trending Market Intelligence /marketintelligence/en/news-insights/trending/fmojnopsers3e8kin6mgcg2 content esgSubNav
In This List

Vontobel to cut jobs at newly acquired Notenstein La Roche

Podcast

Street Talk | Episode 94: Recessionary fears in ’22 overblown, Fed could overtighten

Blog

Insight Weekly: Ukraine war impact on mining; US bank growth slowdown; cloud computing headwinds

Blog

Investment Banking Essentials Newsletter April Edition - 2022

Blog

Banking Essentials Newsletter April Edition - 2022


Vontobel to cut jobs at newly acquired Notenstein La Roche

Vontobel Holding AG could cut up to 140 out of 400 jobs at Notenstein La Roche Privatbank AG after acquiring the bank from Raiffeisen Schweiz Genossenschaft for CHF700 million, Reuters reported, citing Swiss newspaper Tages-Anzeiger.

The job cuts would come from IT-related roles and other back office functions, the July 5 report said. A Vontobel spokeswoman confirmed the plan to Reuters.