Mercedes Ruehl

Palantir sues magazine that revealed Switzerland rejected its approaches [FREE TO READ] Peter Thiel-chaired data intelligence group alleges that Republik did not give it sufficient right to reply

as.ft.com/r/37f77fb1-0... Palantir sues magazine that revealed Switzerland rejected its approaches

With @rafeuddin.ft.com

Christine Lagarde’s move to run World Economic Forum not a ‘foregone conclusion’ [FREE TO READ] Upheaval at Davos changed calculus on finding permanent chair, according to people familiar with discussions

Christine Lagarde’s long-whispered move from the ECB to run the WEF is no longer a “foregone conclusion”, sources tell @financialtimes.com, as Trump’s Maga-fication of Davos scramble its succession plans.

With the magnificent @mjruehl.bsky.social & @olafstorbeck.ft.com

as.ft.com/r/780b0964-2...

Switzerland to vote on plan to cap population at 10mn Country has 9.1mn permanent residents and experts fear the move will limit companies’ access to foreign talent

One of the more unusual referendums I’ve reported on so far in Switzerland : citizens in June will vote on on putting a hard cap of 10mn on their population (it’s already at 9.1mn 😳)

www.ft.com/content/6755... Switzerland to vote on plan to cap population at 10mn

How private equity’s pioneer in tapping retail money lost its edge From Switzerland, Partners Group built a $185bn business by serving individual investors. Bigger US rivals have the market in their sights

From Switzerland, Partners Group built a $185bn business by serving individual investors. Bigger US rivals now have the market in their sights. Can it keep its edge? www.ft.com/content/7b9e...

SpaceX weighs June IPO timed to planetary alignment and Elon Musk’s birthday Celestial calendar meets high finance, as billionaire’s personal impulses shape plans to raise $50bn in record listing

In today's paper: How the celestial calendar met high finance for the upcoming SpaceX IPO www.ft.com/content/0ee3...

Tricky times for the SNB as dollar slump and yen vol sends global capital to last "reliable" FX haven. By @mjruehl.bsky.social + me
www.ft.com/content/4eb0...

How to get our kids to read books [FREE TO READ] Young readers are switching off — it’s time to change the subject

How to get our kids to read books

“…we risk something even starker than the further decline of a subject: losing generations of young readers and the curiosity, empathy and creativity that reading can inspire”

as.ft.com/r/b25fc9b5-3...

Nigel Farage attended Davos on a pass sponsored by the family office of Iranian billionaire Sasan Ghandehari, which told the WEF that the Reform UK leader had advised the company since 2018. W @ortenca.bsky.social and Anna Gross

as.ft.com/r/9d784a9c-e...

Nigel Farage attended Davos on a pass sponsored by the family office of Iranian billionaire Sasan Ghandehari, which told the World Economic Forum that the Reform UK leader had advised the company since 2018. ft.trib.al/V138xDu

Trump row over Greenland derails Ukraine postwar deal [FREE TO READ] Signature of ‘prosperity plan’ expected at Davos has been postponed amid transatlantic rift

“Nobody is in any mood to stage a grand spectacle around an agreement with Trump right now” said one official, adding that Greenland & the Board of Peace had “eclipsed” Ukraine at Davos

w super crew @christopherjm.ft.com @paolatamma.bsky.social @mjruehl.bsky.social

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Behind the Money with the Financial Times: Davos’ fight for relevance Every January a collection of the world’s top business and political leaders head to the Swiss town of Davos for the annual meeting of the World Economic Forum. The event is a week of panels and ...

On this week's ep of Behind the Money, the @financialtimes.com's @mjruehl.bsky.social
joins me to talk #WEF2026 and Davos.

Over the last year the WEF has faced a number of challenges & we talk through it all in this show.

Listen here! 🎧: podfollow.com/behind-the-m...

Is Switzerland losing its place in the world? [FREE TO READ] After a year of tumult, some are warning that a system built on neutrality, consensus and direct democracy is not moving fast enough

Today’s FT big read: Can Switzerland adapt to a harder global order ? There is a perception that the country’s bearings are shifting. Yet Switzerland enters this turbulent period with formidable economic strengths.

as.ft.com/r/17d3bbe3-5... Is Switzerland losing its place in the world?

UBS shares hit 17-year high on hopes of watered down capital reforms [FREE TO READ] Investor optimism has been fuelled by a compromise proposed by Swiss political parties

UBS shares have climbed to their highest level in more than 17 years, buoyed by growing investor optimism that Swiss lawmakers will reach a compromise on proposals to impose tougher capital rules on the bank.

as.ft.com/r/4bcf8118-6...

