Archive – Banking & Fintech

Demonstrators take noise protest to the skies

This content was published on Jan 31, 2004 They included residents who live beneath the flight path that has been operational since the end of October to reduce noise pollution over southern Germany. Blowing whistles, wearing yellow caps and carrying balloons of the same colour, the marchers made their way from Balsberg to the airport. Joining them were representatives of public authorities from…

Swiss debtors replace model bill payers

This content was published on Jan 30, 2004 The phenomenon has proved catastrophic for many companies and costs the Swiss economy billions of francs. Until the end of the 1980s, the Swiss were highly regarded for their traditional promptness in settling bills. Now, however, they are in the lower section of the European table drawn up by Intrum Justitia, a company specialized in…

Adecco breaks silence on accounting woes

This content was published on Jan 30, 2004 The company, which reported the irregularities earlier this month, also confirmed that Jérôme Caille would stay on as chief executive. “Instances of local irregularities and misappropriations – mainly at branch-level – have been identified in certain countries,” Adecco said in a statement on Friday. The firm added that these accounting issues were not a major…

OECD tells Swiss to speed up reforms

This content was published on Jan 29, 2004 It said Switzerland needed to become more competitive and boost growth if the country was to maintain high living standards. The OECD said that increasing growth was the main policy challenge facing the nation. In its economic study of Switzerland published on Friday, the Paris-based organisation commented that the protracted period of “meagre productivity growth”…

Swiss hope to make a mint out of new coins

This content was published on Jan 29, 2004 One carries the image of the Matterhorn mountain, while the other shows Chillon Castle on Lake Geneva. The coins are due to be unveiled at this year’s World Money Fair in Basel on Friday. “The launch of these coins is a worldwide premier,” Kurt Rohrer, the chairman of swissmint, told swissinfo. This is the first…

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Road transport vote may not go government’s way

This content was published on Jan 28, 2004 Just over half those surveyed said they were against the proposals, which go to a nationwide vote on February 8. The main sticking point is the plan for a second Gotthard road tunnel through the Alps. In the final poll before the ballot, 51 per cent said they would vote against the proposals, while only…

Google to set up in Zurich

This content was published on Jan 28, 2004 Google says it chose Switzerland’s largest city because it offers access to information technology experts as well as a multilingual environment and favourable tax conditions. “Zurich should be thought of as our European headquarters. We will bring the best of Europe’s computer scientists to Zurich,” Urs Hölzle, a vice-president at Google, told the “Neue Zürcher…

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Demonstrators take noise protest to the skies

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Swiss debtors replace model bill payers

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Adecco breaks silence on accounting woes

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OECD tells Swiss to speed up reforms

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Swiss hope to make a mint out of new coins

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Tips and Tricks

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Road transport vote may not go government’s way

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Google to set up in Zurich

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