Archive – Banking & Fintech

Chocolate – Grand Cru

This content was published on Aug 15, 2012 Felchlin carries out every step of production in Schwyz, following a traditional process. Noble Criollo cocoa beans form the basis of the Grand Cru couvertures. Traditional roasting – carried out in small batches – allows the cocoa to fully develop its character. (All images: Thomas Kern / swissinfo.ch)

Baer to buy Merrill Lynch’s international arm

This content was published on Aug 13, 2012 Baer said in a statement on its website that the purchase of the business was to boost its assets under management in growing markets. The transaction is expected to result in additional assets of between SFr57 and SFr72 billion, the Swiss private banking group said. The difference in the values reflects Baer’s worst and best case…

Online gathering rides on Swiss train technology

This content was published on Aug 11, 2012 Cesar Meza is the proud engineer and mechanic on the last operating locomotive designed by Swiss inventor Anatole Mallet in the 1870s. “It’s not a museum piece, it’s the only Mallet engine still running today,” the 35-year-old from South Dakota told swissinfo.ch. Thanks to its double engine technology, the Mallet locomotive was a wonder of…

Alleged UBS data transfer threatens tax deal

This content was published on Aug 10, 2012 “UBS is not aware of having fallen victim to data theft,” UBS spokesman Andreas Kern told swissinfo.ch on Friday. “Information as to whether and which UBS clients are affected is therefore of a purely speculative nature.” Reports of the transfer which first appeared on Thursday in Financial Times Deutschland have given new ammunition to German…

Switzerland – the discreet shipping giant

This content was published on Aug 10, 2012 One of the main factors behind this change is Geneva, which is home to shipping giants like Mediterranean Shipping Company (MSC), explained Bernard Morard, dean of the faculty of Economic and Social Sciences at Geneva University. “[The city] manages to offer networks that include commodity traders, banks, as well as insurance, shipping and quality control…

Game changes for foreign banks in Switzerland

This content was published on Aug 8, 2012 Up to now, foreign banks have generally been better able to steer clear of tax avoidance headlines than their Swiss counterparts. The exception is when CDs full of confidential customer data crop up for sale in Germany, as happened with Coutts, a subsidiary of the Royal Bank of Scotland, and HSBC in Geneva. But even…

Inside foreign banks

This content was published on Aug 8, 2012

US may target Swiss bankers travelling in Europe

This content was published on Aug 7, 2012 Extradition treaties between the US and countries including France, Germany, Italy, Austria and Britain make it possible for the US to take legal steps via Interpol against bankers suspected of helping US citizens evade taxes, Denise Chervet, central secretary of the Swiss Bank Employees Association told the Swiss News Agency. “If the US issues an…

Large sporting events key to soft power

This content was published on Aug 6, 2012 If war is the pursuit of politics by other means, as the German strategist Clausewitz once put it, then organising the Olympic Games is the pursuit of war by peaceful means. According to Loïc Ravenel, the scientific collaborator at the International Centre for Sports Studies in Neuchâtel, the Games are always viewed as a statement…

US demands drawing out tax dispute

This content was published on Aug 4, 2012 The minister told Saturday’s Zürcher Regionalzeitungen newspaper, that since the two countries had agreed on an overall approach to a global settlement “new demands are constantly being made that we cannot accept”. She could not say how long she expected the negotiations to continue. “If Switzerland did as the United States’ wanted, a global solution…

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Archive – Banking & Fintech

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Archive – Banking & Fintech

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Chocolate – Grand Cru

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Baer to buy Merrill Lynch’s international arm

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Online gathering rides on Swiss train technology

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Alleged UBS data transfer threatens tax deal

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Switzerland – the discreet shipping giant

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Game changes for foreign banks in Switzerland

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Inside foreign banks

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US may target Swiss bankers travelling in Europe

More

Large sporting events key to soft power

More

US demands drawing out tax dispute

Popular Stories

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