Archive – Banking & Fintech

Over 500 proceedings against Uber drivers

This content was published on Dec 9, 2016 There were 559 criminal procedures against the ride sharing service Uber in 2015 and 2016 in Zurich and Lausanne, the police have said.

Parliament stubs out tobacco advertising restrictions

This content was published on Dec 8, 2016 The House of Representatives on Thursday joined the Senate in refusing to pass a law on tobacco advertising on the grounds it went too far and was unlikely to be effective. The law was intended to prevent young people from smoking at an early age. Health Minister Alain Berset, who was in favour of the…

Restructuring to cost Swiss private bank 450 jobs

This content was published on Dec 8, 2016 The jobs will be shed at a rate of 100-150 per year between 2017 and 2019. BSI lost its license to operate independently in both Switzerland and Singapore after it became embroiled in the Malaysian 1MDB wealth fund scandal. It was also heavily fined by the United States in the Swiss banking tax evasion spat.…

What happens when shoppers go elsewhere?

This content was published on Dec 8, 2016

Light aircraft crashes at Basel-Mulhouse Airport

This content was published on Dec 8, 2016 Police have closed Basel-Mulhouse Airport after a small plane crashed on the runway while it was trying to land in thick fog.

Stratospheric plane unveiled in Switzerland

This content was published on Dec 7, 2016 Swiss adventurer Raphaël Domjan has unveiled a two-seater solar aircraft with which he hopes to become the first pilot to fly in the stratosophere.

Credit Suisse to make further CHF1bn cost savings

This content was published on Dec 7, 2016 Volatile market conditions have forced Credit Suisse to announce a further CHF1 billion in cost cuts in the next two years.

Solid marks for anti-money laundering efforts

This content was published on Dec 7, 2016 Switzerland’s anti-money laundering and counter-terrorist financing regime is overall technically robust and has achieved good results, says the Financial Action Task Force (FATF).

Switzerland knocked off asset management podium

This content was published on Dec 6, 2016 The United States, on the other hand, has constantly strengthened its position and now manages 52.5% of total global assets, revealed research by Pensions & Investments/Willis Towers WatsonExternal link published on Tuesday. This is up 10.6 percentage points since 2005. Within a decade, growth in the US at Switzerland’s expense has knocked the Alpine country…

When cocoa farmers meet chocolate makers

This content was published on Dec 6, 2016 What happens when a group of cocoa farmers from Peru launch a chocolate label but have never made chocolate before? They fly to Switzerland.

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Archive – Banking & Fintech

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Over 500 proceedings against Uber drivers

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Parliament stubs out tobacco advertising restrictions

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Restructuring to cost Swiss private bank 450 jobs

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What happens when shoppers go elsewhere?

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Light aircraft crashes at Basel-Mulhouse Airport

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Stratospheric plane unveiled in Switzerland

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Credit Suisse to make further CHF1bn cost savings

More

Solid marks for anti-money laundering efforts

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Switzerland knocked off asset management podium

More

When cocoa farmers meet chocolate makers

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