Archive – Banking & Fintech

SAir welcomes sale of Air Liberté

This content was published on May 5, 2000 Taitbout Antibes bought the shareholding for SFr125 million. Taitbout is a subsidiary of Marine Wendel and Group Alpha which, together with the SAir Group, own the French airline AOM and also possess a stake in another French domestic airline, Air Littoral. SAir and its French partners see a large potential for synergies between the three…

Literature goes digital at Geneva Book Fair

This content was published on May 5, 2000 Currently, there are only two kinds of e-book on the market – the Rocket e-Book and the Softbook – and they are only available in the United States. But later both will be launched in Europe, along with the first European-produced e-book, made by the French firm Cytale. The current generation of e-books weigh around…

Holocaust asset claimants a step closer to restitution

This content was published on May 5, 2000 Switzerland’s two biggest banks, UBS and Credit Suisse, are hoping to get final approval this month on a compromise deal reached with a United States judge. They are proposing to provide access to at least two million Nazi-era accounts, half the number requested by an independent commission. Once this issue is resolved, agreement on the…

Prominent Zurich financier killed in plane crash

This content was published on May 4, 2000 Müller-Möhl had just taken off from the Speck-Fehraltdorf airfield in canton Zurich and was heading towards Ticino, when the plane went down. He was travelling alone. It is not known what caused the crash. Müller-Möhl made a name for himself as an investor and large shareholder in many Swiss companies. He founded the Bank am…

Switzerland toasts EFTA on 40th anniversary

This content was published on May 4, 2000 In his keynote speech to Switzerland’s EFTA partners, Norway, Iceland and Liechtenstein, Couchepin said, “In a person’s life, a 40th birthday is an important milestone,” and took the opportunity to look at the 40-year-old organisation’s future. He said the single most important lesson to be learned from EFTA’s past was its “ability to transform itself…

Prominent Zurich financier killed in plane crash

This content was published on May 4, 2000 Müller-Möhl had just taken off from the Speck-Fehraltdorf airfield in canton Zurich and was heading towards Ticino, when the plane went down. It is not known what caused the crash. Müller-Möhl made a name for himself as an investor and large shareholder in many Swiss companies. He founded the Bank am Bellevue, and co-founded the…

Stock market merger leaves Zurich in cold

This content was published on May 3, 2000 The Zurich bourse has joined neither the London-Frankfurt axis or the Paris, Amsterdam, Brussels alliance. Leo Hug, spokesman for the Swiss Stock Exchange told swissinfo the bourse was not being inactive. “We have our options and we have our strategy, and we will communicate this as and when we have news.” The merger announcement between…

Swiss to head new merged stock exchange

This content was published on May 3, 2000 The 51 year-old has been chief executive of the German stock exchange since August 1993, when he was appointed by Rolf Breuer, who’s now head of Deutsche Bank. Seifert is credited with overhauling the Frankfurt bourse and successfully managing the installation of the electronic transaction system which marked its recovery. Born in Winterthur in 1949,…

Underwear maker slips into red for first time ever

This content was published on May 3, 2000 Turnover fell from SFr201 in 1998 to SFr195 last year. Profits fell from a plus of SFr10.2 million in 1998 to a SFr1.3 million loss in 1999. Calida’s chief executive officer, Erich Kellenberger, said the loss was due to problems linked to the introduction of new software and planning errors. Analysts say the losses mark…

Geneva hosts international book fair

This content was published on May 3, 2000 Since it was first held in 1987, the “Salon International du Livre et de la Presse” has become an important showcase for publishers and other sectors of the book world. By inviting Germany as guest of honour, the fair is paying tribute to a country which is second only to China in the number of…

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Archive – Banking & Fintech

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SAir welcomes sale of Air Liberté

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Literature goes digital at Geneva Book Fair

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Holocaust asset claimants a step closer to restitution

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Prominent Zurich financier killed in plane crash

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Switzerland toasts EFTA on 40th anniversary

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Prominent Zurich financier killed in plane crash

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Stock market merger leaves Zurich in cold

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Swiss to head new merged stock exchange

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Underwear maker slips into red for first time ever

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Geneva hosts international book fair

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