Archive – Banking & Fintech

Executive pay comes into line as laws kick in

This content was published on Sep 29, 2016 The average compensation for chief executives at the biggest 20 Swiss companies last year was CHF7.2 million ($7.4 million), down from CHF8.2 million in 2014. For chairmen it was CHF2.4 million (CHF2.5 million in 2014). Bonuses for executives in large firms fell as the size of their base salary increased. Furthermore, most companies are sticking…

Amazing accuracy, stunning images

This content was published on Sep 29, 2016

Lights go out on 250 jobs at Meyer Burger

This content was published on Sep 29, 2016 The maker of production equipment for solar cells has already executed numerous measures over the past five years: reducing its operating expenses, simplifying its corporate structure and re-adjusting capacities due to what it described as the “extremely challenging situation in the solar industry”. In a statement on Thursday, Meyer Burger, based in Thun in canton…

Alpine ‘midhusband’ keeps watch until cows go home

This content was published on Sep 28, 2016 If your job description is alpine ‘midhusband’ to dozens of pregnant and nursing cows, what exactly does that entail?

Switzerland is the world’s most competitive economy

This content was published on Sep 28, 2016 Switzerland achieved its highest score of 5.8 out of 7 in the WEF Global CompetitivenessExternal link Report 2016/2017. It achieved top marks in four of the 11 criteria: labour market efficiency, business sophistication, innovation and technological readiness. Its weaknesses are perceived to be deepening deflation, low levels of women participating in the workforce and the amount…

Senate supports public service media

This content was published on Sep 27, 2016 On Monday the Senate rejected calls from the House for an additional report into the role and offer of the Swiss Broadcasting Corporation (SBC), swissinfo.ch’s parent company. The various branches of the SBC are under pressure. Media companies and above all the People’s Party constantly criticise the organisation’s monopoly status. In June, the government published…

Swiss financial centres slip in global ranking

This content was published on Sep 27, 2016 London, New York, Hong Kong, Singapore and Tokyo remain the five leading global financial centres, according to the Global Financial Services Index (GFCIExternal link), published on Monday by the Z/Yen Group in London and the China Development Institute in Shenzhen. Geneva, however, fell eight places to 23rd in the survey, which is completed by financial…

UBS woos clients with Churchill-era war games

This content was published on Sep 27, 2016 Swiss bank UBS has invited some of its wealthiest clients to London to fight war games in Winston Churchill’s underground bunker.

Julius Baer wins Singapore share accumulator dispute

This content was published on Sep 27, 2016 Julius Baer said in a statement on Tuesday that the High Court of Singapore had dismissed the case by consent. Two former clients of the Zurich private bank’s Singapore branch filed the writ of summons with the court in 2013. The plaintiffs claimed they suffered damages and losses allegedly incurred from share accumulator transactions in…

Automatic exchange of information deal finalised

This content was published on Sep 26, 2016 The ‘Multilateral Convention on Mutual Administrative Assistance in Tax Matters’ means that Switzerland is coming into line with international standards on taxation. Over a hundred other states have already signed-up to the agreement. The State Secretariat for International Financial Matters said today the ratification was “yet another step” for Switzerland in working together with other…

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Archive – Banking & Fintech

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Archive – Banking & Fintech

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Executive pay comes into line as laws kick in

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Amazing accuracy, stunning images

More

Lights go out on 250 jobs at Meyer Burger

More

Alpine ‘midhusband’ keeps watch until cows go home

More

Switzerland is the world’s most competitive economy

More

Senate supports public service media

More

Swiss financial centres slip in global ranking

More

UBS woos clients with Churchill-era war games

More

Julius Baer wins Singapore share accumulator dispute

More

Automatic exchange of information deal finalised

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