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Big banks facing regulatory conundrum

This content was published on Feb 15, 2011 The main question for Switzerland’s biggest banks – Credit Suisse and UBS – is how much further will Swiss rules go in comparison to international standards, and how that might affect their ability to compete on a global scale. Credit Suisse intimated last week that it has already reorganised enough to cope with any new…

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Chemists get out tubular bells and whistles

This content was published on Feb 14, 2011 But in 2011, International Year of Chemistry, Swiss scientists are briefly putting down their Bunsen burners to celebrate their achievements, explain how interesting and important their subject is to Switzerland – and try to attract some future Nobel Prize winners along the way. If the 20th century belonged to physics – relativity, quantum mechanics, nuclear…

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Credit Suisse banks on conservative image

This content was published on Feb 10, 2011 It announced on Thursday that net profits fell by a quarter to SFr5.1 billion ($5.31 billion). The Swiss bank escaped the worst ravages of the financial crisis by spotting the mortgage backed securities bubble before it burst. It now claims to be ahead of the curve with a strategy to cope with the new regulatory…

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The World Social Forum in pictures

This content was published on Feb 10, 2011 The World Social Forum has met every year since 2001, as a counter-weight to the World Economic Forum in Davos.

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Insurer posts fall after floods and quakes

This content was published on Feb 10, 2011 Switzerland’s largest insurer nevertheless said on Thursday that a vote of confidence in the future had raised its dividend to SFr17 a share. “This highly attractive dividend proposal reflects our confidence in the success of Zurich’s business strategy,” Chief Executive Martin Senn said in a statement. Profit in general insurance, Zurich’s biggest segment, was driven…

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Credit Suisse turns lower profit for 2010

This content was published on Feb 10, 2011 The 2009 figure of SFr6.7 billion was the third best result in the bank’s history. But 2010 was marked by uncertainties on the financial markets. Although the investment banking sector was able to recover a bit in the fourth quarter, its pre-tax profit for 2010 was SFr3.5 billion, around 48 per cent less than in…

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Syngenta comes under fire in Burkina Faso

This content was published on Feb 9, 2011 The West African country is calling for the product to be placed on the Rotterdam Convention list of extremely dangerous substances. A UN treaty, the convention establishes guidelines for the use of hazardous chemicals and pesticides with a view to protecting human and environmental health. A study conducted in June-July 2010 by the Burkina Faso…

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Syngenta continues steady growth

This content was published on Feb 9, 2011 Sales were up six per cent to $11.64 billion, the Basel-based multinational said on Wednesday. Syngenta makes genetically modified seeds as well as products to kill weeds and insects. “Strong volume growth starting in the second quarter of 2010 has more than offset the impact of lower crop protection prices and demonstrates the ongoing expansion…

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Customs officials claim successful year

This content was published on Feb 8, 2011 They also intercepted three times more smuggled food items than in 2009. Leather articles and jewelry accounted for more than half the 2,741seizures of fakes. Other popular items were clothes and accessories such as scarves, hats and sunglasses. A total of about 826 tonnes of smuggled food items were discovered. Fruit and vegetables accounted for…

Archive – Banking & Fintech

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Archive – Banking & Fintech

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City waste discovered as new source for raw materials

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Big banks facing regulatory conundrum

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Chemists get out tubular bells and whistles

More

Credit Suisse banks on conservative image

More

The World Social Forum in pictures

More

Insurer posts fall after floods and quakes

More

Credit Suisse turns lower profit for 2010

More

Syngenta comes under fire in Burkina Faso

More

Syngenta continues steady growth

More

Customs officials claim successful year

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Most Discussed