Archive – Banking & Fintech

Europe’s highest wind park

This content was published on Oct 24, 2016 Europe's highest wind park is being built on the Griespass in Canton Valais. From spring 2017, it will produce electricity for 2,800 households. More wind parks planned for Valais are being opposed by residents in built up areas. (SRF/swissinfo.ch)

Should rich shoppers pay more for the same product?

This content was published on Oct 23, 2016 You’re waiting in the supermarket queue to buy some olive oil, pasta and shampoo. So, coincidentally, is the person behind you. You’d expect the two baskets to cost the same, but don’t bet on it. In September, Migros, one of Switzerland’s largest retailers, launched a pilot project in three stores (Zurich, Aare and Geneva), according…

Immigration vote ‘threatens Swiss private banks’

This content was published on Oct 23, 2016 In an interview with the SonntagsZeitung, Mirabaud said that if no quick agreement could be reached with the European Union, private banks would be forced to reduce staff significantly and open branches in Europe. He said it was not a question of whether Swiss banks survived, “but whether they remain Swiss banks or have to…

An engineer’s devotion to healthy footware

This content was published on Oct 22, 2016

Geneva’s cross-town traffic woes

This content was published on Oct 18, 2016 Geneva continues to attract a constant flow of people to live and work. But most prefer to drive to the office.

Can a cross-border rail link end Geneva’s gridlock?

This content was published on Oct 18, 2016 Geneva’s roads are regularly snarled up in rush hour by hundreds of thousands of cars from neighbouring France and canton Vaud.

A bank defaulting in Switzerland – could it happen again?

This content was published on Oct 17, 2016

Could there be another bank run in Switzerland?

This content was published on Oct 17, 2016 The images went around the world: 25 years ago, customers of the Spar- und Leihkasse Thun were queuing up in an attempt to salvage their savings.

Savings loss, transport gain and a dose of care

This content was published on Oct 16, 2016 Here are some of the stories that will be featured on swissinfo.ch during the week of October 17, 2016.

Big fines for banks not effective, says FINMA head

This content was published on Oct 16, 2016 In an interview published in the Sunday papers Le Matin Dimanche and Sonntags Zeitung on Sunday, Branson acknowledged the inability of FINMA to impose big fines on errant banks. For example, Falcon Bank, that was found guilty of diverting $3.8 billion (CHF3.76 billion) to discredited Malaysian investment fund 1MDB, was only required to return the…

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