Archive – Banking & Fintech

Who offers the best Heidi experience?

This content was published on May 19, 2016 The story received a new lease of life with a Heidi film in 2015, which lured a half a million viewers into Swiss cinemas and was sold to more than 50 countries around the world. Now the Heidi theme is being reworked again on a mountain in canton St Gallen. There are plans for a…

Swiss Airbnb rentals skyrocket

This content was published on May 17, 2016 While hotels, camping sites and bed and breakfast accommodations in Switzerland have recorded lower European visitors in recent years, mainly due to the strong Swiss franc, the apartment sharing start-up is reporting growing interest. Three years ago the hotel industry association Hotelleriesuisse considered Airbnb a niche sector, with 2,000 apartments and rooms for rental. The…

‘I don’t run [UBS wealth] for good media coverage’

This content was published on May 17, 2016 Mr Zeltner has more clients to occupy him than most. Some of the world’s richest heirs and entrepreneurs have entrusted him and his team with almost CHF1 trillion ($1 trillion) of their money. That buys a lot of face time. The 49-year-old has more than just his paymasters to satisfy. He has had the weight…

Switzerland drags feet over renewables

This content was published on May 17, 2016 Switzerland is ranked 25th out of 29 countries in a comparative European study by the Swiss Energy Foundation, published on Tuesday. Only Slovenia, Slovakia, Hungary and Latvia produce less wind and solar energy per inhabitant than Switzerland. Denmark (2,619 Kwh per inhabitant), Sweden (1,704 Kwh) and Germany (1,556 Kwh) topped the table. Switzerland’s poor ranking…

FIFA audit committee chair resigns in protest

This content was published on May 14, 2016 Italo-Swiss Scala made the announcement the day after the 66th FIFA congress in Mexico City, which brings together the world’s football federations. At the congress, new FIFA president Gianni Infantino adopted an amendment that would give FIFA’s governance the power to appoint or dismiss chairmen of the ethics and audit committees. With this decision, it…

‘No dirty money in Panama’, minister claims

This content was published on May 13, 2016 Panama has come under fire in recent weeks following leak of data from law firm Mossack Fonseca by the International Consortium of Investigative Journalists (ICIJ). The so-called Panama Papers scandal has shone light on the creation of secretive shell companies around the world. Speaking at the St Gallen Symposium on Friday, Eyda Varela de Chinchilla…

Regulators tipped off about bank years before fraud exposed

This content was published on May 12, 2016 The Financial Services Authority, as it was then known, and HM Revenue & Customs, the tax authority, told the informant at the London office of Lugano-based BSI that they would follow up on the 2008 warning, correspondence seen by the FT shows. But they took no public action over the financial secrecy services that the…

Swiss court digs in heels over red-soled Louboutins

This content was published on May 12, 2016 In a court ruling from April 27 published on Thursday, the St Gallen court said customers mainly consider the famous red lacquered sole as a “decorative element” and not a brand. In Switzerland, these soles belong to the public domain, the court ruled. It added that a previous court ruling had demonstrated that various shoe…

Swiss man sentenced over anti-HIV drugs scam

This content was published on May 10, 2016 According to an article External linkpublished in the Beobachter magazine on Tuesday, the fraud was discovered in 2009 when a patient in Germany reported that a box was incomplete. The manufacturer then investigated the issue, bringing the scam to light. Between 2007 and 2009, the Swiss man behind the operation used intermediaries in South Africa…

Mapping the Panama Papers middlemen

This content was published on May 10, 2016 We have mapped here all intermediaries worldwide linked to the Panama Papers. While the use of offshore entities is not in itself illegal, the revelations from the Panama Papers have already resulted in a raid by Swiss prosecutors on European football’s governing body UEFA and an official investigation by the authorities in Geneva. On Monday,…

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Archive – Banking & Fintech

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Archive – Banking & Fintech

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Who offers the best Heidi experience?

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Swiss Airbnb rentals skyrocket

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‘I don’t run [UBS wealth] for good media coverage’

More

Switzerland drags feet over renewables

More

FIFA audit committee chair resigns in protest

More

‘No dirty money in Panama’, minister claims

More

Regulators tipped off about bank years before fraud exposed

More

Swiss court digs in heels over red-soled Louboutins

More

Swiss man sentenced over anti-HIV drugs scam

More

Mapping the Panama Papers middlemen

Popular Stories

Most Discussed