Archive – Banking & Fintech

Artistic dig at resort hosting World Economic Forum

This content was published on Jan 22, 2013 Thomas Hirschhorn, one of Switzerland’s most controversial artists, has portrayed the eastern ski destination as a village under siege in his exhibition, ‘The Economic landscape of Davos.’ He explains the significance of the work. (SRF/swissinfo.ch)

National bank reports renewed profit

This content was published on Jan 17, 2013 But the announcement on Thursday reflects a drop of more than half from last year’s profit of SFr13.5 billion when it was buying a massive amount of euros to hold down the value of the franc. The result also reflects a loss in the final quarter of 2012 according to analysts. The SNB had announced…

Swiss financial leaders invited to G20 meetings

This content was published on Jan 16, 2013 Russia, which took over the G20 presidency in December, extended the invitations to Finance Minister Eveline Widmer-Schlumpf and to Thomas Jordan, chairman of the Swiss National Bank, the finance ministry said in a statement on Wednesday. “It is important for Switzerland to be involved at this level,” it quoted Widmer-Schlumpf as saying. “We will make constructive contributions…

Swatch acquires luxury brand

This content was published on Jan 14, 2013 “Harry Winston does brilliantly complement the prestige segment of the Group. We are proud and happy to welcome Harry Winston to the Swatch Group family – diamonds are still a girl’s best friend,” Chairwoman Nayla Hayek said in a statement. The move comes as watchmakers compete to snap up watchmaking know-how and production facilities, and…

Asian demand fuels record Swatch sales

This content was published on Jan 10, 2013 The Biel-based maker of timepieces, jewellery and watch parts said nearly all of its 19 brands had experienced double-digit growth. It also said it had increased its market share in the world watch sector, which is set to reach $47 billion in 2017 according to market researcher Global Industry Analysts. Sales were fuelled by the…

Female drivers now considered worse than men

This content was published on Jan 9, 2013 Female drivers shouldn’t be considered more dangerous though warned Suva. In fact, they are less likely to have an accident than a decade ago, but men have managed to do even better over the same period. For working men between the ages of 18 and 64, the chances of having an accident has dropped 26…

Tax probe targets French budget minister

This content was published on Jan 8, 2013 In a French television debate on Monday evening, Cahuzac was accused of doing too little to combat tax evasion by rich French citizens. He was also accused of maintaining an account with Swiss bank UBS until 2010, as reported by a French news website. The website, Mediapart, also cited a telephone recording where Cahuzac mentioned…

What top management earns

This content was published on Jan 8, 2013

Post office “bank” inches closer to dream

This content was published on Jan 7, 2013 If all goes to plan, PostFinance will spin off from its mother company, Swiss Post, next summer and obtain a banking licence, marking a significant step in the company’s evolution. But customers will barely notice the difference – for the time being at least. Business has been booming for PostFinance since the financial crisis broke…

Fewer letters yield new ventures

This content was published on Jan 7, 2013 Although the July 2012 merger of Swiss Post International (SPI) and the global division of France’s La Poste has been finalised on paper, there is a lot to be hashed out, says Ulrich Hurni, the director of PostMail (the Post unit responsible for letter and newspaper processing) and the president of the board of the…

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Archive – Banking & Fintech

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Archive – Banking & Fintech

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Artistic dig at resort hosting World Economic Forum

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National bank reports renewed profit

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Swiss financial leaders invited to G20 meetings

More

Swatch acquires luxury brand

More

Asian demand fuels record Swatch sales

More

Female drivers now considered worse than men

More

Tax probe targets French budget minister

More

What top management earns

More

Post office “bank” inches closer to dream

More

Fewer letters yield new ventures

Popular Stories

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