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5-day change | 1st Jan Change | ||
| 99.5 CHF | -1.24% |
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+1.53% | +5.22% |
| Apr. 22 | Swiss Re to Roll Out AI-Powered Insurance Underwriting Assistant | MT |
| Apr. 15 | Swiss Re Appoints New Chairman | MT |
ZURICH (Reuters) - UBS Swiss head Martin Blessing said on Thursday the bank's biggest challenge this year will be keeping up decent returns.
"We must also see that we still earn decent money. That will certainly be the biggest challenge in 2017," Blessing, who joined UBS in September, said at a banking conference organised by Swiss newspaper Finanz und Wirtschaft.
One factor making things tougher for banks in Switzerland is the Swiss central bank's negative interest rate policy. Blessing said UBS has no plans to pass on negative rates to retail clients.
(Reporting by Joshua Franklin and Angelika Gruber)
| 1st Jan change | Capi. | |
|---|---|---|
| +5.22% | 32.01B | |
| +7.50% | 6.89B | |
| +14.36% | 5.89B | |
| -0.20% | 5.88B | |
| -1.41% | 4.27B | |
| +15.38% | 867M | |
| +16.05% | 658M | |
| +7.14% | 494M | |
| +40.16% | 282M | |
| +5.33% | 153M |
SWISS RE LTD 
