Archive – Banking & Fintech

Ongoing roadblocks stifle growth of Swiss banks

This content was published on Aug 30, 2018 Releasing its annual Banking Barometer, which measures the performance of the sector in 2017, the SBA found that aggregate profits (profits minus losses) across Switzerland’s 253 banks rose by nearly a quarter to CHF9.8 billion ($10.1 billion). Assets under management (AuM) also grew nearly 10% to reach CHF7.3 trillion. “Even though the current environment is…

South Korean managers visit Crypto Valley

This content was published on Aug 30, 2018

SkyWork lands its last ever plane in Bern Airport

This content was published on Aug 30, 2018 Ongoing financial difficulties forced the company to declare itself bankrupt. Some 11,000 passengers are affected.

Eye on the Multinationals: Your questions become our stories

This content was published on Aug 29, 2018 Do you work for or would like to work for a multinational company? Are you concerned about the impact of multinational companies at home and abroad?

US fines Basel Cantonal Bank for tax evasion role

This content was published on Aug 28, 2018 Announcing the settlement on Tuesday, the Department of Justice (DoJ) said the bank had deliberately poached clients from other Swiss banks that were themselves facing criminal actions in the US. Sensing the 2009 prosecution of UBS as a “business opportunity”, Basel Cantonal Bank engaged outside professionals to help them onboard US clients and their undeclared…

Swiss cantons forced to fish for multinationals with non-tax lures

This content was published on Aug 28, 2018 Little has changed in the ranking of cantons by economic competitiveness since UBS conducted its last study in 2016. Zurich and Zug are still judged the best places for multinationals to set up shop while more rural cantons, such as Jura and Graubünden, bring up the rear. But a radical overhaul of Switzerland’s corporate tax…

Ex-Gunvor trader puts company under the spotlight

This content was published on Aug 28, 2018 A former employee of the Geneva-based commodities trader Gunvor has been handed an 18-month suspended sentence as part of a plea bargain.

COMCO declines to investigate watchmakers over cartel claims

This content was published on Aug 28, 2018 The Swiss Competition Commission (COMCO) has decided not to open a formal investigation into watchmakers over the supply of spare parts.

Government reinforces critical infrastructure against cyber attacks

This content was published on Aug 27, 2018 In the wake of several major cyber security attacks, the government released minimum standards to protect the country’s critical infrastructure.

‘Fake news’, therapy animals and binational heartbreak

This content was published on Aug 26, 2018 Here are some of the stories we'll be following the week of August 27.

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Archive – Banking & Fintech

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Ongoing roadblocks stifle growth of Swiss banks

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South Korean managers visit Crypto Valley

More

SkyWork lands its last ever plane in Bern Airport

More

Eye on the Multinationals: Your questions become our stories

More

US fines Basel Cantonal Bank for tax evasion role

More

Swiss cantons forced to fish for multinationals with non-tax lures

More

Ex-Gunvor trader puts company under the spotlight

More

COMCO declines to investigate watchmakers over cartel claims

More

Government reinforces critical infrastructure against cyber attacks

More

‘Fake news’, therapy animals and binational heartbreak

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Most Discussed