trending Market Intelligence /marketintelligence/en/news-insights/trending/yfatwwjzyjylpd39rtpita2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Former CEO of Raiffeisen Switzerland released from custody

StreetTalk – Episode 69: Banks left with pockets full of cash and few places to go

Street Talk – Episode 69: Banks left with pockets full of cash and few places to go

Street Talk Episode 68 - As many investors zig away from bank stocks, 2 vets in the space zag toward them

Street Talk Episode 66 - Community banks tap the debt markets while the getting is good

Former CEO of Raiffeisen Switzerland released from custody

Pierin Vincenz, a former CEO of cooperative bank Raiffeisen Gruppe Switzerland, was released from custody by Zurich's public prosecutor's office June 12 after 106 days in pretrial detention, Blick reported.

Vincenz was detained at the end of February over potential breach of trust linked to payments firm Aduno Holding AG and private equity firm Investnet AG, a current and former unit of Raiffeisen Gruppe Switzerland, respectively. The investigation is still ongoing even though Vincenz and Aduno CEO Beat Stocker have been released, the Zurich prosecutor's office confirmed, according to Blick.

Pretrial detention usually lasts for up to three months but the court allowed Vincenz to be held longer, answering to the prosecutors' concerns that he may suppress evidence, Blick said.

Vincenz managed to quash a conflict of interest investigation launched against him by the Swiss financial market watchdog Finma last year by resigning from all boards of Finma-supervised financial firms. However, the parallel investigation Finma launched against Raiffeisen Gruppe Switzerland is still ongoing, the report said. Thus the pressure on current Raiffeisen CEO Patrik Gisel remains high even after the resignation of chairman Johannes Rüegg-Stürm in early March. Gisel was questioned by authorities in late March.

Both Vincenz and Gisel deny any wrongdoing.