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Urs Rohner’s name was removed from the website of gold trader Gilded Switzerland AG following the “Handelszeitung” article published last Friday, which stated that Rohner was on the board of directors. Until recently, Rohner was also a consultant at the company. The “Inside Paradeplatz” portal reports on relevant website changes.
According to the business registry, Rohner is still one of Gilded’s two board members. The company was founded by Rohner’s consulting firm, U. Rohner & Co., in Seefeld, Zurich. It is located at the same address as AG.
Rohner offers security outside the banking system
Rohner’s position in the company is notable for, among other things, ensuring that assets are kept securely outside the banking system. Therefore, the company appeals to customers who do not have much faith in the security of financial institutions. Because of Rohner’s position at the company, one might assume that he too did not believe in the security of the banking system.
This is especially important because Rohner was at the top of one of the world’s largest banks for a decade: as Chairman of Credit Suisse (CS) from 2011 to 2021. Rohner is therefore a close expert in the field of banking. system.
How safe are banks?
The big Swiss bank CS got into so much trouble this year that it had to be rescued. It is now being integrated into UBS. This situation can be seen as an indication that the banking system is not actually fully secure. In fact, banks have very little capital. This also applies to UBS.
This article was first published on the paid service of handelszeitung.ch. Blick+ users have exclusive access as part of their subscription. You can find more exciting articles at www.handelszeitung.ch.
This article was first published on the paid service of handelszeitung.ch. Blick+ users have exclusive access as part of their subscription. You can find more exciting articles at www.handelszeitung.ch.
According to regulators, a large Swiss bank is required to have only 3.5 percent real equity capital. This can disappear very quickly in a difficult environment. It is not for nothing that banks demand at least 20 percent equity capital from their mortgage customers, not just 3.5 percent.
Source :Blick
I’m Tim David and I work as an author for 24 Instant News, covering the Market section. With a Bachelor’s Degree in Journalism, my mission is to provide accurate, timely and insightful news coverage that helps our readers stay informed about the latest trends in the market. My writing style is focused on making complex economic topics easy to understand for everyone.
