by cvonscha | 6 Feb, 2025 | Banks
What had already been leaked to the media became a certainty this Monday: Julius Baer will cut about one in ten jobs in Switzerland over the coming months. This comes after assets under management reached new record levels in 2024 and profits recovered from the 2023...
by cvonscha | 19 Dec, 2024 | Banks, CS/UBS acquisition
The Parliamentary Commission of Inquiry (PCI) will publish its report on Friday. The Swiss Bank Employees Association expects explanations as to why the tame supervisory authorities allowed Credit Suisse to operate for years with lower equity capital than required by...
by cvonscha | 10 Sep, 2024 | Wage, SBEA, SBEA, Wage
The Bank Employees Association is calling on banks in Switzerland to increase wages by 3 to 5 percent, depending on the specific situation of the individual institutions.Bank employees on low and medium salaries should receive general salary increases to offset...
by cvonscha | 10 Jun, 2024 | SBEA
107. Assembly of Delegates of the SBEA Zurich, June 10, 2024 At his 107th birthday. Among other things, the Swiss Bank Employees’ Association (SBEA) discussed and approved its strategy for the coming years at its 8th Annual Delegates’ Meeting in...
by cvonscha | 20 Mar, 2024 | SBEA
Bank employees are healthy, but… The health of bank employees is a core concern of the social partners in the Swiss banking sector. Last year, they conducted a broad-based health survey together with the University of Applied Sciences and Arts Northwestern...
by cvonscha | 6 Feb, 2024 | Banks, CS/UBS acquisition
Equal treatment for all Credit Suisse and UBS employees UBS today announced concrete details of how the integration of the Credit Suisse units in Switzerland will proceed. For the Swiss Bank Employees Association (SBEA), it is important that all employees of both...
by cvonscha | 14 Nov, 2023 | Wage
The results of the 2023 salary survey are out: In this week’s member magazine “GIRO”, we present the most important results (Heinz Gabathuler: “What are the latest salary trends in the Swiss financial sector?”). We have also published the...
by cvonscha | 15 Jun, 2023 | Banks, CS/UBS acquisition, Featured, SBEA
Clear commitment to social partnership Some 100 delegates and guests from all over Switzerland met at today’s Assembly of Delegates of the Swiss Bank Employees Association (SBEA) in Zurich. In the annual report, Managing Director Natalia Ferrara and President Michael...
by cvonscha | 12 Jun, 2023 | Banks, SBEA
Social partnership negotiations now! UBS officially took over Credit Suisse today, but has still not issued any specific statements regarding what this move means for jobs. Employees have been living with uncertainty about their professional future for 85 days. This...
by cvonscha | 12 Apr, 2023 | SBEA
What does this mean for bank staff? The SBEA has taken note of the decision taken by Parliament and the harsh criticism levelled at the big banks. It was relevant from the point of view of the SBEA that, in several votes, it was clearly the opinion of all parties that...