Archive – Banking & Fintech

A reinvention that puts a premium on services

Mario Greco, Group Chief Executive Officer of Zurich Insurance Group

This content was published on Oct 2, 2017 After a challenging few years, Zurich Insurance is redefining its identity. Oliver Ralph and Ralph Atkins meet the new boss.

A stop sign on a gate in front of a building site

Critical Swiss-German rail route back to normal

This content was published on Oct 1, 2017 The Rheintal (Rhine Valley) rail section is a critical south-north route in Europe, used particularly by freight trains as well as commuters. Trains have been subject to delays of up to an hour and a halfExternal link between Basel and Karlsruhe as commuters have to endure slower replacement services. The route has been severely restricted…

Employees test the quality of Nescafe instant coffee at the Nestle production site in Orbe

Most cups of coffee contain a drop of Switzerland

This content was published on Oct 1, 2017 It's a little known fact - the Swiss export more coffee than chocolate and cheese.

A hand holds a paper receipt for bitcoins

Swiss regulator probes ICOs following fake coin scandal

This content was published on Sep 29, 2017 The Swiss Financial Market Supervisory Authority (Finma) issued guidanceExternal link on Friday after noting “a marked increase in initial coin offerings (ICOs)” in Switzerland. ICOs are a form of crowdfunding that allow blockchain start-ups to accumulate capital to develop their nascent technology. Switzerland, and in particular canton Zug, has become a global hotbed for ICO…

World Economic Forum (WEF) headquarters at Cologny near Geneva

WEF to expand Geneva HQ

This content was published on Sep 28, 2017 The World Economic Forum (WEF) is set to expand with the addition of 120 staff and a new wing to its Geneva headquarters.

Swiss bank data exchange deal stumbles in parliament

This content was published on Sep 27, 2017 Switzerland has already signed what is known as the Automatic Exchange of Information (AEOI) treaty that requires it to automatically exchange tax information with certain countries. This means that Swiss banks will pass the details of foreign clients to the Swiss tax office, which will then pass this data on to countries it has signed an…

Watch industry unperturbed by new ‘Swiss made’ regulations

This content was published on Sep 27, 2017 According to the Deloitte Swiss Watch Industry Study 2017External link, released on Wednesday, 44% of 60 watch executives surveyed consider the new “Swiss made” rules to be positive compared to 20% who believed they would have a negative effect. The new rules came into effect from January 2017 and raised the minimum Swiss share of…

UBS says not target of German tax evasion probe

This content was published on Sep 27, 2017 No documents were taken at UBS’s offices during the search, which was part of an investigation into suspected tax evasion by UBS clients. “The investigation of the German authorities is not related to a criminal or civil proceeding against UBS,” the bank said. According to the Wirtschaftswoche magazine, the search operations which involved around 130…

Swiss high-speed trains took a slow, steady debate

This content was published on Sep 27, 2017 Travelling at speeds of 200km/h (124mph), trains have now been traversing the longest tunnel in the world under the Alps for a year.

Nestlé bows to investor and sector pressures with strategic shift

This content was published on Sep 27, 2017 Nestlé has for the first time set a target for increasing profit margins, marking a significant shift from its traditional sales-focused model.

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Archive – Banking & Fintech

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Archive – Banking & Fintech

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A reinvention that puts a premium on services

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Critical Swiss-German rail route back to normal

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Most cups of coffee contain a drop of Switzerland

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Swiss regulator probes ICOs following fake coin scandal

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WEF to expand Geneva HQ

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Swiss bank data exchange deal stumbles in parliament

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Watch industry unperturbed by new ‘Swiss made’ regulations

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UBS says not target of German tax evasion probe

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Swiss high-speed trains took a slow, steady debate

More

Nestlé bows to investor and sector pressures with strategic shift

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