Archive – Banking & Fintech

Credit Suisse bonuses rise as losses mount

This content was published on Mar 24, 2017 Switzerland’s second largest bank had to revise its earnings statement on Friday after settling a legal complaint from the National Credit Union Administration Board over the selling of mortgage-backed security loans in the United States. This resulted in an additional CHF272 million charge (after tax) for 2016. At the same time, the bank revealed it…

Fewer trucks cross the Alps

This content was published on Mar 24, 2017 The Alpine Initiative, which calls for alpine transport to shift from road to rail in order to protect Switzerland’s mountains, was approved by voters in 1994 but has yet to be implemented.

Footloose billionaires head to Switzerland

This content was published on Mar 23, 2017 High quality of life and low taxes continue to lure the richest people in the world to Swiss soil.

Vevey winemakers’ festival takes shape

This content was published on Mar 22, 2017 “The dream is slowly taking shape,” Francois Margot, president of the Vevey Brotherhood of Winemakers, told reporters in the western Swiss town, located near the Lavaux wine region. The organisers of the traditional winemakers’ festivalExternal link, which began in its current form in 1797, presented their plans for the 2019 edition, which include a 20,000-seat…

Digital future holds promises for train passengers

This content was published on Mar 22, 2017 The Swiss Federal Railways has presented its new business strategy, striving for more efficiency to cope with an increasing number of passengers.

Six things you should know about the watchmaking industry

This content was published on Mar 22, 2017 Why is Switzerland so dominant in this sector? How many Swiss watchmakers are there? Is Rolex the best known brand?

Laundered Russian money ‘went through Swiss banks’

This content was published on Mar 21, 2017 According to the Organized Crime and Corruption Reporting Project (OCCRP)External link, between January 2011 and October 2014 over CHF20.8 billion ($20.9 billion) was pumped out of Russia by suspected criminals in Russia via accounts in Latvia and Moldova at banks notorious for their exposure to money-laundering scams. The trail has led investigators to 732 banks…

Nestlé pledges to end illegal seafood in pet food

This content was published on Mar 17, 2017 A 12-month investigationExternal link by the environmental organisation Greenpeace’s Asia branch uncovered transshipping carried out by Thai fishing fleets operating overseas in the Saya de Malha Bank in the Indian Ocean. In Thailand, the illegal catch was used to make fish paste that was converted into pet food sold under the label of Nestlé brand…

Switzerland attempts a makeover to seduce young Indians

This content was published on Mar 16, 2017 Will Indian film star Ranveer Singh help Switzerland shed its image as a “beautiful but boring” destination and attract young Indian tourists?

The Swiss Post drone

This content was published on Mar 15, 2017

Archive – Banking & Fintech

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Archive – Banking & Fintech

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Credit Suisse bonuses rise as losses mount

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Fewer trucks cross the Alps

More

Footloose billionaires head to Switzerland

More

Vevey winemakers’ festival takes shape

More

Digital future holds promises for train passengers

More

Six things you should know about the watchmaking industry

More

Laundered Russian money ‘went through Swiss banks’

More

Nestlé pledges to end illegal seafood in pet food

More

Switzerland attempts a makeover to seduce young Indians

More

The Swiss Post drone

Popular Stories

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