Archive – Banking & Fintech

Couchepin attends EFTA summit in Iceland

This content was published on Jun 26, 2002 Ministers at the meeting, which runs until Thursday in the Icelandic city of Egilsstadir, are due to sign a free trade agreement with Singapore as well as hold talks about the future direction of EFTA’s relations with non-EU countries. EFTA is comprised of four nations – Switzerland, Liechtenstein, Iceland and Norway – and accounts for…

virt-x marks first anniversary

This content was published on Jun 26, 2002 The trading platform is the product of a merger between the blue chip segment of the Swiss stock exchange – which owns 39 per cent of virt-x – and the British electronic trading platform, Tradepoint. virt-x was set up as an exchange platform to trade the top 600 European stocks with the aim of facilitating…

Euro puts pressure on Swiss economy

This content was published on Jun 25, 2002 Speaking at an economic forum in the German town of Tuttlingen, Roth said Switzerland would have to become more competitive in the near future to keep up with its European neighbours. He recalled the creation of the European domestic market in the 90s, pointing out that this move was an incentive for Switzerland to put…

Swiss industrial production suffers first-quarter slump

This content was published on Jun 25, 2002 According to figures released on Tuesday by the Federal Statistics Office, Swiss industrial output slipped by a total of 8.8 per cent. Rudolf Walser, chief economist of the Swiss Business Federation, said he was not surprised by the slump in production. “The slump in the production index is of no surprise to us,” Walser told…

Logitech named most dynamic Swiss business

This content was published on Jun 25, 2002 Based in canton Vaud, Logitech reported its best ever financial year last April with a 66 per cent increase in net income from $45 million (SFr68,13 million) to $75 million. Close behind Logitech in the annual survey of the top 100 Swiss companies were the biomedical company, Synthes-Stratec, and the Swiss transportation company, Kühne &…

Chernobyl website to serve as “manifesto against forgetting”

This content was published on Jun 25, 2002 “The catastrophe is not over and the effects are far from under control,” said Walter Fust, head of the Swiss Agency for Development and Cooperation (SDC), at the launch of the website, www.chernobyl.info. “This internet platform is a manifesto against forgetting,” he added. The world’s worst-ever nuclear accident happened 16 years ago, but the long-term…

Network security idea wins biz plan contest

This content was published on Jun 25, 2002 The team comprised researchers and professors from Bern’s University of Applied Science and the Federal Institute of Technology in Lausanne who will share the 60,000 franc first prize for their project called Cod-IT. Cod-IT is a solution to secure access to networks, computers, and Internet applications, such as homebanking. It includes the software, or a…

IMD students help build prosperity in Bosnia

This content was published on Jun 25, 2002 The week-long “Discovery Expedition” – which continues until Saturday – is billed as a learning experience for the 87 international students who hail from 37 different countries. The aim is to equip what IMD calls “leaders of the 21st Century” with the necessary skills to deal with challenges such as “globalisation, political unrest and war,…

Switzerland challenges US steel tariffs

This content was published on Jun 24, 2002 On Monday, the WTO accepted requests by Switzerland, Norway and China to appoint a panel of experts to determine whether the US’s action, which came into effect in March, contravened WTO trade agreements. “It’s the first time that Switzerland is requesting the establishment of a WTO panel to make a decision on the consistency of…

Villiger rebuffs EU attack on Swiss banking secrecy

This content was published on Jun 24, 2002 Villiger said on Monday that critics of Switzerland were out of step with the reality of the Swiss banking system – pointing to the country’s support for the fight against the financing of international crime and terrorism. Speaking to the Swiss Press Club in Geneva, Villiger also said EU demands that Switzerland open its banking…

Archive – Banking & Fintech

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Archive – Banking & Fintech

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Couchepin attends EFTA summit in Iceland

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virt-x marks first anniversary

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Euro puts pressure on Swiss economy

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Swiss industrial production suffers first-quarter slump

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Logitech named most dynamic Swiss business

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Chernobyl website to serve as “manifesto against forgetting”

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Network security idea wins biz plan contest

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IMD students help build prosperity in Bosnia

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Switzerland challenges US steel tariffs

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Villiger rebuffs EU attack on Swiss banking secrecy

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