Archive – Banking & Fintech

Drab summer, hot jazz, weak franc

This content was published on Apr 21, 2018 Almost every article published by swissinfo.ch contains a percentage, an age, an amount of money or some other figure.

G20 finance ministers and central bank governors

Swiss finance minister sees ‘clearly improved’ ties with US

This content was published on Apr 21, 2018 Relations between Switzerland and the United States have improved under Donald Trump, says Swiss Finance Minister Ueli Maurer.

Intercity passenger train by the Swiss Federal Railways en route between Goldau and Bellinzona

Swiss remain rail champions of Europe

This content was published on Apr 20, 2018 Switzerland’s rail system remains the best in Europe, according to the 2017 European Railway Performance Index.

Scales with euros at one end and francs at the other

Weakening franc breaks symbolic mark

This content was published on Apr 19, 2018 On Thursday morning the euro temporarily cost CHF1.20025 before slipping back to CHF1.99. Earlier this year, the euro was trading at well under CHF1.150. The greater the number of francs needed to buy another currency signals a weaker franc, and vice versa if the exchange rate declines. But central bank chairman Thomas Jordan told Bloomberg on…

Night time scene of urban tower blocks lit up.

Swiss tower blocks are on the rise

This content was published on Apr 18, 2018 The stigma attached to living in a high-rise is being shrugged off and high-end apartment blocks are increasingly appearing across Switzerland.

Paul Hälg, Chairman of the Board of Directors, speaks during

Sika saga shows instability need not be a hindrance

This content was published on Apr 18, 2018 Switzerland’s longest-running corporate takeover battle is turning on its head the idea that companies need ownership stability to prosper.

A cover image for a Nouvo video about people reading more regional newspapers on paper rather than online.

Paper or online: where do you read the news?

This content was published on Apr 18, 2018 More people than you might think are picking up an actual paper newspaper to get their daily news fix. Are you one of them?

Urs Burkard appears on a screen at the Sika AGM

Sika stand-off with family heirs continues unabated

This content was published on Apr 17, 2018 At Tuesday’s AGM, the family heirs of Sika’s founder faced a familiar pattern of having their votes restricted when it came to electing board members. As a result, chairman Paul Hälg was re-elected along with other board members hostile to the proposed Saint-Gobain takeover. The four-year battle between the Burkard family, who control the majority…

Geneva hotels are the most expensive in Europe

This content was published on Apr 16, 2018 The Hotel President Wilson in Geneva reportedly boasts the most expensive overnight tariff in the world, charging around CHF80,000 ($83,300) to stay in its royal penthouse suite. However, such prices have not put well-heeled visitors off visiting Swiss luxury hotels. Switzerland’s 42 grandest hotels – not just in Geneva and Zurich – enjoyed a 9.75%…

The first trip down LSD lane

This content was published on Apr 16, 2018 On April 16, 1943, Albert Hofmann saw a ‘stream of fantastic pictures, extraordinary shapes with intense, kaleidoscopic play of colours’.

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