Archive – Banking & Fintech

Big bill lands at Swiss Re after Chile quake

This content was published on Mar 10, 2010 The world’s second largest reinsurance company, which sells insurance to insurance companies, said the amount of damage it would cover in Chile has climbed to around $500 million. That comes on top of $100 million in claims following a storm that recently swept across Europe, Xynthia. Chile has certain building codes in place but the…

Construction boom may be moving too fast

This content was published on Mar 10, 2010 While the residential market is expected to remain largely stable, the global economic recession is more likely to hit demand for business premises. But this is not mirrored by the rate of projects under construction. The latest real estate market report by Credit Suisse bank has warned of a probable disparity between supply and demand…

Swisscom wins appeal against SFr333 million fine

This content was published on Mar 9, 2010 Swisscom – a former monopoly which is still majority-owned by the government – appealed in November against the SFr333 million ($308 million) fine issued by the Federal Competition Commission for alleged abuse of the pricing of broadband services, anti-competitive behaviour and contravention of competition law. The commission said Swisscom had displayed anti-competitive behaviour by abusing…

Can an image campaign save Switzerland?

This content was published on Mar 9, 2010 swissinfo.ch spoke to communications expert Iwan Rickenbacher, an honorary professor at Bern University, about the damage to Switzerland’s image, and what Presence Switzerland – the government’s PR agency – should be doing about it. On February 5 the American magazine Newsweek declared “The End of Switzerland” over the issue of undeclared foreign assets in Swiss…

Small debuts

This content was published on Mar 9, 2010 The trend towards ever smaller cars and engines is clearly evident in Geneva. The compact sector should account for more than half of the global market by 2016. (all pictures: Keystone)

Ospel willing to go before parliamentary review

This content was published on Mar 9, 2010 Ospel was at the helm of UBS in 2007 when the bank plunged into the financial crisis and suffered a legal conflict with the United States authorities over tax evasion. A parliamentary public accounts committee is investigating the UBS debacle and the role of the government during the financial crisis. Its findings are due at…

Swiss keep ahead in innovation

This content was published on Mar 8, 2010 The study issued on Monday by the Swiss Economic Institute (KOF), which is part of the Federal Institute of Technology in Zurich, was based on a survey of 6,000 companies. It was conducted for the State Secretariat for Economic Affairs (Seco). Researchers found that in the period 2006-2008 no country of the European Union matched…

Swiss travel joys

This content was published on Mar 8, 2010 An exhibition at the Swiss National Library, until June 27 (all pictures: SNL)

Electric cars reveal positives and negatives

This content was published on Mar 8, 2010 While they are well represented at this year’s Geneva Motor Show, you won’t find many on Swiss roads. In 2009, of the 266,018 new cars sold, only 53 were powered by electricity. There are experts who say that the hour of the electric car has arrived, although others remain sceptical. Some argue that if these…

Unemployment rate falls

This content was published on Mar 8, 2010 The unemployment rate stood at 4.4 per cent, down 0.1 per cent on January. This is the first drop in nine months. Overall there were 172,999 registered unemployed in February, down 2,766 on the month before. Experts said that the data was in line with expectations and that it was an indication that the downturn…

Archive – Banking & Fintech

Popular Stories

Most Discussed

Archive – Banking & Fintech

More

Big bill lands at Swiss Re after Chile quake

More

Construction boom may be moving too fast

More

Swisscom wins appeal against SFr333 million fine

More

Can an image campaign save Switzerland?

More

Small debuts

More

Ospel willing to go before parliamentary review

More

Swiss keep ahead in innovation

More

Swiss travel joys

More

Electric cars reveal positives and negatives

More

Unemployment rate falls

Popular Stories

Most Discussed