Archive – Banking & Fintech

Swiss firms among multinationals reluctant to share customer data

This content was published on Jul 1, 2018 According to an analysis of 10,000 requests by paper SonntagsZeitung, only five of 59 multinationals contacted readily provided data they held on clients. The others refused, kept postponing, or let the 30-day deadline pass without reply, says the article published on Sunday. Among the Swiss firms in this category include Swiss International Airlines, as well…

Drone comes dangerously close to Turkey-bound jet

This content was published on Jun 30, 2018 According to the preliminary report published by the Swiss Transport Safety Investigation Board (STSB) on Wednesday, a Bombardier BD 700 business aircraft was en route on June 2 from Berne-Belp airport to the Turkish city of Antalya. Shortly after take-off, the pilots noticed that a drone was approaching their aircraft. The risky scenario occurred at…

Edmond de Rothschild Group plaque in Geneva

Rothschild branches settle dispute over family name

This content was published on Jun 29, 2018 The Swiss and French banks owned by two branches of the Rothschild dynasty of financiers have settled a years-long dispute.

Nestlé suffers palm oil setback but wins water battle

This content was published on Jun 28, 2018 The Swiss food giant can no longer claim to use certified sustainable palm oil but was allowed to continue extracting water from Southern California.

Cement firm Lafarge indicted over complicity in Syria crimes

This content was published on Jun 28, 2018 The cement giant LafargeHolcim on Thursday said its French predecessor company Lafarge SA has been put under formal investigation over activities in Syria.

Swiss banking sector continues to shrink but survivors profitable

This content was published on Jun 28, 2018 According to the annual “Banks in Switzerland” report released by the Swiss National Bank (SNB) on Thursday, only one foreign bank opened a Swiss branch last year. The number of people working for banks also declined. Staff numbers in Switzerland fell by 7.7% to 93,554 full-time equivalents (FTEs). Swiss bank employees abroad also declined: 13.4%…

Swiss public broadcaster to phase out 250 jobs

This content was published on Jun 28, 2018 The Swiss Broadcasting Corporation (SBC) has announced a series of belt-tightening measures, including the phasing-out of 250 full-time positions.

the UK s financial heart, the City of London in London

London fears it will be EU’s next capital markets target

This content was published on Jun 28, 2018 Bankers in London are concerned they may face a similar fate to Switzerland, which is in a diplomatic stand-off with the European Union.

A cover image for a Nouvo video about pop-ups in Switzerland.

Popping up like mushrooms

This content was published on Jun 27, 2018 Pop-up concepts are everywhere in Switzerland – but why are they so popular?

Swiss merchant navy finds itself in deep water

This content was published on Jun 26, 2018 Bern prosecutors have opened a criminal investigation into suspected irregularities surrounding the funding of Switzerland’s merchant navy.

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Archive – Banking & Fintech

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Archive – Banking & Fintech

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Swiss firms among multinationals reluctant to share customer data

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Drone comes dangerously close to Turkey-bound jet

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Rothschild branches settle dispute over family name

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Nestlé suffers palm oil setback but wins water battle

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Cement firm Lafarge indicted over complicity in Syria crimes

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Swiss banking sector continues to shrink but survivors profitable

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Swiss public broadcaster to phase out 250 jobs

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London fears it will be EU’s next capital markets target

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Popping up like mushrooms

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Swiss merchant navy finds itself in deep water

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