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One in four hotel bookings done online

This content was published on Feb 25, 2015 Some 27.4% of all bookings are made on the internet, generating over CHF1 billion in gross revenue in 2014, according to a survey of 265 Swiss hotels by the Tourism Institute of the University of Applied Sciences of Western Switzerland, Valais. Online booking agencies like Booking.com are responsible for a significant chunk. These kinds of…

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Largest Swiss cities launch Expo plans

This content was published on Feb 24, 2015 On Tuesday, the cities of Basel, Zurich and Geneva announced plans for each of them to have a dedicated presence at the Expo’s Swiss pavilion, designed to highlight their cities‘ unique traits under the motto “innovative, sustainable, cultural and urban“. Zurich’s six-week-long programme will focus on water quality and the role clean water plays in…

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Exports keep chocolate manufacturers sweet

This content was published on Feb 24, 2015 Switzerland’s 18 manufacturers sold a total of 183,738 tonnes of chocolate last year, 4,900 tonnes more than in 2013. As a result, turnover increased by 2.7% to CHF1.72 billion ($1.81 billion). At home, however, the 68,264 tonnes sold was 1.4% less than in 2013. This converts into a per capita consumption of “only” 11.7kg, down…

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Interpol foundation shows HSBC boss the door

This content was published on Feb 24, 2015 “Furthermore, with due regard to the presumption of innocence and pursuant to the Foundation’s Code of Good Governance and Internal Regulations, Interpol has proposed to the President of the Foundation that Mr Gulliver should temporarily suspend his membership with the board of the Foundation until the allegations are clarified,” an Interpol spokesperson told Swiss public…

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Swiss hotel schools find new ways to attract students

This content was published on Feb 24, 2015 It is information day at the Ecole Hoteliere Lausanne (EHL), the oldest and one of the most prestigious hotel schools in the world. A group of around 50 prospective students and their parents are engrossed in a presentation given by the admissions coordinator. With a four-year bachelors programme costing upwards of CHF150,000 ($166,746) for international…

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Ministers sign Italian-Swiss tax treaty

This content was published on Feb 23, 2015 The accord and a roadmap for the amendment of tax rules on cross-border workers as well as improved access to Italy’s financial market for Swiss banks and insurers were signed by Finance Minister Eveline Widmer-Schlumpf and her Italian counterpart, Pier Carlo Padoan, in Milan on Monday. The agreement also foresees participation in a voluntary disclosure…

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Swatch boss: ‘We’re basically operating without a national bank’

This content was published on Feb 22, 2015 In an interview with the Schweiz am Sonntag newspaper, he dismissed calls for a “deregulation agreement” as made by UBS head Sergio Ermotti and various voices on the political right who are concerned about Switzerland’s weakening position as a business centre. These concerns were triggered on January 15, when the SNB unexpectedly removed the cap…

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Tax scandal hits Swiss bank deals

This content was published on Feb 20, 2015 The controversial tax practices of the Swiss private banking industry are threatening to disrupt two potential takeover deals in the sector. Bidders for Coutts International have tried to use the recent scandal over tax evasion by clients of HSBC’s Swiss arm to lower the price of the private banking assets being sold by Royal Bank…

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Footage from the scene

This content was published on Feb 20, 2015

Archive – Banking & Fintech

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Archive – Banking & Fintech

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An accidental currency war?

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One in four hotel bookings done online

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Largest Swiss cities launch Expo plans

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Exports keep chocolate manufacturers sweet

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Interpol foundation shows HSBC boss the door

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Swiss hotel schools find new ways to attract students

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Ministers sign Italian-Swiss tax treaty

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Swatch boss: ‘We’re basically operating without a national bank’

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Tax scandal hits Swiss bank deals

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Footage from the scene

Popular Stories

Most Discussed