Archive – Banking & Fintech

Switzerland’s Silk Road is a slow one

This content was published on May 5, 2015 As the silkworms eagerly munch on their mulberry leaves, silk producers strive to keep their tiny sector alive.

Alarm raised over imported diet pills

This content was published on May 5, 2015 The vast majority of diet pills imported illegally into Switzerland from the Far East contain uncontrolled active ingredients that may represent a health risk, according to a study by Swissmedic, the Swiss agency for Therapeutic products.

Gates Foundation loses appeal in Sika takeover saga

This content was published on May 4, 2015 The Gates Foundation, which is a Sika shareholder, was dealt the blow by the Swiss Financial Market Supervisory Authority (FINMA) on Monday. Along with their investment advisor Cascade Investments, the Foundation had appealed against a ruling by the Swiss Takeover Board on April 1 in favour of the Sika family’s right to an opt-out clause.…

Former banker arrested in Italy for money laundering

This content was published on May 4, 2015 Arrested by the Italian financial police a few days ago, the accused worked for the Lugano bank Cornèr from 1996 to 2012. With the assistance of a Milanese accountant – who was arrested in March 2013 under the same investigation – the ex-banker helped clients in the creation of holding companies in Switzerland, Luxembourg and the Netherlands,…

A woman pays for her purchases in a shop

Franc highs send Swiss cross-border shopping

This content was published on May 4, 2015 Around 20,000 people live in Riehen in Basel. Shop owners are powerless and can’t influence the exchange rate, but they are working together with unions and the community to devise new ways to keep local customers loyal. The Basel trade union is asking the authorities to loosen regulations, which they say also put Swiss shops…

Banks probe thousands of dormant Swiss accounts

This content was published on May 4, 2015 Swiss banks are checking on thousands of bank accounts opened before 1955 and untouched for the past 50 years, a German newspaper has reported.

Whistleblower Birkenfeld: “I helped Switzerland”

This content was published on May 3, 2015 Birkenfeld claims he was pushed into the action by the discovery of an internal document at UBS which contradicted the working practices that bankers were engaged in. Birkenfeld interpreted the memo as the bank covering its own back against criminal liability without protecting its staff. Birkenfeld went to the US authorities “to hold people accountable…

Timber industry groaning under the might of the Swiss franc

This content was published on May 3, 2015

A glimpse inside the Swiss pavilion

This content was published on May 1, 2015

Canton Geneva is feeling pain of strong franc

This content was published on Apr 30, 2015 Geneva is suffering from the effects of the surge in the Swiss franc, warns the canton’s economic minister. Pressures on margins are being felt in all sectors from banking to tourism.

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Archive – Banking & Fintech

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Archive – Banking & Fintech

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Switzerland’s Silk Road is a slow one

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Alarm raised over imported diet pills

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Gates Foundation loses appeal in Sika takeover saga

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Former banker arrested in Italy for money laundering

More

Franc highs send Swiss cross-border shopping

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Banks probe thousands of dormant Swiss accounts

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Whistleblower Birkenfeld: “I helped Switzerland”

More

Timber industry groaning under the might of the Swiss franc

More

A glimpse inside the Swiss pavilion

More

Canton Geneva is feeling pain of strong franc

Popular Stories

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