Archive – Banking & Fintech

The worldwide race to own fertile land

This content was published on Oct 14, 2016 “The grabbing of agricultural land is really a kind of neo-colonialism,” says Swiss entomologist and agriculturist Hans Rudolf HerrenExternal link, who has been awarded international prizes such as the World Food Prize for his work to stop famine in Africa. “Wealthy states are getting hold of more and more valuable land in the poor countries,…

Aeroflot plane evacuated due to fake bomb threat

This content was published on Oct 13, 2016 The plane that was headed to Moscow was prevented from taking off shortly before 13:00 due to the bomb threat and the 115 passengers on board were evacuated. The man who alerted the authorities is an Indian national and was taken for questioning by the police, where he admitted the threat was fake and meant…

Swiss Post to offer Sunday delivery through taxis

This content was published on Oct 13, 2016 The new delivery service, currently only available through certain retailers and in certain cities, is the continuation of a pilot project launched last year designed to test Sunday postal service. Swiss law does not allow the Post to deliver items on Sundays, so taxi companies will be used to make the deliveries. A Swiss Post…

Swiss have a nose for chocolate, says study

This content was published on Oct 13, 2016 The studyExternal link, which was published in Nature Scientific Reports on Tuesday, repeatedly exposed 50 students, half of whom were Swiss, to the odour of chocolate and asked them to comment on its intensity. The Swiss participants, especially those who were made conscious of their Swiss identity though a questionnaire, showed the greatest sensitivity to…

FINMA boss warns of rise in money laundering cases

This content was published on Oct 13, 2016 The Swiss financial system is susceptible to money laundering with the number of cases rising over the past five years.

Robots promise cure for Swiss manufacturing blues

This content was published on Oct 12, 2016 It is hoped that robots can stem creeping deindustrialisation. An automated future is already becoming a reality in Switzerland.

Bankers worry over Geneva’s status

This content was published on Oct 11, 2016 After six difficult months, Geneva officials are extremely concerned about the competitiveness of the local financial centre.

Singapore closes Falcon Private Bank for Malaysian fund link

This content was published on Oct 11, 2016 The Monetary Authority of Singapore (MAS) said in a statement on Tuesday that it had ordered Falcon Private BankExternal link’s Singapore branch to cease operating because of “a persistent and severe lack of understanding” of Singapore’s money-laundering controls. It also accused Falcon’s senior management in Switzerland and Singapore of “improper conduct”. In Zurich, the Financial…

Swiss Broadcasting Corp. head to retire by 2018

This content was published on Oct 9, 2016 The Swiss Broadcasting Corporation has confirmed that Roger de Weck is expected to leave his post as SBC director general within the next two years.

Swiss finance minister calls for reforms

This content was published on Oct 9, 2016 Swiss finance minister Ueli Maurer called for financial reforms to stimulate the world economy at the annual meeting of the IMF and World Bank.

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Archive – Banking & Fintech

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Archive – Banking & Fintech

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The worldwide race to own fertile land

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Aeroflot plane evacuated due to fake bomb threat

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Swiss Post to offer Sunday delivery through taxis

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Swiss have a nose for chocolate, says study

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FINMA boss warns of rise in money laundering cases

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Robots promise cure for Swiss manufacturing blues

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Bankers worry over Geneva’s status

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Singapore closes Falcon Private Bank for Malaysian fund link

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Swiss Broadcasting Corp. head to retire by 2018

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Swiss finance minister calls for reforms

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