Archive – Banking & Fintech

Parliament urged to resolve UBS data question

This content was published on Jan 24, 2010 In an interview with the SonntagsZeitung newspaper published on Sunday, Christoph Bandli said it was up to parliamentarians to decide on whether tax evasion was a criminal offence. If Swiss legislators were to equate tax evasion with tax fraud, authorities could legally hand over the files of 4,450 of the bank’s clients suspected of tax…

SNB welcomes US plans to limit bank risk

This content was published on Jan 23, 2010 “The proposal yesterday is certainly something we are extremely interested in,” said Swiss National Bank Chairman Philipp Hildebrand in an interview with the Wall Street Journal published on Friday. “And, broadly speaking, we are very supportive of making sure certain activities, like prop trading activities, must not be allowed to grow again the way they…

Heritage prize adds value to wine

This content was published on Jan 22, 2010 The eastern village of Fläsch in the Rhine Valley is the winner of this year’s Wakker prize, Switzerland’s top heritage award, which could be a boost to its winemaking. Think of Swiss food and beverages and you are more likely to come up with chocolate, cheese and Ovaltine. Wine from Switzerland has few friends abroad.…

Dr Doom predicts more economic woe

This content was published on Jan 22, 2010 In an interview with swissinfo.ch, Faber criticised central banks for exacerbating the current problems with the same low interest rate policies that he blamed for causing the financial crisis. Faber, known as Dr Doom for his uncanny ability to predict stock market crashes, was addressing business leaders at the International Alpine Symposium in Interlaken on…

Cheaper prices slow down pharma market growth

This content was published on Jan 22, 2010 Cheaper prices, both for patented medicines and generics, were cited as the reason for the slowdown from the 5.5 per cent increase recorded in 2008. The savings totalled more than SFr400 million, according to an analysis by IMS Health. It said that the use of generics in hospitals had increased significantly, up 3.9 per cent…

Haiti appeal finds strong support from Swiss

This content was published on Jan 22, 2010 Another SFr4.4 million had already been pledged, making the total so far SFr25.2 million. It is one of the most successful campaigns of the fundraising Swiss Solidarity charity, led by the Swiss Broadcasting Corporation. Swiss Solidarity coordinator Roland Jeanneret said he was very happy at the result, with SFr1 million on average being pledged every…

France gives back stolen HSBC bank data

This content was published on Jan 21, 2010 A French justice ministry spokesman told the Swiss News Agency that France would keep copies and in some cases the original documents for its own investigation. “The documents requested by Switzerland were returned to the Swiss authorities,” said the spokesman without indicating when the data was handed back or how much. The announcement comes a…

Federal Court to decide on UBS tax fraud case

This content was published on Jan 21, 2010 The Administrative Court said earlier this month that the regulator, the Swiss Financial and Market Supervisory Authority (Finma), had acted illegally when it transferred the data of wealthy UBS account holders. The Federal Court will now have the final say. The government has been facing the threat of a formal parliamentary investigation into the affair.…

Leaders to meet in Davos to “rebuild” the world

This content was published on Jan 20, 2010 The annual five-day brainstorming, which opens on January 27 in the eastern Swiss mountain resort, is due to attract 2,500 participants from more than 90 countries. Haiti and global warming will also be top agenda items. World leaders and business figures will be meeting under the motto “Improve the State of the World: Rethink, Redesign,…

Giant jet drops in on Zurich’s Kloten airport

This content was published on Jan 20, 2010 The aircraft touched down at 8.21am on Wednesday. It will spend the next two days at the airport to undergo a series of tests needed to ensure that landings and take-offs can be permitted. The tests include the aircraft’s ability to manoeuvre safely on the ground, its effect on navigation systems and the ability to…

Page 646 of 1641

First … 644 645 646 647 648 … Last

Archive – Banking & Fintech

Popular Stories

Most Discussed

Archive – Banking & Fintech

More

Parliament urged to resolve UBS data question

More

SNB welcomes US plans to limit bank risk

More

Heritage prize adds value to wine

More

Dr Doom predicts more economic woe

More

Cheaper prices slow down pharma market growth

More

Haiti appeal finds strong support from Swiss

More

France gives back stolen HSBC bank data

More

Federal Court to decide on UBS tax fraud case

More

Leaders to meet in Davos to “rebuild” the world

More

Giant jet drops in on Zurich’s Kloten airport

Popular Stories

Most Discussed