Archive – Banking & Fintech

Economic growth at new high despite slowdown in fourth quarter

This content was published on Mar 8, 2001 Economic growth slowed in the final three months of last year from an increase in gross domestic product (GDP) of 3.6 per cent year-on-year in the third quarter of 2000. Analysts had expected GDP growth of between 2.2 and 3.2 per cent in the final quarter of last year. The figures released by the State…

Suter’s departure heralds more turbulence for SAirGroup

This content was published on Mar 8, 2001 The group is currently undergoing a strategic overhaul, following the departure of its chief executive, Philippe Bruggisser, in January. Suter, 57, formerly boss of SAirGroup’s short-haul regional airline, Crossair, gave up his position as head of the SAirLines division on Wednesday. He is to remain on the board on Crossair, which he founded more than…

Dario Ballanti: AlpTransit, a project benefiting the whole of Europe

This content was published on Mar 8, 2001 As public relations manager for AlpTransit, Dario Ballanti works at Faido and Bellinzona. “I became involved in this adventure quite by chance, even though I am well qualified for it by virtue of my doctorate in geology and earth science at the Swiss Federal Institute of Technology in Zurich, and my previous job as a…

Suter’s departure hits SAirGroup shares

This content was published on Mar 8, 2001 Shares in the airline conglomerate dropped more than two per cent on the Swiss Stock Exchange, after having traded higher earlier in the session. Suter’s departure comes as the SAirGroup redefines its strategy in an attempt to cut losses at its airline affiliates, and concentrate on its flagship carrier, Swissair, and its airline-related businesses. Suter,…

Bern trio patent front brake light

This content was published on Mar 7, 2001 Nine months on and Mischler and two friends, Mario Imhof and Simon Sigg, have worked on the project and filed a patent with the European Patent Office in Munich. Imhof explains how the idea was born: “Last summer, the three of us were crossing the road together when Mischler said: ‘Why on earth can’t you…

Suter resigns helm of SAirGroup’s flight business

This content was published on Mar 7, 2001 The group promptly issued a statement of regret, saying: “Eric Honegger, the president of the board of management and SAirGroup CEO, accepts with regret the immediate resignation of Moritz Suter”. Suter was drafted in to take charge of the group’s airlines – which include Swissair, Crossair and Sabena, as well as a string of stakes…

Disetronic seals US deal

This content was published on Mar 7, 2001 Under the terms of the deal, announced on Wednesday, Disetronic will provide insulin pumps to CCN members who have Type One diabetes and would benefit from pump therapy. Disetronic Chief Executive, Thomas Meyer, said the deal underscored the company’s move to tap more business in the US insulin pump market via managed care companies. The…

CSFB refutes allegations of insider trading

This content was published on Mar 7, 2001 The reported charge is linked to a merger which will create the largest private sector bank in India. The Securities and Exchange Board of India (SEBI) was quoted by the paper as saying that it had “prima facie” evidence that CSFB was involved in insider trading. It said there had been “unusual movements” in the…

Zurich Financial Services to shed 230 jobs

This content was published on Mar 7, 2001 In a statement, the company said it hoped that natural wastage would account for a large number of the job losses. It said it also planned to re-deploy more than 80 employees whose posts are being axed. The job cuts are envisaged as part of a new organisational structure, which was first announced last November…

Another sponsor pulls out of troubled Expo 02

This content was published on Mar 6, 2001 Jakobshorn-Bahnen SA, a ski lift company based in Davos, announced on Tuesday it was withdrawing its donation of SFr6 million, which had been earmarked for the construction of a modular hotel in Biel, one of the venues for Expo 02. The 90-bed hotel was to have been built to accommodate Expo 02 visitors before being…

Archive – Banking & Fintech

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Archive – Banking & Fintech

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Economic growth at new high despite slowdown in fourth quarter

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Suter’s departure heralds more turbulence for SAirGroup

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Dario Ballanti: AlpTransit, a project benefiting the whole of Europe

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Suter’s departure hits SAirGroup shares

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Bern trio patent front brake light

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Suter resigns helm of SAirGroup’s flight business

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Disetronic seals US deal

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CSFB refutes allegations of insider trading

More

Zurich Financial Services to shed 230 jobs

More

Another sponsor pulls out of troubled Expo 02

Popular Stories

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