UBS will not have it easy in 2025
The bank with three keys reported on Wednesday a unanimously praised performance in the third partial. But if the group was confident in its prospects for the last three months of the year, it recognizes between the lines that at least four challenges await it next year. Pascal Schmuck’s analysis.
When it comes to robotics, Switzerland stands out for its pragmatism
Focused on industrial robots, which make up the bulk of the market, rather than on spectacular products. The country’s start-ups raised a record amount in 2023, as the fever around AI boosts investments. Added to the financial catalyst for AI is “the increase in demand linked to the aging of the workforce in several markets,” describes Alessandro Morra, CEO and co-founder of Ascento.
Net inflows growing steadily for four years: the “great success” of Piguet Galland
Piguet Galland is one of the rare private banks that has survived as an independent entity within a cantonal establishment, in this case the Banque cantonale vaudoise. Its CEO, Olivier Calloud, has been at its head since the merger in 2011 of Piguet and Franck Galland. In an exclusive interview, he explains how the private bank managed to reach a symbolic milestone by focusing on the needs of local customers.
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