Archive – Banking & Fintech

Banks say US tax deal must respect Swiss law

This content was published on Sep 5, 2011 The US has turned up the heat on Switzerland after finding evidence that Credit Suisse and other banks allegedly helped its citizens to break the law by hiding their wealth from the tax authorities. The successful prosecution of UBS two years ago led to a Swiss-US treaty that severely dented Swiss banking secrecy laws by…

Swiss creates core community in Pakistan

This content was published on Sep 5, 2011 “Tap, tap, lift, lower,” a voice echoes through the house, making sure the keen exercisers are keeping their form strong and guiding them through all the core muscle conditioning movements to some funky tunes. Instructor Alessandra Bessler moved from New York to the Pakistani capital in August 2009, with the intention to source manufacturers for…

Zermatt scores high for transport offer

This content was published on Sep 5, 2011 The Transport and Environment Association rated 14 resorts using criteria such as accessibility with public transport and quality of bus services in the villages. Zermatt and Saas Fee scored well for having good rail (Zermatt) and bus (Saas Fee) connections, good bus services in the villages and a proactive communications policy promoting public transport. The…

US issues new bank data deadline

This content was published on Sep 4, 2011 Two Sunday newspapers reported that a letter from US Deputy Attorney General James Cole demanded a “significant” number of client accounts be handed over by Tuesday, otherwise Credit Suisse and nine smaller Swiss banks would face charges. Contents of the letter, sent on August 31, were published in the SonntagsZeitung and NZZ am Sonntag. If…

Geographical oddity squeezed by strong franc

This content was published on Sep 4, 2011 This leafy village of 1,400 on the banks of the River Rhine is enjoying a late-summer’s afternoon. A group of day-trippers are sitting by the open-air pool. Sausages, bread and beer – all from Switzerland – are ordered in Swiss German and paid for with francs. Yet for the residents of Büsingen, which belongs to…

Credit Suisse sued over risky US investments

This content was published on Sep 3, 2011 Lawsuits were filed on Friday by the US Federal Housing Finance Agency against the firms for selling Fannie Mae and Freddie Mac billions of dollars of mortgage-backed securities that turned toxic when the housing market collapsed. Among those targeted by the lawsuits were America’s biggest banks and several European banks. Credit Suisse was being sued…

Solar cookers to save Madagascar’s forests

This content was published on Sep 3, 2011 One Swiss organisation is trying to turn the tide, backing the production of solar cookers as a more eco-friendly alternative to the combustion stoves used by much of the population. All along the 1,000 kilometres of the road leading from the capital Antanarivo to Tuléar, the main town in the southwest, the landscape is barren…

Butchers beef about meat tourists

This content was published on Sep 1, 2011 The Swiss franc, which has gained about 25 per cent in value against the euro over the past four years, is leading to an increase in shopping tourism, said the association’s director, Ruedi Hadorn, on Thursday. One study quoted found that in 2009 around SFr600 million ($750 million) worth of meat was bought abroad. This…

Economic growth slows as franc takes toll

This content was published on Sep 1, 2011 The figures, published on Thursday, matched economists’ forecasts. Private consumption in the second quarter increased 0.2 per cent quarter-on-quarter. Meanwhile, investment dropped two per cent. Annually, gross domestic product grew 2.3 per cent. This was also in line with economists’ expectations. Experts say concerns continue over the strong Swiss franc, which could threaten to cripple…

Zermatt protects priceless Matterhorn brand

This content was published on Sep 1, 2011 As American adventurer John Harlin reached the flanks of the mythical 4,478-metre Matterhorn as part of his Swiss border adventure, swissinfo.ch takes a look at the mountain’s amazing pulling power and economic significance. On the edge of the resort, groups of awestruck visitors stare at the pyramid-shaped colossus that rises in the distance above picture-postcard…

Page 531 of 1641

First … 529 530 531 532 533 … Last

Archive – Banking & Fintech

Popular Stories

Most Discussed

Archive – Banking & Fintech

More

Banks say US tax deal must respect Swiss law

More

Swiss creates core community in Pakistan

More

Zermatt scores high for transport offer

More

US issues new bank data deadline

More

Geographical oddity squeezed by strong franc

More

Credit Suisse sued over risky US investments

More

Solar cookers to save Madagascar’s forests

More

Butchers beef about meat tourists

More

Economic growth slows as franc takes toll

More

Zermatt protects priceless Matterhorn brand

Popular Stories

Most Discussed