Swiss investment house Vontobel has appointed a former UBS and Credit Suisse communications veteran to lead its global media strategy. The move reflects how strategic communication is becoming as vital to banking stability as capital adequacy.
The Power of Communication in Banking
In an era of digital banking, news spreads faster than any market correction. Effective communication — both internal and external — builds investor trust, reassures clients, and protects a bank’s reputation during crises.
From Credit Suisse’s Collapse to Vontobel’s Strategy
After the collapse of Credit Suisse, Swiss banks learned hard lessons about transparency. The new Vontobel appointee brings over two decades of experience advising senior executives through restructurings, mergers, and media scrutiny — skills crucial for navigating modern market sentiment.
Reputation as Financial Capital
A bank’s credibility influences everything from deposit stability to credit spreads. Clear messaging can prevent panic withdrawals, while miscommunication can trigger them. Vontobel’s investment in communications leadership signals the growing recognition that reputation is financial capital.
Closing Insight
In the digital era, managing information is as critical as managing deposits. The appointment at Vontobel symbolizes a broader shift: in banking, credibility is the new currency — and communication is the most valuable deposit of all.