Archive – Banking & Fintech

Niche watchmakers join forces to weather storm

This content was published on Jan 21, 2015 Currency fluctuations and other challenges have small, independent Swiss watchmakers gathered in Geneva cautious about the future.

Cabinet stalls to tackle currency shock fallout

This content was published on Jan 21, 2015 “The situation is very difficult,” conceded Economics Minister Johann Schneider-Ammann following Wednesday’s regular cabinet meeting. “But there is no need to intervene at this stage,” he added, dismissing calls by the political left. The government pledged to analyse developments, as production costs for the industry rose considerably as a result of a decision by the…

‘WEF meeting has lost most of its symbolic meaning’

This content was published on Jan 21, 2015 The plug is being pulled on a naming and shaming award for companies allegedly guilty of irresponsible business practices.

Is WEF really serious about tackling inequalities?

This content was published on Jan 20, 2015 The World Economic Forum is a good forum for civil society leaders to discuss poverty, inequality and climate change, but its value is limited.

Geneva watch show celebrates quarter-century

This content was published on Jan 19, 2015 The Salon International de la Haute Horlogerie (SIHH) returns for the 25th time just days after the shock ending of the ceiling on the Swiss franc.

Strong Swiss franc brings greater risks for exports

This content was published on Jan 19, 2015 Last year was difficult for Switzerland’s watchmakers and on top of this, Swiss watchmakers will now have to cope with a stronger currency in 2015.

Banking whistleblower Elmer escapes jail term

This content was published on Jan 19, 2015 Rudolf Elmer was a senior executive at Julius Baer until he was fired in 2002. In 2007, he passed on information to the WikiLeaks website that he claimed showed his former employer set up trust funds and other banking constructs to help clients evade taxes through offshore accounts. In 2011, he staged a press conference…

SNB president defends shock move: reaction ‘overdone’

This content was published on Jan 17, 2015 “We see significant excesses in current exchange rates,” he told the Saturday editions of the Neue Zürcher Zeitung and Le Temps, adding that the bank had been aware that its shock move could have a major impact, and it could take some time for markets to find equilibrium. The SNB had capped the value of…

Soaring franc tests mettle of smaller firms

This content was published on Jan 16, 2015 Only the fittest Swiss SMEs are tipped to survive the SNB's decision to pull the plug on its franc-euro exchange rate peg.

Agreement reached on Swiss-Italian tax issues

This content was published on Jan 16, 2015 The agreement will facilitate the processing of the Italian voluntary disclosure programme recently adopted by Italy’s parliament and will “considerably increase legal certainty for Italian taxpayers” who have an account in Switzerland, the Swiss foreign ministry said. It is the latest step towards the gradual implementation of global rules on the automatic exchange of tax…

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Archive – Banking & Fintech

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Archive – Banking & Fintech

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Niche watchmakers join forces to weather storm

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Cabinet stalls to tackle currency shock fallout

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‘WEF meeting has lost most of its symbolic meaning’

More

Is WEF really serious about tackling inequalities?

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Geneva watch show celebrates quarter-century

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Strong Swiss franc brings greater risks for exports

More

Banking whistleblower Elmer escapes jail term

More

SNB president defends shock move: reaction ‘overdone’

More

Soaring franc tests mettle of smaller firms

More

Agreement reached on Swiss-Italian tax issues

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