{
  "id": 9532973,
  "title": "Nach der Bank Vontobel verlässt auch Cembra die Stadt Zürich",
  "url": "https://urgent.news/2026/09/24/nach-der-bank-vontobel-verlasst-auch-cembra-die-stadt-zurich",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-24T10:02:09.000Z",
  "source": {
    "name": "NZZ Wirtschaft",
    "slug": "nzz-wirtschaft",
    "url": "https://www.nzz.ch/wirtschaft/nach-der-bank-vontobel-verlaesst-auch-cembra-die-stadt-zuerich-ld.10025230"
  },
  "original_language": "de",
  "account": "Cembra Money Bank is relocating its headquarters to Baden, Switzerland, from Zürich Altstetten. The bank claims that the move is necessary to secure modern office spaces and save on taxes. Cembra CEO Holger Laubenthal stated, \"We want to ensure that our working environment aligns with our company culture, goals, and the needs of our employees.\" The new location, Konnex in Baden-Nord, features a contemporary and flexible office design that caters to modern work practices such as hybrid work. Around 660 employees from Cembra will relocate to Aargau, while hubs in Zürich, Bern, Lausanne, Lugano, and St. Gallen will remain operational. Despite the tax differences between Aargau and Zürich, Cembra is not primarily motivated by tax considerations but rather by the availability of suitable office spaces. The decision to move comes as Zürich struggles to maintain its position as a top business location, despite higher taxes and limited office spaces.",
  "summary": "Die Cembra Money Bank verlegt ihren Hauptsitz nach Baden. Dort lockt ein modernes Bürogebäude. Doch die Bank dürfte auch Steuern sparen.",
  "key_points": [
    "Cembra Money Bank relocates from Zürich to Baden, Switzerland.",
    "CEO Holger Laubenthal emphasizes modern office spaces and employee needs.",
    "660 employees move to Aargau, hubs remain in five other cities."
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}