Archive – Banking & Fintech

Health office admits communication flaws

This content was published on Jun 2, 2014 The Federal Health Office and the local council say a hotline has been set up to answer questions from nearby residents in Brüggmoos on the outskirts of Biel. At a joint news conference on Monday officials reiterated the refuse – containing radium-226 – found two years ago on a construction site for a motorway bypass…

Switzerland gives account holder data to India

This content was published on Jun 2, 2014 Mario Tuor, head of communications at the State Secretariat for International Financial Matters, confirmed to swissinfo.ch that Switzerland had provided information on a number of names “a few weeks ago”. He would not comment on how many individuals were concerned, only that the number was small and that they were not among the names on…

DIY pocketknife

This content was published on Jun 2, 2014 Members of the public are invited to create their own Swiss Army Knife at an exhibition at the Château de Prangins, near Geneva, to mark the 125th anniversary of the Victorinox firm. swissinfo.ch’s Simon Bradley went along to find out how it is done. (Simon Bradley swissinfo.ch)

Luxury alpine hotel runs out of money

This content was published on Jun 2, 2014 The board of the managing company on Monday confirmed it had to turn over their financial statements to a district court. The Davos-based company Weriwald is to take over the lease of the hotel and will continue all staff contracts. The Davos Intercontinental, known as the Golden Egg because of its special architectural form and…

Swiss firms enjoy World Cup bonanza in Brazil

This content was published on May 27, 2014 There are currently some 350 Swiss companies active in Brazil. They provide jobs for 106,000 people and have a combined annual turnover of $10 billion (CHF9 billion). Some, such as Nestlé, have a long history in the country; others, such as Sulzer, are more recent arrivals. In many cases Swiss firms can bring something to…

Dougan says he, and his bank, played by the rules

This content was published on May 25, 2014 Dougan, who is American, said in an interview with the SonntagsBlick newspaper that he feels frustrated by the lack of recognition that Credit Suisse held itself to strict rules related to US clients and participated fully in all investigations. “The investigations lasted three and a half years. Everything was on the table. Many lawyers and…

‘Closing the gap’ in growing female-run business

This content was published on May 23, 2014 “I realised there was a gap in helping women’s businesses to grow and get a larger client base,” Chuma says ahead of the 2014 event. “An expo is a great way for them to focus on their marketing for one day, a day that they put aside for this purpose, to grow their database in…

Swiss debate allowing government spyware

This content was published on May 23, 2014 “Until ten years ago it would have been impossible to imagine that governments of democratically-run countries would develop computer viruses that would be deployed against other democratic countries or even their own citizens. Yet exactly this is happening today,” said Mikko Hypponen, one of the foremost computer security experts in the world, at the 2014…

Proposed ad ban yields passionate response

This content was published on May 22, 2014 Smoking prevention groups like the Swiss Lung League, the Swiss Cancer Association and the Swiss Addiction Association say Interior Minister Alain Berset’s proposal to reign in smoking advertising doesn’t go far enough. Under the suggestion, outdoor festivals and points of sale would be exempt from the advertising ban because of sponsorship considerations. The anti-smoking organisations…

Remaining ‘hit list’ banks sweat over US verdicts

This content was published on May 22, 2014 Zurich Cantonal Bank (ZKB) was named as Switzerland’s third ‘too big to fail’ bank last year owing to its high share of domestic credit it offers to individuals and companies. Basel Cantonal Bank (BKB) plays a vital role in Basel city and canton while Julius Bär, the third biggest Swiss wealth manager, and Pictet are…

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Archive – Banking & Fintech

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Health office admits communication flaws

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Switzerland gives account holder data to India

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DIY pocketknife

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Luxury alpine hotel runs out of money

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Swiss firms enjoy World Cup bonanza in Brazil

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Dougan says he, and his bank, played by the rules

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‘Closing the gap’ in growing female-run business

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Swiss debate allowing government spyware

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Proposed ad ban yields passionate response

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Remaining ‘hit list’ banks sweat over US verdicts

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