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Top finews.ch News

Billionaires are inheriting record levels of wealth, UBS report finds — REUTERS / pwu404

UBS · Switzerland

Billionaires are inheriting record levels of wealth, UBS report finds

40% Center coverage: 15 sources

The spouses and children of billionaires inherited more wealth in 2025 than in any previous year since reporting began in 2015, according to UBS's Billionaire Ambitions Report published on Thursday.See the Story

UBS may cut further 10,000 jobs by 2027, SonntagsBlick reports — REUTERS / pwu404

Layoffs · Switzerland

UBS may cut further 10,000 jobs by 2027, SonntagsBlick reports

46% Right coverage: 13 sources

UBS may cut an additional 10,000 jobs by 2027, Swiss paper SonntagsBlick reported on Sunday, without citing where it obtained the information. Responding to the report, UBS did not confirm this number, but said it would "keep the number of jobs cuts in Switzerland and globally as low as possible".See the Story

Swiss Re targets group net income of $4.5bn in 2026

Artificial Intelligence · Switzerland

Swiss Re targets group net income of $4.5bn in 2026

Zurich-domiciled global reinsurance company, Swiss Re, has set its targets for 2026, including a group net income of $4.5 billion and a Property & Casualty Reinsurance combined ratio of less than 85%. The reinsurer has maintained or increased targets for all individual business units for next year. Alongside the aforementioned P&C Re result, at Swiss Re Corporate Solutions, the commercial insurance arm of the reinsurance giant, a combined ratio …See the Story

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