Archive – Banking & Fintech

You’ve got mail!

This content was published on Jan 7, 2013 In the next few months new machines will be installed in Switzerland’s 39 sorting offices able not merely to sort by post code but to organise the letters in the order in which the postman will deliver them. But despite increased automation, human beings will still play an essential role. A report from the centre…

Wegelin private bank pleads guilty

This content was published on Jan 3, 2013 Otto Bruderer, an official at the St Gallen-based bank, appeared in Manhattan federal court on Thursday to enter a plea on the company’s behalf to a single count of conspiracy. “From 2002 to 2010, Wegelin conspired with certain US taxpayers to evade US taxes,” Bruderer told the court. Under a proposed plea agreement, the bank…

Switzerland on the box, but what’s inside?

This content was published on Dec 30, 2012 Switzerland has benefited from its good reputation: Swiss made has long been a byword for quality and that in turn has generated healthy profits. But because the brand has not been sufficiently protected, others beyond the border have been making a tidy sum with it too. The first time anyone paid close attention to the…

Deserving of protection?

This content was published on Dec 30, 2012 Knowing where a product was made or under what conditions is becoming more complicated for consumers. For example, just how Swiss is that watch if some of its components are produced abroad? Big Swiss watchmakers want at least 60 per cent of the manufacturing costs to be local for products to earn the right to…

A risky business – but not for traffickers

This content was published on Dec 28, 2012 “In the 80 countries we work in, we are dealing every day with individuals and entire families who get into debt to buy fake medicines. And the terrible thing is that often these medicines damage their health or kill them, without them even realising it,” says Guillaume Schmidt, a pharmacist who works for the Swiss…

Swiss send more packages, fewer text messages

This content was published on Dec 26, 2012 The Swiss Post handled 16 million packages in the time period between December 1 and 24, compared with around 15 million in the past few years. About one million packages came through postal sorting centres in the cantons of Vaud, Thurgau and Solothurn every day during the week leading up to Christmas, twice as many…

Ministerial comments trigger angry response

This content was published on Dec 23, 2012 Her comments, made during a news conference last Thursday to look back over her year as Swiss president, have unleashed protests by centre-right and rightwing parties as well as scepticism by the Swiss Business Federation. However, centre-left parties and a senior European Union representative have welcomed Widmer-Schlumpf’s statement according to newspaper reports. Richard Jones, EU…

Traditional wooden toys versus computer games

This content was published on Dec 22, 2012

Nuclear watchdog calls for Mühleberg measures

This content was published on Dec 21, 2012 These include replacing the structure that stabilises the crack in the core shroud, Ensi said on Friday. However, for the next five years the watchdog considered the structural integrity of the core shroud – the cylinder surrounding the nuclear reactor core – to be guaranteed. A longer-term prognosis was subject to uncertainties, it said. In…

Shadow banking avoids regulation

This content was published on Dec 21, 2012

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Archive – Banking & Fintech

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Archive – Banking & Fintech

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You’ve got mail!

More

Wegelin private bank pleads guilty

More

Switzerland on the box, but what’s inside?

More

Deserving of protection?

More

A risky business – but not for traffickers

More

Swiss send more packages, fewer text messages

More

Ministerial comments trigger angry response

More

Traditional wooden toys versus computer games

More

Nuclear watchdog calls for Mühleberg measures

More

Shadow banking avoids regulation

Popular Stories

Most Discussed