Archive – Banking & Fintech

Can direct democracy help solve Geneva’s transport problems?

This content was published on Jun 3, 2016 For the fourth time in 30 years, Geneva citizens are being asked to go to the ballot box to decide if they need a new lake crossing. An initiative backed by right and centre-right parties, as well as the Touring Club of Switzerland (TCS) motoring association and local entrepreneurs, asks voters to support the principle…

Geneva citizens want lake crossing to ease congestion

This content was published on Jun 3, 2016 In Sunday’s cantonal vote, 63% of voters agreed to an initiative, which calls for the principle of a lake crossing – tunnel or bridge – being inscribed into the Geneva Constitution. This would complete a ring road around Geneva. The initiative was backed by right and centre-right parties, as well as the Touring Club of…

swissinfo.ch mandate extended

This content was published on Jun 3, 2016 In a statement, the cabinet said it would contribute nearly CHF20 million ($20.2 million) annually – or CHF1.6 million less than it does currently – to continue to co-finance swissinfo.ch, as well as tvsvizzera.it, TV5Monde and 3sat, which all provide news and information for international audiences. The Swiss Broadcasting Corporation (SBC), the parent company of…

Swiss merchant navy celebrates 75th anniversary

This content was published on Jun 3, 2016 As the Swiss commercial fleet celebrates three-quarters of a century, dark clouds gather on the horizon.

Swiss sea giants hatch in Vietnam

This content was published on Jun 3, 2016 Journalist Olivier Grivat and photographer Mike Gorsky visited the Vietnamese site Nha Thrang, where Swiss ships are built.

Private bankers demand tax breaks on criminal fines

This content was published on Jun 2, 2016 The reason? Swiss banks should not be responsible for upholding the laws of foreign countries. Starting with a $780 million fine for UBS in 2009, the United States alone has hit more than 80 Swiss banks with penalties totalling well over $5 billion. More financial sanctions are expected, not just from the US but from…

Opinion

The false promise of negative interest rates

This content was published on Jun 1, 2016 It’s a good question, one that recalls a passage in Keynes’s General Theory in which he notes that if the government can’t think of anything more sensible to do to cure unemployment (say, building houses), burying bottles filled with bank notes and digging them up again would be better than nothing. He probably would have…

Transport minister gets emotional at Gotthard opening

This content was published on Jun 1, 2016

Suicide highlights Swiss executive stress

This content was published on Jun 1, 2016 Zurich Insurance has announced that Martin Senn, its former chief executive, has taken his own life, six months after he quit the Swiss insurer under a cloud. His death came three years after Pierre Wauthier, then Zurich’s finance director, also took his own life. Other high profile suicides include Carsten Schloter, chief executive of telecoms…

Food delivery on two wheels

This content was published on May 31, 2016

Archive – Banking & Fintech

Popular Stories

Most Discussed