Archive – Banking & Fintech

Car-free day fails to put the brakes on commuters

This content was published on Sep 22, 2004 The “In Town Without My Car” campaign was designed to encourage commuters to leave their cars at home and travel to work by public transport. The French-speaking part of Switzerland took the lead on Wednesday, accounting for around 50 of the 116 municipalities taking part. The total was double the number for last year. However,…

Zurich turns water into wine

This content was published on Sep 22, 2004 November is also the month to visit towns and villages celebrating a bizarre range of curious customs. Zurich’s unique wine exhibition, Expovina, may be the best antidote for the blues brought on by chilly autumn weather and shorter days. Visitors will be spoiled for choice with thousands of wines from five continents to sample. It…

Ypsomed makes stock exchange debut

This content was published on Sep 22, 2004 Shares in the Burgdorf-based injection pen manufacturer were nearly eight times oversubscribed prior to the start of trading on Wednesday. The issue price was set at SFr68, at the upper end of the projected range, resulting in a cash injection of more than SFr200 million ($159 million) for Ypsomed. Trading on Wednesday opened at around…

Swiss lead Europe in telecoms service quality

This content was published on Sep 21, 2004 It also tops the list in terms of the overall price-quality trade-off. These are two of the key findings of a report published jointly on Tuesday by Zurich University’s socioeconomic institute and specialist consultancy Plaut Economics. However, some of the report’s findings have been criticised by key players in the Swiss telecoms sector – in…

Industry enjoys growth surge

This content was published on Sep 21, 2004 The figures, released by the Federal Statistical Office, showed that industrial production had also jumped by 4.3 per cent, providing more evidence of an economic recovery. Production rose 2.6 per cent in the first quarter compared with the same period last year, confirming a growth trend. Orders in the second quarter were also up over…

Exports continue to drive economic recovery

This content was published on Sep 21, 2004 All sectors benefited from the growth, but exports to China and Russia and watch exports to the United States were particularly strong. “In terms of exports, sector-wise the metal and watch industry, the chemical industry as well as the food and consumer goods industry shone with gains of over ten per cent,” the Customs Office…

Syngenta wins key patent protection case in China

This content was published on Sep 20, 2004 The ruling is seen in some circles as a sign that the Chinese authorities are making more efforts to protect intellectual property rights. Syngenta is one of a number of foreign investors in China taking more aggressive legal steps to crack down on what they see as blatant copyright and patent infringements. “Syngenta is on…

Health costs continue to spiral

This content was published on Sep 20, 2004 The forecast comes one week before the annual hike in premiums is due to be officially announced, and is in line with basic health costs which have risen 24 per cent in the past five years. The announcement on Monday by Santésuisse, the umbrella organisation of health insurance companies, coincides with the release of a…

Vote seeks to thwart Post Office’s cost cutting

This content was published on Sep 20, 2004 They argue postal services are crucial for the public, particularly in rural areas. But opponents say the state-owned Post Office has to make cuts to stay competitive. Voters will decide on September 16 whether to support the people’s initiative, launched by a trade union and the country’s main consumer organisation. Its backers want to ensure…

Banking chief highlights costs of regulation

This content was published on Sep 17, 2004 Urs Roth told swissinfo that regulatory requirements now account for up to ten per cent of the work in Swiss banks – with smaller institutions particularly hard hit. Roth was speaking after the SBA’s annual media conference on Thursday, which also saw the publication of a first-ever survey of the short-term prospects for the sector.…

Archive – Banking & Fintech

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Archive – Banking & Fintech

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Car-free day fails to put the brakes on commuters

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Zurich turns water into wine

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Ypsomed makes stock exchange debut

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Swiss lead Europe in telecoms service quality

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Industry enjoys growth surge

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Exports continue to drive economic recovery

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Syngenta wins key patent protection case in China

More

Health costs continue to spiral

More

Vote seeks to thwart Post Office’s cost cutting

More

Banking chief highlights costs of regulation

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