Archive – Banking & Fintech

“Made in Switzerland” remains a magnet

This content was published on May 25, 2010 The study, commissioned by St Gallen University, also notes that controversial political issues, including the decision by the Swiss electorate to ban the construction of new minarets, have had little impact on products made in Switzerland. However, it says that Swiss goods are not really identified with innovation. The Swissness Worldwide 2010 report also shows…

“Banking sector should put its house in order”

This content was published on May 25, 2010 Hässig tells swissinfo.ch that Swiss bank UBS was mainly responsible for the fall of banking secrecy – in this context a multi-million dollar tax accord with the United States government and the handing over of client data. In February 2009, UBS agreed to pay $780 million (SFr884.1 million) to avoid legal charges from Washington on…

Wanted: European “backyard” for nuclear waste

This content was published on May 24, 2010 Ten nations have enlisted the aid of Baden-based Arius, or Association for Regional and International Underground Storage. They hope to consolidate their radioactive waste within a single location. The countries in question include Austria, Ireland, Italy and seven others – but not Switzerland. In 2006, the federal government enacted a ten-year moratorium on the export…

Demonstration held against atomic power

This content was published on May 24, 2010 The rally comes amid discussions about where to dump nuclear waste and plans to build new atomic fuel plants. The demonstration was called by more than 80 organisations for Whit Monday. Marchers, including representatives from the centre-left Social Democratic Party and the Green Party, covered ten kilometres from Aarau to Olten, via the nuclear power…

Swiss send condolences over India air crash

This content was published on May 22, 2010 A passenger jet crashed on landing at the city of Mangalore in the early hours of Saturday, killing almost 160 people. In a statement, the transport ministry said that Leuenberger had written to express his sadness at the deaths and his sympathies to the families of the victims. Air India Express said there were eight…

Swiss show the world they can recycle

This content was published on May 21, 2010 The organisation said on Friday that more than 80 companies from the drinks, pet food and aluminium industries and the Swiss retail trade were now members The cooperative’s aim is to increase the current 91 per cent recycling rate to 100 per cent, Igora said in a statement. It added that the collection network and…

Swiss-German towns take quality of life crown

This content was published on May 21, 2010 While the results may not surprise regular followers of such city comparison studies, this particular listing shows towns in French-speaking Switzerland are lagging behind their German-speaking cousins. Not a single French-speaking town features in the top 25 of the annual ranking by the Bilanz business magazine of quality of life in Swiss cities, towns and…

Developing economy banks move to Switzerland

This content was published on May 20, 2010 Brazil’s Itau private bank is the latest enterprise to apply for a Swiss banking licence as financial institutions in developing economies recognise the value in capturing the assets of wealthy locals that are managed in Switzerland. Speculation was rife at the height of the financial crisis that the ranks of foreign banks in Switzerland would…

Telecom companies challenge merger ban

This content was published on May 20, 2010 The two telecommunications companies have filed an appeal with the federal administrative court, a spokeswoman for Orange told the Swiss News Agency on Thursday. The Swiss foundation for consumer protection has expressed its dismay. In a statement issued on Thursday, the foundation described Orange and Sunrise as stubborn for failing to consider the welfare of…

Swiss upgrade safety in road tunnels

This content was published on May 20, 2010 The office said on Thursday that 126 of the 220 tunnels did not conform or only partially conformed to the latest safety norms. However, it added that Swiss tunnels were among the safest in the world. Efforts to improve road tunnel safety have been made throughout Europe since fatal accidents in 1999 and 2001 in…

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Archive – Banking & Fintech

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Archive – Banking & Fintech

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“Made in Switzerland” remains a magnet

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“Banking sector should put its house in order”

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Wanted: European “backyard” for nuclear waste

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Demonstration held against atomic power

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Swiss send condolences over India air crash

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Swiss show the world they can recycle

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Swiss-German towns take quality of life crown

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Developing economy banks move to Switzerland

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Telecom companies challenge merger ban

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Swiss upgrade safety in road tunnels

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