Archive – Banking & Fintech

UBS makes “leadership change”

This content was published on Dec 18, 2001 British-born Arnold took over the position just seven months ago, becoming the first non-Swiss to hold the position. His immediate departure reflects a number of differences of opinion, according to the bank. It is not, however, the result of financial, operational or control issues, UBS said. “We regret the necessity to make this leadership change,”…

Transport sector hit by fresh unemployment

This content was published on Dec 18, 2001 According to figures released by the State Secretariat for Economic Affairs on Tuesday, more than 1,200 jobs were lost in the sector in the past month. This was 42.9 per cent more than in October. Overall, just under 78,000 people were unemployed in Switzerland, up 13.7 per cent over the previous month. The national unemployment…

The Swiss really get around

This content was published on Dec 18, 2001 Nearly half the journeys were for leisure activities, said the authors of the Swiss mobility study, which was carried out jointly by the Federal Office of Statistics and the Federal Office for Territorial Development. The daily distance travelled represents a 30 per cent increase since 1984. Hardly anyone stays at home during the day. Ninety…

Bankrupt Lucerne fight on

This content was published on Dec 18, 2001 After struggling both on and off the pitch this season, FC Lucerne are facing debts of more than SFr 4 million ($2.45 million), and need to find SFr 2 million by the end of the season if the club is to avoid liquidation. Despite failing to find the necessary funds in time for Wednesday’s General…

Swiss-based lingerie firm draws protests

This content was published on Dec 18, 2001 Triumph International, one of Europe’s leading lingerie manufacturers, has come under renewed attack by several NGOs and human rights groups in recent weeks because one of its garment factories is located in Myanmar (formerly Burma), a country criticized for its human rights record. “Support breasts, not dictators” The latest campaign is called “support breasts, not…

Health insurance law “partial failure” says Dreifuss

This content was published on Dec 17, 2001 Presenting a report on the law’s impact on Monday, Dreifuss said it had failed to rein in costs, but that it had guaranteed quality healthcare and a fairer distribution of the financial burden. The cost of healthcare jumped from SFr34 billion ($20.83 billion) to SFr41.6 billion between 1994 and 1999. “The law didn’t live up…

Bordello opens doors to female clientele

This content was published on Dec 17, 2001 “Angels”, set up near Leibstadt, is Europe’s first legal brothel for female clients according to the project’s promoter. “We offer a friendly atmosphere and good-looking men,” said Calvin, who refused to give his full name. “Angels” offers a full range of services, from a simple massage for SFr40 ($25) to much more if the customer…

Kudelski expects higher revenues

This content was published on Dec 17, 2001 André Kudelski, the digital technology company’s CEO, said on Monday revenue for 2001 should reach SFr450 to 500 million. The Cheseaux-based company recently signed a number of new deals, which may provide a solid basis for ongoing sales growth. Kudelski expects sales to continue to rise in 2002, increasing again by one quarter. Profits could…

Swiss to tackle alcohol abuse at local level

This content was published on Dec 16, 2001 The programme, dubbed “Handle With Care”, was launched by the Foundation for Health Promotion (Radix) in a bid to encourage local authorities to take more responsibility and initiative in fighting alcohol abuse. Stefan Spring, coordinator of the Handle With Care project, told swissinfo Switzerland’s network of local communities could do more to ensure under-age drinkers…

Swiss unsure about future of new national airline

This content was published on Dec 16, 2001 The survey, carried out by Isopublic and published in the German-speaking newspaper “SonntagsBlick”, found that 42 per cent of those questioned believed the new airline would have “very little chance” of success. Only seven per cent of the 600 Swiss questioned by the pollsters said they thought the airline had a “very good chance” of…

Archive – Banking & Fintech

Popular Stories

Most Discussed

Sign in and personalize Swissinfo

Archive – Banking & Fintech

More

UBS makes “leadership change”

More

Transport sector hit by fresh unemployment

More

The Swiss really get around

More

Bankrupt Lucerne fight on

More

Swiss-based lingerie firm draws protests

More

Health insurance law “partial failure” says Dreifuss

More

Bordello opens doors to female clientele

More

Kudelski expects higher revenues

More

Swiss to tackle alcohol abuse at local level

More

Swiss unsure about future of new national airline

Popular Stories

Most Discussed