Archive – Banking & Fintech

This week in business

This content was published on Jul 1, 2000 Among the other top events this week:– Monday, the Swiss industrial sector recorded a 12 per cent increase in production over the first quarter of the year, compared to the same period last year, according to a report from the Federal Statistics Office.– Tuesday, the planned takeover of the semiconductor equipment company, Esec, by Unaxis…

The return of the lynx

This content was published on Jul 1, 2000 Imogen Foulkes goes in search of this controversial, but elusive creature. Why did the lynx die out in Switzerland a hundred years ago, and why should it come back? Find out the answers to these and many more questions about this alpine predator by listening to our audio feature; “In search of the lynx”. Discover…

Samantha Tonkin receives a lesson in “celebrity” from Hedi Olden

This content was published on Jul 1, 2000 The singer and artist, Hedi Olden (her stage name), is the heart of the chalet, the friendliest and trendiest place to be. Hedi experienced her musical hey day in the sixties, recording ballads and jazz numbers. Hedi married into the Donizetti music family, and together with her husband, ran the Hotel Olden for 37 years.…

Parliamentary report criticises cantons

This content was published on Jun 30, 2000 The committee is calling on the government to intervene with the cantons so that they guarantee free access to the domestic market without discrimination. The report was commissioned to find out the liberalisation effects of the federal law on the domestic market. Introduced in January 1996, the law was part of a package of measures…

UN makes overtures to Bretton Woods institutions

This content was published on Jun 30, 2000 Malloch Brown kicked off his visit by thanking the foreign minister, Joseph Deiss, for Switzerland’s continuing financial to the UNDP: this year Berne handed over 52 million francs to assist development programmes around the world. His trip coincided with the UN development summit in Geneva, where the general assembly acknowledged it had failed miserably to…

Hans Meyer to step down as head of the Swiss National Bank

This content was published on Jun 30, 2000 In a communiqué, Meyer, aged 64, said he was making the announcement now so that a successor could be appointed in due time to take over at the beginning of next year. Meyer joined the National Bank in 1965 after graduating in economics at the University of St Gallen in eastern Switzerland. He was appointed…

SIG Plastics: Approval of monopolies commissions

This content was published on Jun 30, 2000 The new SIG Plastics division will be integrated into the SIG Group as an independent unit. A company statement said that with this “important” acquisition, SIG had guaranteed its entrance into the extrusion and stretch blow-forming machine market. It added that SIG was intensifying its focus on packaging technology and aimed to develop the fast-growing…

Economics experts predict growth of almost 3 per cent

This content was published on Jun 30, 2000 The group of specialists, who form the Business Economists Consensus, was predicting in March that growth would be 2.39 per cent for the year as a whole. However, they believe that GDP growth will slow down next year to 2.35 per cent. The Consensus says that the strong export situation and domestic demand are supporting…

New directives to deal with dormant accounts

This content was published on Jun 30, 2000 They replace a set of directives issued by the Swiss Bankers Association in 1995 at a time when there was a huge debate about dormant accounts dating back to the Second World War era, particularly those belonging to Holocaust victims. The guidelines are aimed at preventing a situation in which the banks have to spend…

Swiss vote scuppers efforts to close two nuclear reprocessing plants

This content was published on Jun 29, 2000 The vote was held by signatories of a convention on protecting marine life. Switzerland joined Britain, France, Germany and Finland in opposing the bid at a meeting of the 15 member states of the Ospar Convention for the Protection of the Marine Environment of the North-East Atlantic. The opposition deprived the proposal of the necessary…

Archive – Banking & Fintech

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Archive – Banking & Fintech

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This week in business

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The return of the lynx

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Samantha Tonkin receives a lesson in “celebrity” from Hedi Olden

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Parliamentary report criticises cantons

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UN makes overtures to Bretton Woods institutions

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Hans Meyer to step down as head of the Swiss National Bank

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SIG Plastics: Approval of monopolies commissions

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Economics experts predict growth of almost 3 per cent

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New directives to deal with dormant accounts

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Swiss vote scuppers efforts to close two nuclear reprocessing plants

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