Archive – Banking & Fintech

European access concerns Swiss wealth managers

This content was published on Jan 14, 2016 Swiss private banks and wealth managers are worried about Switzerland’s ongoing issues with the European Union.

Counting the cost of ‘Frankenshock’

This content was published on Jan 14, 2016 The Swiss economy is counting the cost one year on from the SNB's abandonment of its CHF1.20 franc-euro exchange rate.

Climate change named top threat

This content was published on Jan 14, 2016 Failure to mitigate and adapt to climate change is the biggest risk facing the planet, according to the World Economic Forum’s (WEF) Global Risks Report 2016.

Davos closes doors on North Korea

This content was published on Jan 13, 2016 The World Economic Forum (WEF) has withdrawn an invitation for North Korea to send its first ever delegation to the annual meeting of world leaders in Davos.

Alstom cuts 1,300 jobs in Switzerland

This content was published on Jan 13, 2016 They are among 6,500 positions being slashed across Europe following Alstom’s sale of its power generation and grid businesses to GE in November of last year. Alstom states on its website that it “is now a global player fully focused on transport”. It currently employs 5,500 people in Switzerland. The positions being lost in Switzerland…

Swiss taxman says delay payments to beat negative interest rates

This content was published on Jan 12, 2016 Zug, the affluent canton outside Zurich, has announced it is ending discounts for early payment of tax bills. The reason? The longer it has cash on its books the more likely it will incur costs as a result of negative interest rates charged by Swiss banks. The canton calculates the move will save CHF2.5 million…

Swiss companies strive to remain competitive

This content was published on Jan 10, 2016 “You have to tip your hat to these companies – it’s commendable what they’ve done recently in order to remain competitive,” said Küng in an interview in the Sunday newspaper NZZ am Sonntag. A survey conducted by Switzerland Global Enterprise shows that companies have taken a range of actions in order to remain competitive, among…

Fribourg’s new innovation park

This content was published on Jan 10, 2016

Truffles from your own garden

This content was published on Jan 8, 2016

SNB reports CHF23 billion loss

This content was published on Jan 8, 2016 The SNB said in a statement on Friday that according to provisional calculations it would report a loss of CHF23 billion, most of which was due to foreign currency positions amounting to CHF20 billion. A total of CHF4 billion was lost on gold holdings. The Swiss franc surged last year after the SNB unexpectedly dropped…

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Archive – Banking & Fintech

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Archive – Banking & Fintech

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European access concerns Swiss wealth managers

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Counting the cost of ‘Frankenshock’

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Climate change named top threat

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Davos closes doors on North Korea

More

Alstom cuts 1,300 jobs in Switzerland

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Swiss taxman says delay payments to beat negative interest rates

More

Swiss companies strive to remain competitive

More

Fribourg’s new innovation park

More

Truffles from your own garden

More

SNB reports CHF23 billion loss

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