Archive – Banking & Fintech

Prosecutor to appeal whistleblower Elmer verdict

This content was published on Nov 25, 2016 The Swiss Federal Court may now look again into whether the former Julius Bär banker was guilty of more serious offences than those decided by a Zurich court in August. Elmer was sentenced to 14 months in jail, suspended for three years, after being found guilty of making threats to the bank and former colleagues.…

EY Switzerland becomes first advisory firm to accept Bitcoin

This content was published on Nov 25, 2016 “To our knowledge, we are the first professional services company in the world to offer this service,” an EY Switzerland spokesperson told swissinfo.ch. It is part of the company’s strategy to promote the developments of digital products based on smart contracts with an aim to lowering transaction costs through automatic processing. It is an initiative…

No end in sight for negative Swiss interest rates

This content was published on Nov 24, 2016 The Swiss National Bank (SNB) plans to keep interest rates in negative territory for the foreseeable future, SNB chairman Thomas Jordan says.

Swiss cabinet insists on gender quota for company boards

This content was published on Nov 23, 2016 The bill includes a minimum 30% quota for women on company boards and at least 20% for members of company managements. “The cabinet agreed that rules are necessary,” said Justice Minister Simonetta Sommaruga on Wednesday. However, the bill stops short of imposing sanctions for companies which fail to implement the quota within five years for…

India and Switzerland sign bank information sharing deal

This content was published on Nov 22, 2016 On Tuesday, India joined a list of select countriesExternal link with which Switzerland will commit to an annual exchange of all financial information automatically on a reciprocal basis for tax purposes. India has been lobbying hard to be a part of this initiative in a bid to prevent its citizens from stashing undeclared funds in…

‘Poorer’ Swiss still top wealth-per-capita ranking

This content was published on Nov 22, 2016 Switzerland continues to top the Credit Suisse global wealth list – their seventh annual reportExternal link – for wealth per adult, followed by Australia ($376,000), the United States ($345,000) and Norway ($312,000). Despite retaining first place, Switzerland actually experienced a drop in wealth per adult over the past year: down $27,000 to $562,000. There were…

Credit Suisse plots course for float of Switzerland unit

This content was published on Nov 21, 2016 Credit Suisse's new domestic bank is scheduled for stock market flotation by the end of next year.

Eighty Nestlé products to lose Swiss cross

This content was published on Nov 20, 2016 A new law that tightens up the use of the “Made in Switzerland” label is forcing Swiss foodmaker Nestlé to drop the Swiss cross from 80 products.

Breaking through ‘filter bubbles and echo chambers’

This content was published on Nov 18, 2016 Stefan Klauser is lead strategist for the Digital Society project at Zurich’s Federal Institute of Technology (ETH). In a discussion on digital media and democracy at the Global Forum, he said it’s no secret by now that “democracy is under attack” because “in times of digital media and in particular social media, there is a…

Technology enables practical democracy

This content was published on Nov 18, 2016 Panelist Pablo SotoExternal link, a councillor for citizen participation in the city of Madrid, said that technology was crucial to Spain’s 15M anti-austerity movement since it allowed for fast organization and mobilization. But it didn’t have to be fancy. Technology such as Facebook or even Google Docs allowed movement organizers to apply what Soto called…

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Archive – Banking & Fintech

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Archive – Banking & Fintech

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Prosecutor to appeal whistleblower Elmer verdict

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EY Switzerland becomes first advisory firm to accept Bitcoin

More

No end in sight for negative Swiss interest rates

More

Swiss cabinet insists on gender quota for company boards

More

India and Switzerland sign bank information sharing deal

More

‘Poorer’ Swiss still top wealth-per-capita ranking

More

Credit Suisse plots course for float of Switzerland unit

More

Eighty Nestlé products to lose Swiss cross

More

Breaking through ‘filter bubbles and echo chambers’

More

Technology enables practical democracy

Popular Stories

Most Discussed