Archive – Banking & Fintech

Bump in average salary for leading company bosses

This content was published on Apr 5, 2016 Despite building pressure in Europe against ‘rip-off’ salaries, a study has found that in 2015, the average salary of the bosses of the 30 businesses listed on the Swiss Leader Index was CHF 5.83 million ($6.1 million), compared to CHF 5.75 million in 2014.

Investors must beware Frankenshock 2.0

This content was published on Apr 5, 2016 Little more than a year ago, while European Central Bank president Mario Draghi was busy fulfilling his promise to do “whatever it takes” to revitalise the eurozone economy, the Swiss National Bank was doing whatever it could to protect its own.

Five things a whistleblower has to say about tax havens

This content was published on Apr 5, 2016 The Panama Papers scandal will not stop tax havens Eleven million documents revealing the offshore banking practices of Mossak Fonseca show that Swiss banks (Credit Suisse Channel Islands Ltd., HSBC Private Bank Suisse, UBS AG) and Swiss lawyers are major players in offshore banking.Elmer: “The tax havens are certainly not dying out. The practices will…

Swiss banks deny involvement in offshore malpractices

This content was published on Apr 5, 2016 Tidjane Thiam, CEO of Credit Suisse denied any links to illegal assets. Credit Suisse Channel Islands Limited was listed as the third largest facilitator of offshore companies in the Panama Papers. “We as a company, as a bank only encourage the use of structures when there is a legitimate economic purpose,” he said on Tuesday.…

A surge in gun permits

This content was published on Apr 1, 2016 A survey by swissinfo.ch shows gun permit applications were up almost everywhere in 2015.

Rebuilding the brand

This content was published on Mar 31, 2016 After the unravelling of its banking secrecy laws, scandal at FIFA and economic pressures dealt a further blow to the Swiss reputation for stability.

Novartis faces Turkey bribe allegations

This content was published on Mar 30, 2016 Novartis whistleblower allegations of a $85 million Turkish kickback scheme have found their way to the media.

Where is Swiss chocolate most popular?

This content was published on Mar 29, 2016 Switzerland has a longstanding reputation for making exquisite chocolate, but which countries buy the most from the Swiss?

The gnomes of Zurich are silent no longer

This content was published on Mar 29, 2016 What connects the Petrobras case in Brazil, the 1MDB affair in Malaysia, FIFA, and a party funding row in Spain? Swiss bank accounts.

Jet fuel dumped high in Swiss and Italian airspace

This content was published on Mar 28, 2016 Pilots with Corsair International Airlines reportedly learned of the unspecified difficulties while the Boeing 747-400 was above Italy’s Gulf of Genoa, and then decided to turn around. To lighten the weight of the plane so that it could land properly, the pilots dropped some 70 tonnes of kerosene jet fuel around midnight at elevations sometimes…

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Archive – Banking & Fintech

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Archive – Banking & Fintech

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Bump in average salary for leading company bosses

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Investors must beware Frankenshock 2.0

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Five things a whistleblower has to say about tax havens

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Swiss banks deny involvement in offshore malpractices

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A surge in gun permits

More

Rebuilding the brand

More

Novartis faces Turkey bribe allegations

More

Where is Swiss chocolate most popular?

More

The gnomes of Zurich are silent no longer

More

Jet fuel dumped high in Swiss and Italian airspace

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