Archive – Banking & Fintech

Pharma helps Swiss exports grow while watches suffer

This content was published on Jul 21, 2016 Chemicals and pharmaceuticals saw record export numbers with a 15% increase as the total value of goods sent outside the country rose to CHF105.4 billion ($106.8 billion) between January and June. However, watch exports declined by 10.6% amid less demand from Hong Kong and Europe. Specifically, Swatch’s first-half profits had fallen to their lowest level…

The role of Swiss banks in the 1MDB scandal

This content was published on Jul 21, 2016 The enquiry estimates that some $4 billion (CHF4 billion) has been syphoned out of the Malaysian sovereign wealth fund into the pockets of corrupt officials. The suspects, which include Malaysian Prime Minister Najib Razak and other family members, are thought to have used the money to buy art works, property and even finance the movie…

Roche says UK faces losing lead in medical research after Brexit

This content was published on Jul 21, 2016 Roche, the Swiss pharmaceutical company, has warned that the UK risks losing its lead in medical research after leaving the EU.

UBS & Falcon banks censured in 1MDB probe

This content was published on Jul 21, 2016 The Swiss banks were among five financial institutions named in a joint statement by Singapore’s financial regulator, police force and state prosecutor on Thursday. The Lugano-based BSI bank had previously been shut down in both Switzerland and Singapore as a result of its 1MDB activities. The latest update from Singapore followed an announcement from the…

Sauber F1 team secures future with takeover

This content was published on Jul 20, 2016 Peter Sauber, 72, started his eponymous F1 team in 1993, having built racing cars under is own name since 1970. It has always been based in Hinwil, canton Zurich, where Sauber also built an innovative wind tunnel to test the aerodynamics of racing cars. In 2005 he sold the keys of his stable to BMW…

Work, life, death… and politics

This content was published on Jul 17, 2016 Here are the stories we’re following the week of July 18.

Serious crisis threatens Swiss watchmakers

This content was published on Jul 16, 2016 In an interview with swissinfo.ch, Pons said the situation for Swiss watches was more dire than industry leaders were willing to admit, particularly for watches at the lower end of the price range. “Brands like Swatch, Tissot and even Longines have come under great pressure from smart watch products, despite previous assurances that they had…

All Swiss bonds are now costing investors

This content was published on Jul 15, 2016 The current low interest rate era has already driven down the interest (or coupon) payments being offered by bond issuers. But the forces driving bonds into negative yields is somewhat counterintuitive – it is because demand for bonds is so strong that it outstrips supply. That means investors are willing to buy bonds at above…

Scientists offer solution to protect your emails

This content was published on Jul 15, 2016 The moment for Andy Yen came in 2013 when the story broke of the United States government’s massive surveillance of phone and internet communications, exposed by Edward Snowden. Yen, a particle physicist at CERN, got together with a few of his colleagues at the Geneva nuclear research centre and started brainstorming ways of making email…

‘Made in Germany’ eclipses Swissness for first time

This content was published on Jul 14, 2016 The “Swissness Worldwide 2016” survey found that Switzerland’s image of openness remains intact despite a 2014 vote to restrict foreign workers. The Swiss brand also stands for hard work and reliability. This is particularly appreciated in China, India, Russia and Brazil – countries that are home to 40% of the world’s population. As a result,…

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Archive – Banking & Fintech

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Archive – Banking & Fintech

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Pharma helps Swiss exports grow while watches suffer

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The role of Swiss banks in the 1MDB scandal

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Roche says UK faces losing lead in medical research after Brexit

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UBS & Falcon banks censured in 1MDB probe

More

Sauber F1 team secures future with takeover

More

Work, life, death… and politics

More

Serious crisis threatens Swiss watchmakers

More

All Swiss bonds are now costing investors

More

Scientists offer solution to protect your emails

More

‘Made in Germany’ eclipses Swissness for first time

Popular Stories

Most Discussed