Archive – Banking & Fintech

Swiss predict budget surplus thanks to negative interest rates

This content was published on Oct 27, 2016 Negative interest rates across Europe have created an embarrassment of riches for the Swiss federal government.

Watchdog says Swatch must stick to movements deal

This content was published on Oct 27, 2016 Switzerland’s largest watch maker, Swatch, must abide by a 2013 deal to slowly phase out the delivery of mechanical watch movements to rivals.

How to operate a nuclear reactor

This content was published on Oct 27, 2016 What is the point of training people how to operate a nuclear reactor in a power plant that is about to close down? Swiss Public Television goes to Mühleberg to find out. (SRF/swissinfo.ch)

UBS can challenge client data handover to France

This content was published on Oct 26, 2016 The Federal Administrative Court on Wednesday granted UBS “party status” to the proposed data transfer after Switzerland green lighted a French request for administrative assistance issued in May. France has demanded a “five-digit” amount of client numbers from UBS, which it had received from the German authorities. The court statement did not say whether the…

Bill to fight gender wage discrimination

This content was published on Oct 26, 2016 The news comes a day after the World Economic Forum dropped Switzerland down two places in its annual Gender Gap Report. Switzerland ranked 43rd out of 144 countries in the category “wage equality for similar work”. Wage equality between men and women has not been reached 35 years after the government set up the Federal…

Mid-sized firms close executive pay gap on giants

This content was published on Oct 26, 2016 Executive at flagship SMI listed companies earned 2.7 times more than those at mid-cap SMIM index firms in 2007. By 2015, the pay gap had narrowed to a factor of 1.9, according to a PricewaterhouseCoopers (PwC) study released on Wednesday. In that period, the average pay of SMI chief executives declined 10.3% to CHF6.9 million…

Traditional post offices to give way

This content was published on Oct 26, 2016 However, the state-owned Swiss Post said it aims to increase its network of retail “access points” over the next four years to 4,000, up from the current 3,700. “Our customers are more mobile and flexible, and increasingly take care of their postal transactions wherever and whenever it suits them,” said Susanne Ruoff, CEO of Swiss…

Swiss hope expats and Chinese will hit slopes

This content was published on Oct 25, 2016 These are difficult times for the tourism business in the small alpine nation. The number of overnight stays by Chinese tourists fell by 19.7% in summer, Switzerland Tourism External linkreported on Tuesday. This is a worrying trend for tourism officials, as Chinese visitors were leading recent growth in Switzerland up until recently. The lower numbers…

Romanian tech firm chooses Switzerland despite high costs

This content was published on Oct 24, 2016 What's a Romanian tech company doing muscling in on Switzerland's watchmaking turf?

‘Despite the franc, Switzerland is doing well’

This content was published on Oct 24, 2016 There are advantages to producing locally instead of outsourcing, even in an expensive country like Switzerland.

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Archive – Banking & Fintech

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Archive – Banking & Fintech

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Swiss predict budget surplus thanks to negative interest rates

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Watchdog says Swatch must stick to movements deal

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How to operate a nuclear reactor

More

UBS can challenge client data handover to France

More

Bill to fight gender wage discrimination

More

Mid-sized firms close executive pay gap on giants

More

Traditional post offices to give way

More

Swiss hope expats and Chinese will hit slopes

More

Romanian tech firm chooses Switzerland despite high costs

More

‘Despite the franc, Switzerland is doing well’

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