Archive – Banking & Fintech

Economics minister postpones Russia trip

This content was published on Aug 26, 2014 Swiss Economics Minister Johann Schneider-Ammann will postpone his trip to Russia until the situation in Ukraine has settled down.

Swiss consumers scorn their own cheese

This content was published on Aug 24, 2014 In June the trade balance was 445 tons in favour of imported cheese, according to a report in the NZZ am Sonntag newspaper. Demand for the traditional Emmental and Tilsiter has dropped gradually over the past years. Exports of these varieties by about a third between 2000 and 2013. However, imports were given a boost…

Wet summer mars mountain tourism

This content was published on Aug 24, 2014 Officials from the Graubünden tourist region, including St Moritz and Davos, estimate that overnight stays will drop between 10% and 20%. A majority of hoteliers in the southern Ticino region say they expect a drop of more than 10%, and the Valais tourism association – expect for the resort of Zermatt – is also pessimistic…

World expos: reflecting the global zeitgeist

This content was published on Aug 24, 2014 The Eiffel Tower or the Brussels Atomium are the most famous relics of world expos past, when such events were mostly trade fairs. Nowadays expos are devoted to themes of global importance presented in eye-catching ways.

Nestlé pledges humane treatment of farm animals

This content was published on Aug 22, 2014 Nestlé, in partnership with the NGO World Animal Protection, has pledged to improve farm animal welfare in its supply chain.

Weighing up fair food and living off the land

This content was published on Aug 22, 2014 In July a group of farmers walked through the Swiss capital in a colourful procession showing off agricultural produce. They were marking having successfully collected around 150,000 signatures within a record three months for an initiative to boost the production of food. The move by the main Farmers’ Association was not only proof of their…

Julius Bär sued for missing German millions

This content was published on Aug 21, 2014 Julius Bär has been hit by a demand to pay back €135 million (CHF165 million) in assets that went missing during German reunification.

Swiss dairy exports profit from Russian embargo

This content was published on Aug 20, 2014 Dutch Gouda, Italian Parmesan and other cheeses have been banned from Russian supermarkets. Swiss cheeses are filling some of the gaps.

US fine provisions hit Swiss private banks

This content was published on Aug 20, 2014 The reportExternal link by the University of St Gallen and the global tax firm KPMG published on Wednesday said 59 out of 94 banks analysed showed declining performances or had only managed to stabilise their downward trend in 2013. This compared with one in five banks in 2012. “Declining profitability and simultaneously low growth in…

Foreign banks pack their bags in Switzerland

This content was published on Aug 20, 2014 Numbers of foreign-owned banks in Switzerland have declined from 162 at their peak in 2009 to 121 at the end of May this year with the likes of Lloyds, ABN Amro, Santander and ING packing their bags. The trend continued in July with the Israeli-owned Bank Leumi agreeing to sell to Julius Baer and Portugal’s…

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Archive – Banking & Fintech

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Archive – Banking & Fintech

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Economics minister postpones Russia trip

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Swiss consumers scorn their own cheese

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Wet summer mars mountain tourism

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World expos: reflecting the global zeitgeist

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Nestlé pledges humane treatment of farm animals

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Weighing up fair food and living off the land

More

Julius Bär sued for missing German millions

More

Swiss dairy exports profit from Russian embargo

More

US fine provisions hit Swiss private banks

More

Foreign banks pack their bags in Switzerland

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