rental income by over 9% to CHF 54m and reduced its leverage ratio to 20.73% after an oversubscribed CHF 215m issuance.