Uncategorised

SWITZERLAND - UBS will commence a share buyback programme leading to the cancellation of shares.

GERMANY - Germany could be in danger of a double-dip recession according to an influential economic indicator.

SWITZERLAND - Zurich Financial Services has appointed Doris Larmann as chief communications officer and Pierre Guigui as head of investor relations.

GERMANY - Investor sentiment in Germany eroded significantly this month amid fears of deteriorating economic conditions.

GERMANY/ITALY - Dutch/Belgian Fortis Bank has ended its European equity research activities in Frankfurt and Milan.

SWITZERLAND - As part of its strategy to increase institutional business activity in Switzerland, Franklin Templeton Investments (FTI) has appointed Elzbieta Banz as marketing director for Switzerland.

SWITZERLAND - The massive Swiss social security fund AHV could start its search for hedge fund managers by as early as Q1, 2003.

GERMANY/AUSTRIA - HVB Alternatives, part of the Bayerische HypoVereinsbank, has launched Germany's first participation certificates in alternatives for institutional investors.

GERMANY/AUSTRIA - HVB Alternatives, part of the Bayerische HypoVereinsbank, has launched Germany's first participation certificates in alternatives for institutional investors.

GERMANY/UK - The Deutsche Postbank pension scheme achieved straight-through processing rates of over 99% according to its payment processing supplier JPMorgan Treasury Services.