Archive – Banking & Fintech

Big Brother on the trains

Police video surveillance at the Swiss Federal Railways

This content was published on Oct 3, 2015 At present, the federal railways transport police video surveillance team has access to around 1,600 surveillance cameras in railway stations and approximately 12,000 on regional trains. Investment in those video surveillance systems is set to continue. The federal railways recognises the importance of CCTV cameras in fighting and preventing crime and has for the current year…

First Swiss criminal complaint filed against Volkswagen

This content was published on Oct 1, 2015 The owner of a Volkwagen diesel car has filed a criminal complaint in Geneva against the German car group and individuals for fraud and damage to the environment. This is the first private complaint in Switzerland over the rigging of test emissions.

Shareholders: executive pay reform too limited

This content was published on Oct 1, 2015 Minder initiative corporate reforms do not go far enough for small shareholders, says pension reform advisor Ethos Foundation.

Indian versions of Viagra flood Swiss market

This content was published on Sep 30, 2015 “Thank you for contacting us. An operator will be with you shortly,” says the live chat window of a website selling generic Indian medicines. Almost immediately an operator going by the name of Paul joins swissinfo.ch in a live chat. “Our main office is located in London and all the medications are shipped from India,”…

Switzerland named world’s most competitive economy

This content was published on Sep 30, 2015 Switzerland held on to top spot in the WEF Global Competitiveness Report thanks to top marks in innovation, business sophistication and labour market efficiency. It took top marks in each of these categories out of 140 countries surveyed. The WEF study is seen as a benchmark of a country’s economic well-being during a highly volatile…

Swiss are world’s wealthiest – and most indebted

This content was published on Sep 29, 2015 Swiss residents are still the wealthiest people in the world on a per capita basis, according to a report by insurer Allianz. But the they also have the highest per capita debt in the world.

Over 128,000 Swiss cars affected by fraudulent emissions

This content was published on Sep 29, 2015 On Monday evening, Switzerland’s federal roads office External link announced that approximately 130,000 diesel engine cars produced by the German automobile giant between 2009 and 2014 “could be concerned” in the country. These include cars in the Euro5 emissions category, produced by Audi, Seat, Skoda and Volkswagen. A statementExternal link issued by the federal office said…

German state targets more Swiss banks

This content was published on Sep 28, 2015 Germany uses stolen data to target more Swiss banks for possible prosecution.

Banks being investigated for suspicious metals trading

This content was published on Sep 28, 2015 The other banks being investigated are Deutsche Bank, HSBC, Barclays, Morgan Stanley and Mitsui, according to a release from COMCO on Monday. The competition commission stated it has reason to believe that the banks may have concluded illegal agreements in the trade of metals such as gold, silver, platinum and palladium. Specifically, COMCO suspects price-fixing…

Netherlands request UBS account data

This content was published on Sep 27, 2015 The Swiss Federal Tax Administration (FTA) has received a request from Dutch authorities for information on a large number of UBS account holders living in the Netherlands as part of a tax investigation.

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Archive – Banking & Fintech

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Archive – Banking & Fintech

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Big Brother on the trains

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First Swiss criminal complaint filed against Volkswagen

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Shareholders: executive pay reform too limited

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Indian versions of Viagra flood Swiss market

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Switzerland named world’s most competitive economy

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Swiss are world’s wealthiest – and most indebted

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Over 128,000 Swiss cars affected by fraudulent emissions

More

German state targets more Swiss banks

More

Banks being investigated for suspicious metals trading

More

Netherlands request UBS account data

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