Archive – Banking & Fintech

Swiss consumed less chocolate in 2015

This content was published on Mar 1, 2016 Figures released by the Association of Swiss Chocolate Manufacturers on Tuesday reveal that domestic chocolate sales fell by 5.9% in 2015. The industry body blamed an unusually warm summer, a fall in foreign visitors and an increase in cross-border shopping for the decline in domestic demand. It also blamed the strong franc for an increase…

Tough times forecast for Swiss real estate market

This content was published on Mar 1, 2016 The booming housing market in Switzerland is expected to cool, driven by an immigration slowdown and unaffordable prices for younger buyers.

State-owned Chinese groups’ acquisitions in Europe raise concern

This content was published on Mar 1, 2016 China’s richest man says his country’s state-owned enterprises are short-termist and lack international management standards.

Swissmem sees digitalisation as industry saviour

This content was published on Feb 29, 2016 Is digitalisation the anti-strong franc magic bullet for both Swiss manufacturing exporters and their employees?

Swiss train pass data to be deleted

This content was published on Feb 29, 2016 The Federal Railways (SBB/CFF) announced on Monday that from the end of March it would stop collecting user data via its new electronic SwissPass card. The SwissPassExternal link is a red plastic card that carries a microchip containing various travel passes, such as a half-price subscription or a national pass, allowing the holder to travel on most…

Game over for food speculation initiative

This content was published on Feb 28, 2016 The initiative “No speculation on foodstuffs” proposed by the Young Socialists has been rejected by almost 60% of Swiss voters.

‘Road map’ agreed for Iranian Swiss relations

This content was published on Feb 28, 2016 During a two-day visit to Tehran by a high-ranking Swiss delegation, President and Economics Minister Johann Schneider-Ammann said both sides agreed a ‘road map’ for further talks on the ratification of a trade accord signed in 2005. Notably the banking sector as well as direct air links between Switzerland and Iran are to benefit from…

Quarter of Raiffeisen branches set to close

This content was published on Feb 26, 2016 This is because more and more customers are doing their banking online, the bank’s new CEO Patrik Gisel said in Zurich on Friday. No job losses were foreseen, a spokesman told the Swiss News Agency, adding that it would be small branches that would be closed and that mergers of local Raiffeisen banks was a…

Rich foreigners in Zug will not get easier residency access

This content was published on Feb 25, 2016 The government of the central Swiss canton wanted to make acquiring a Swiss “C” residence permit easier for wealthy expats from other countries. The German language exemption would have applied to foreigners with a taxable income of at least CHF1 million and CHF20 million in assets. It was targeted specifically at rich expats from outside…

Federal railways removes ad with swastika symbol

This content was published on Feb 24, 2016 “The poster with the swastika on a red background deeply hurt our customers’ feelings,” the railways said in a statement. The advertisement was made by a group against an initiative to expel foreigners who have committed crimes in Switzerland, up for a nationwide vote next Sunday. It shows the Swiss cross converted into a swastika…

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Archive – Banking & Fintech

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Archive – Banking & Fintech

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Swiss consumed less chocolate in 2015

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Tough times forecast for Swiss real estate market

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State-owned Chinese groups’ acquisitions in Europe raise concern

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Swissmem sees digitalisation as industry saviour

More

Swiss train pass data to be deleted

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Game over for food speculation initiative

More

‘Road map’ agreed for Iranian Swiss relations

More

Quarter of Raiffeisen branches set to close

More

Rich foreigners in Zug will not get easier residency access

More

Federal railways removes ad with swastika symbol

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