Archive – Banking & Fintech

Ammann addresses old obstacles during India visit

This content was published on May 17, 2015 This was the first visit by a Swiss cabinet minister to India since the current government led by prime minister Narendra Modi came to power in 2014. The main purpose of the economy minister’s India trip from May15-17 was to promote Swiss innovation. As part of the Swiss embassy’s “Year of Swiss Innovation in India”…

National railways cite refinery closure losses

This content was published on May 15, 2015 The closure of one of Switzerland’s last two oil refineries has put a major dent in the financial health of the national railway company’s cargo division.

Cabinet plans to clarify stolen data question

This content was published on May 13, 2015 In its meeting on Wednesday, the cabinet discussed the thorny issue of stolen data. Switzerland currently does not entertain requests for banking information based on stolen data, like the HSBC list obtained from former HSBC Geneva bank employee, Hervé Falciani. “The treatment of requests based on stolen data is particularly challenging for Switzerland,” said a…

‘Pigeon’s blood’ ruby smashes world record

This content was published on May 13, 2015 A rare 25.59-carat Burmese ruby sold for a world record CHF28.25 million ($30.42 million) at an auction in Geneva on Tuesday. There was strong demand for coloured stones and exceptional natural pearls, Sotheby's said.

OECD insists tax playing field will be level

This content was published on May 12, 2015 Countries will be closely monitored to ensure no automatic tax information exchange foul play, insists OECD's Perez-Navarro.

Taking early retirement – but at what cost?

This content was published on May 11, 2015 Early retirement has a knock-on effect on the pension system and is a major cause of concern for the over-50s.

Liquid gold is poured to form gold dore bars

Counting gold in Switzerland

This content was published on May 8, 2015 Switzerland conjures up images of watches, chocolate or banks, but not usually of gold. Yet it is the biggest gold trader in the world.

Strong franc hits Swiss tourism hard in March

This content was published on May 7, 2015 According to the Federal Statistical Office, the decrease in overnight stays by European tourists was almost twice the average decline, at an alarming 14.5%. Germans were responsible for the biggest chunk of no shows in terms of volume, with 78,000 fewer overnight stays. This is the second month of tourism statistics since the Swiss National…

Shareholders to deliver Holcim-Lafarge merger verdict

This content was published on May 7, 2015 Holcim shareholders are expected to approve a merger deal with Lafarge at the firm's EGM.

Swiss firms underestimate cybercrime

This content was published on May 6, 2015 As life continues to be increasingly digitalised, the issue of cybercrime is also gaining significance, KPMG said on Wednesday. It noted that last year in Switzerland cybercrime caused economic damage worth CHF200 million ($215 million). Although two-thirds of the 64 companies interviewed said they were aware that they were an attractive target for cyberattacks –…

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Archive – Banking & Fintech

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Archive – Banking & Fintech

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Ammann addresses old obstacles during India visit

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National railways cite refinery closure losses

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Cabinet plans to clarify stolen data question

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‘Pigeon’s blood’ ruby smashes world record

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OECD insists tax playing field will be level

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Taking early retirement – but at what cost?

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Counting gold in Switzerland

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Strong franc hits Swiss tourism hard in March

More

Shareholders to deliver Holcim-Lafarge merger verdict

More

Swiss firms underestimate cybercrime

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