Archive – Banking & Fintech

Strike suspended by Tamedia staff

This content was published on Jul 5, 2018 A strike by workers from media company Tamedia was suspended on Thursday following a successful offer of mediation by canton Vaud authorities.

‘Hidden’ transport costs on the rise

This content was published on Jul 5, 2018 The so-called ‘external costs’ of various modes of transport collectively increased by almost CHF1 billion during the period 2010-2015.

Row of yellow Swiss Post buses at a terminal

Swiss Post admits to illicit funding for PostBus company abroad

This content was published on Jul 4, 2018 Swiss Post, the parent company of PostBus, said an investigation confirmed that the financial situation of PostBus subsidiaries abroad had not been “presented in full”, according to a statement published on Tuesday. The report also showed that CarPostal France and PostBus Liechtenstein were “not charged for all services”. This resulted in around CHF67 million ($67…

Man in suit and tie walks beside Raiffeisen sign

Raiffeisen report raises questions for Europe’s co-operatives

This content was published on Jul 4, 2018 Will there be repercussions across Europe for co-operative banks following the Raiffeisen scandal in Switzerland?

“Bitcoin needs real life applications”: cryptography pioneer Zimmermann

This content was published on Jul 4, 2018 With a CV that includes creating the Pretty Good Privacy email encryption platform in 1991 and co-founding of the Silent Circle firm that produces encrypted software for mobile devices, it might have been natural to assume that he would have dived into bitcoin at an early stage. But not so. Zimmermann owns a grand total…

head and shoulders young woman painting a window frame

Painting and decorating: not just a man’s job

This content was published on Jul 3, 2018 In some parts of Switzerland, there are now more women finishing apprenticeships in painting and decorating than men.

Nike aced as Federer dons new wardrobe from Uniqlo

This content was published on Jul 3, 2018 Nike was among the biggest decliners in the Dow Jones Industrial Average on Monday as it surrendered some of last week’s strong share price gains and as investors digested news that Swiss tennis superstar Roger Federer has ended his longstanding relationship with it in favour of an apparel deal with Uniqlo reportedly worth more than…

Mining giant Glencore faces US corruption probe

This content was published on Jul 3, 2018 A statementExternal link from the Baar-based company said the DoJ has demanded “documents and other records with respect to compliance with the Foreign Corrupt Practices Act and United States money laundering statutes.” The period covered by the subpoena is 2007 to the present time. Last month, Glencore announced it was settling a legal dispute in…

A sticker accepts bitcoin at the door of the Zug municipal offices

Pressure builds on banks to offer Swiss crypto start-ups accounts

This content was published on Jul 3, 2018 Politicians are leaning on Swiss banks to offer blockchain start-ups basic banking services.

An intercity double-decker train of the Swiss Federal Railways

Swiss intercity trains in for a makeover

This content was published on Jul 2, 2018 The Swiss Federal Railways is revamping its intercity IC2000 fleet at a cost of approximately CHF300 million ($302 million).

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Archive – Banking & Fintech

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Archive – Banking & Fintech

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Strike suspended by Tamedia staff

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‘Hidden’ transport costs on the rise

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Swiss Post admits to illicit funding for PostBus company abroad

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Raiffeisen report raises questions for Europe’s co-operatives

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“Bitcoin needs real life applications”: cryptography pioneer Zimmermann

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Painting and decorating: not just a man’s job

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Nike aced as Federer dons new wardrobe from Uniqlo

More

Mining giant Glencore faces US corruption probe

More

Pressure builds on banks to offer Swiss crypto start-ups accounts

More

Swiss intercity trains in for a makeover

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