Swiss prosecutors file charges against Credit Suisse and UBS [FREE TO READ] Prosecutors alleged organisational ‘deficiencies’ relating to Mozambique ‘tuna bonds’ scandal

Swiss prosecutors have filed charges against Credit Suisse and its owner UBS over alleged organisational “deficiencies” linked to a roughly $7mn payment at the centre of the Mozambique $2bn “tuna bonds” scandal.
on.ft.com/4osWdcP

UBS to appeal court decision on Credit Suisse bond wipeout [FREE TO READ] Swiss bank says it has progressed in integrating Credit Suisse and achieved $10bn in cumulative cost savings

UBS will appeal a Swiss court decision that found a writedown of nearly SFr16.5bn in Credit Suisse bonds lacked a sufficient legal basis. on.ft.com/4qDcYV6

The Davos set in decline: can the World Economic Forum save itself? Battered by scandal, the Swiss organisation behind the annual summit faces a moment of crisis. Insiders say its future may depend on the success of next year’s meeting

Does the world still need Davos? www.ft.com/content/8f7d...

Denials and defiance: Nestlé chief’s exit over relationship prompts investor unrest [FREE TO READ] Shareholders turn on board over handling of CEO dismissal after chair Bulcke failed to heed earlier advice to fire Freixe

on.ft.com/4g7GjSv Denials and defiance: Nestlé chief’s exit over relationship prompts investor unrest

Switzerland celebrates hands-on democracy (with sausages) It has survived centuries but even this voting tradition is not immune to populist forces

Celebrating democracy in Switzerland with wurst and a show of hands

on.ft.com/3JkWlfn Switzerland celebrates hands-on democracy (with sausages)

Switzerland in ‘shock’ at 39% US tariff blow [FREE TO READ] New duty level on Swiss goods one of highest in the world and exceeds 31% rate outlined by Donald Trump in April

on.ft.com/45ftksS Switzerland in ‘shock’ at 39% US tariff blow

also, HT @matt-levine.bsky.social for one of my now favourite ever charts

www.bloomberg.com/opinion/news...

UBS FX Trades Were Too Good Also Sinovac, Daily Journal and an insurance correlation trade.

I will develop a plan to bring disciplined newsletter governance, proper capital allocation, strategic foresight and operational excellence to Money Stuff. www.bloomberg.com/opinion/news...

UBS orders bankers to scale back sale of complex currency products [FREE TO READ] Swiss bank tells advisers to stop pitching foreign exchange derivatives to many clients after losses

Be interesting to see if any heads will roll at UBS over this

on.ft.com/4mhC9t4 UBS orders bankers to scale back sale of complex currency products

Trump left a power vacuum at the UN. China saw an opportunity Beijing makes concerted effort to place officials and push its agenda in Geneva, say western diplomats

Scoop: After the US pullback, China is making a concerted effort to expand its influence throughout the UN. Story here with @henryjfoy.ft.com @lauramdubois.ft.com and Joe Leahy here:

www.ft.com/content/e289...

The Swiss solution looming into sight for UBS Switzerland’s pragmatic, slow-moving political system might benefit the bank in seeking compromise in debate over capital rules

The Swiss solution looming into sight for UBS - smart column here from @mjruehl.bsky.social Switzerland’s pragmatic, slow-moving political system might benefit the bank in seeking compromise in debate over capital rules www.ft.com/content/702f...

BCG earned more than $1mn for Gaza aid barge project Work with private US group Fogbow overlapped with start of separate effort to help Gaza Humanitarian Foundation

BCG earned more than $1mn for Gaza aid barge project https://on.ft.com/45097Zd

Switzerland stirs Brexit ghosts in push for EU access Referendum looms on single market deal that includes concessions on money, migration and judicial power

#Trade: #Switzerland stirs #Brexit ghosts in push for #EU access, by @mjruehl.bsky.social and @andybounds.bsky.social | Financial Times

Switzerland stirs Brexit ghosts in push for EU access Referendum looms on single market deal that includes concessions on money, migration and judicial power

From a very good piece by @andybounds.bsky.social and @mjruehl.bsky.social in today's FT on the EU-Swiss deal and the difficult road ahead:
www.ft.com/content/3200...

Inheritance tax referendum spooks Swiss super-rich Bankers and lawyers warn of exodus ahead of public vote on 50 per cent rate for the very wealthy

The other crucial part of this that gets lost is the proposed tax would also affect those running the thousands of small and medium sized businesses and entrepreneurial families spread across the country, many of which have their money entirely tied up in the business.

on.ft.com/4nd3rCb

Bankers and lawyers warn of a UK-style exodus ahead of an extreme proposed inheritance tax in Switzerland: this weekend’s FT front page

Can an ex-Goldman banker finally fix Julius Baer? The Swiss wealth manager’s new chief executive Stefan Bollinger takes on a troubled legacy — and Zurich’s establishment

As a teenage apprentice in Switzerland, Stefan Bollinger was told that with no university degree, his banking career was over. Now the former Goldman and JPMorgan banker has landed one of the top jobs in Swiss finance at Julius Baer. Can he turn it around?
www.ft.com/content/c4bc...