Topic
After 30 years with the Swiss watchmaker François-Henry Bennahmias – the man who brought stars like Jay-Z and Shaquille O’Neal to the brand – will hand over to one of the few women leading a major luxury brand
After spending more than half his life at the storied Swiss watchmaker, how much does the former pro golfer really know about the brand? We put him on the spot to find out
Visitors to the old Swiss towns of Chur and Gruyères can take in the weird art of H R Giger, the designer behind the titular extraterrestrials in the Alien movies, while enjoying idyllic medieval backdrops.
The luxury Swiss watch brand used to be known as a well-respected if obscure maker of high horology, but now it’s in the spotlight alongside the likes of Audemars Piguet and Patek Philippe
The appointments come as the two firms aim to complete the US$3.37 billion deal as soon as this month. The combined firm will operate with five divisions, seven functions and four regions, and Credit Suisse.
This year’s Watches and Wonders saw Tudor bring out some of its most game-changing news yet – here’s a peek inside Tudor Manufacture and the new Black Bay models from the brand
Conveying the true depth of a brand that’s been around for 190 years to Gen Z clientele is no mean feat, but Jaeger-LeCoultre CEO Catherine Rénier knows that accessibility is key
Retrograde day-date functions are technically challenging, but this year Vacheron Constantin has decided to add them to not one, but three of its collections
The centuries-old sautoir or necklace watch is making a comeback, primarily as a eye-catching piece of jewellery that just happens to also tell the time should you need it
The Watches and Wonders afterglow is real, but brands from Audemars Piguet to Biver have been making noise of their own this month – here are April’s watch highlights
UBS Group attracted US$28 billion from wealthy clients in the months running up to its takeover of Credit Suisse Group, in an early indication of how many assets the combined firms will be able to retain.
The bank saw US$68.6 billion withdrawn in the first quarter alone, it said Monday in what is likely its final quarterly report before it is swallowed by its larger domestic rival, UBS.
Tales of the dangerous Carrera Panamericana in Mexico inspired former CEO Jack Heuer to name a watch after the race and 6 decades on, the brand is celebrating with 4 new models
One of watchmaking’s oldest names, the Swiss luxury brand that supplied watches to the daring pioneers of aviation has relaunched its iconic Pilot collection and updated its Defy models
The Geneva fair defied talk of wider global gloom, with watchmaking giants like Rolex, Chopard, Panerai, Jaeger-LeCoultre and Cartier focusing on the crucial reopening of China’s market
The brand won’t enter the secondhand market like Rolex and will release more ‘modestly’ priced watches besides million-dollar models, while Stern’s two sons will eventually join the business
Richard Mille has just unveiled its first women’s sports watch, the RM 07-04 Automatic Sport, which comes in 6 versions inspired by 6 leading female athletes
Marie-Eve Volkoff became frustrated when she was stuck inside her small flat last summer because of Switzerland’s punishing triple heatwaves – her case could set an important precedent.
From celebrating the 60th anniversary of the Cosmograph Daytona to introducing the Oyster Perpetual with zany dials, Rolex has definitely made a splash at Watches and Wonders this year in Geneva
Richard Mille’s women’s timepieces are every bit as striking and mechanically advanced as their male counterparts – here’s how the Swiss brand masters form and functionality in its designs
The Swiss government was forced to intervene to save the troubled bank amid a crisis of investor confidence, Finance Minister Karin Keller-Sutter said.
The Department of Justice (DOJ) is looking into whether the banks helped Russian oligarchs evade sanctions, Bloomberg News reported.
Credit Suisse’s 26th annual investment conference, which was supposed to be the proof of its turnaround, has instead turned into what could be its swan song conference for the 167-year-old bank.
UBS and Credit Suisse employed nearly 125,000 people globally at the end of 2022, including about 23,000 in Asia.
Bank of England, European Central Bank say shareholders will bear losses before bondholders in bank insolvencies after the decision to wipe out US$17 billion in Credit Suisse debt in rescue.
The SFC and HKMA are seeking to assure the markets that the takeover of Credit Suisse, soon after the collapse of several US banks, would not trigger the kind of panic that led to the 2008 global financial crisis.
The deal, in which Switzerland’s biggest bank will take over the second-largest in the country, was vital to prevent irreparable economic turmoil spreading throughout the country and beyond, the Swiss government said.
Merger of this scale would normally take months; UBS, Switzerland’s biggest bank, will have had a few days.