Archive – Banking & Fintech

‘We’re not the only EU sceptics’

This content was published on May 15, 2014 Switzerland is at an important strategic point regarding its relations with the European Union: by 2016 Foreign Minister Didier Burkhalter wants to present voters with an agreement that should address the regulation of institutional questions – a stated government goal. Central issues are the automatic transfer of EU law and the sovereignty of the European…

Google ruling a ‘victory’ – for Switzerland, too

This content was published on May 14, 2014 The European Court of Human Rights made its decision on Tuesday. In an interview in the Wednesday edition of Zurich’s Tages-Anzeiger newspaper, Thür said he believed that the ruling would also apply to Switzerland although it is not a member of the European Union. Google – as well as other internet companies – must be…

The valley at the heart of the watchmaking boom

This content was published on May 14, 2014 From the sleepy town of Vallorbe the small Joux Valley train winds its way through picturesque pastures, stopping off at hamlets from another age. Each side of the valley is covered by dense banks of conifers. Sitting at around 1,000 metres altitude at the far western corner of canton Vaud, this remote region is also…

Carbon trade criticised for inefficiency

This content was published on May 12, 2014 Ji’an, a city in the province of Jiangxi in southern China. Tons of rice grain husks are being burned in ovens. The electricity and heat created in the plant are distributed among the area’s residents, reducing their coal use. The project’s promoters call it a model for the entire country. What does Chinese rice have…

Stadler wins contract for future EuroCity trains

This content was published on May 9, 2014 Swiss-based Stadler won the train deal over competitors Alstom and Talgo. The Federal Railways said the company is known for the value of its trains and their innovative qualities. The new trains, which are expected to be rolled out from the end of 2019, will be able to travel at a maximum speed of 249…

Spotlight reappears on university sponsoring

This content was published on May 8, 2014 Nestle subsidiary Nestec will participate in the appointments committee for these two “Nestlé Chairs” and will also get a veto right. Each appointment has to be approved by Nestec. This is according to a contract that has been seen by the Swiss news agency and the Zurich-based Wochenzeitung weekly. The rights go further than had…

Banks too big to fail, but not to jail

This content was published on May 8, 2014 On Monday, US Attorney General Eric Holder said no company was “too big to jail” and pledged to pursue any institution that breaks US laws. His comments sparked rumours that he was specifically referring to Credit Suisse, which is under investigation for alleged tax evasion offences. It has emerged that the bank has adapted its…

Swiss sign on to global bank information exchange

This content was published on May 6, 2014 “Switzerland welcomes the commitment of both the OECD members and non-members that hava a major financial centre,” a statement by the State Secretariat for International Financial Matters said on Tuesday. Singapore also signed on to the agreement on Tuesday, joining the OECD’s 34 members and 13 other countries in pledging to gather tax-related information from…

Tyco plans to move HQ to Ireland

This content was published on May 4, 2014 Switzerland’s status as a haven for international firms has come into doubt following a series of initiative votes curbing executive pay and foreign workers. In addition, Switzerland has been forced by the European Union to rethink its generous corporate tax code. “Businesses have the best opportunity to thrive in stable, predictable environments,” Tyco chief executive…

Swiss banks follow the money to Panama

This content was published on May 4, 2014 Sunshine, a lower cost of living and the inevitable low rate of taxation are what brought Michel*, a retired Geneva private banker, to Panama last year. Swiss banks have also been casting their net in the Latin American state.

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Archive – Banking & Fintech

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Archive – Banking & Fintech

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‘We’re not the only EU sceptics’

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Google ruling a ‘victory’ – for Switzerland, too

More

The valley at the heart of the watchmaking boom

More

Carbon trade criticised for inefficiency

More

Stadler wins contract for future EuroCity trains

More

Spotlight reappears on university sponsoring

More

Banks too big to fail, but not to jail

More

Swiss sign on to global bank information exchange

More

Tyco plans to move HQ to Ireland

More

Swiss banks follow the money to Panama

Popular Stories

Most Discussed