Archive – Banking & Fintech

Legal complaint filed over PostBus scandal

This content was published on Feb 14, 2018 The Federal Office of Transport has filed a legal complaint in connection with the scandal hitting the Swiss PostBus company.

Swiss public accounts better than expected in 2017

This content was published on Feb 14, 2018 Swiss government accounts closed with a surplus of CHF2.8 billion ($3 billion) for 2017, compared with a forecast deficit of CHF250 million.

Swiss supermarkets, not florists, supply ethical roses this Valentine’s

This content was published on Feb 14, 2018 More than 100 million red roses are expected to be sold on the day of love. But many private flower sellers are still slow to embrace fair trade petals.

European banks break ranks over cryptocurrencies

This content was published on Feb 14, 2018 A handful of smaller European banks are providing investors access to cryptocurrencies and advising on initial coin offerings, despite the risks.

Children in Tanzania pose for a photo after a football game in Arusha, eastern Tanzania.

Switzerland to increase aid partnerships with private sector

This content was published on Feb 13, 2018 The Swiss Agency for Development and Cooperation (SDC) plans to double the number of partnerships with the private sector in the next two years.

Swiss businesses in China upbeat after record export year

This content was published on Feb 13, 2018 Just 5% of business leaders anticipated lower export figures this year, according to the preliminary results of the 2018 Swiss Business in China Survey, which were released Tuesday by Swiss Centers ChinaExternal link. Full results from the survey of 108 Swiss and 440 Chinese business respondents will be published in March. + China tops export destination…

Swiss small-business owners debate media fee

This content was published on Feb 13, 2018 A leading Swiss business organisation supports doing away with licence fees for public service broadcasters. Two of its members discuss the issue.

Worker in a Swiss vineyard picking grapes

Frost and heat reduce Swiss wine harvest

This content was published on Feb 12, 2018 The 79 million litres of red and white wine of the 2017 vintage – a decrease of 27% compared with 2016 – is the result of cold nights last April and of hot and dry days in August, according to the Federal Agriculture OfficeExternal link. The worst affected wine-growing region was the French-speaking part of…

A PostBus climbs the Altdorf-Isenthal road in canton Uri

Swiss Post CEO rejects blame for PostBus subsidies scandal

This content was published on Feb 11, 2018 The head of Swiss Post, Susanne Ruoff, has refused to step down for errors she admits were made at the PostBus subsidiary company.

A woman enters Novartis Greek offices in Athens, on Tuesday, Feb. 6, 2018.

Justice ministry confirms legal aid requests in Greece-Novartis scandal

This content was published on Feb 10, 2018 The Federal Office of Justice has received two requests for legal assistance from Greece and the United States linked to probes into Novartis.

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