Archive – Banking & Fintech

Foreign firms rank stability higher than tax

This content was published on Sep 21, 2009 The latest survey of 700 global firms by Ernst & Young places Switzerland second as the most desirable country in the world for direct investment, behind Germany. In the midst of the current economic turbulence, political and legal stability, quality of living and good social climate came out top of the list of desirable attributes.…

Rest stop

This content was published on Sep 21, 2009 A musician takes a break before the traditional procession of the 47th Russin grape harvest festival near Geneva on September 20. The festival’s float procession, wine tasting and folk music typically attract more than 40,000 visitors to the village, which has a population of 400. (KEYSTONE/Martial Trezzini)

Watch out for the barbed wire and the butterfly

This content was published on Sep 19, 2009 But these are just two examples of how watchmakers have turned their passion for their craft into trying to help find a solution for Duchenne muscular dystrophy, a genetic illness that affects one in 3,500 boys. The watches are part of a series of 34, mostly Swiss brands that will be auctioned on September 24…

Human rights on agenda of Russian leader’s visit

This content was published on Sep 18, 2009 Talks during the two days will focus on bilateral relations, the post financial-crisis situation, G20 reform, Georgia and human rights. It will be the first time that a Russian head of state has visited Switzerland in the almost 200 years since the Swiss opened their first consulate in St Petersburg. An official ceremony at Zurich…

Stock exchange probing UBS

This content was published on Sep 18, 2009 The SIX Exchange Regulation said on Friday that it had started an investigation into breaches of the ad hoc publicity directive, from the end of 2007 to the end of 2008. It is also looking into possible violations of the corporate governance directive in connection with the UBS 2008 annual report. The bank did not…

Swiss banks propose global tax collection service

This content was published on Sep 17, 2009 The system would improve on the current withholding tax agreement which Switzerland has with the European Union. The SBA believes the plan, although “complicated and costly”, is the best way of preserving banking secrecy. Switzerland has come under fire from several countries in recent months, complaining that secrecy and the failure to accept tax evasion…

Swiss entrepreneurs revive a Russian tradition

This content was published on Sep 17, 2009 After the Russian revolution of 1917 most of those who could do so returned home, but since the end of the Cold War at the beginning of the 1990s the Swiss have started to move back. Relations between Switzerland and Russia have rarely been better than they are now: the Russian president, Dmitri Medvedev, who…

Media merger given the green light

This content was published on Sep 17, 2009 Zurich-based Tamedia will take over the Swiss branch of Edipresse, the leading media group in French-speaking Switzerland. The Commission found the merger did not pose a threat to the market and that there was no room in the long run for two free French-language dailies. Edipresse is publisher of Le Matin Bleu, a scaled-down version…

A little more light at end of Gotthard tunnel

This content was published on Sep 16, 2009 The tunnel boring machine broke through the last metres of rock between Erstfeld and Amsteg at the northern end. The breakthrough occurred about half a year ahead of schedule. The machine took only 18 months to bore through 7.2 kilometres.The tunnel contains two tubes. Wednesday’s breakthrough was on the western tube; the eastern one was…

Council of Europe attacks racism in Switzerland

This content was published on Sep 16, 2009 A report highlights problems of direct racial discrimination in gaining access to employment, housing, goods and services. The victims are mainly Muslims and originate from the Balkans, Turkey and Africa. The findings published on Tuesday in a report compiled by the European Commission against Racism and Intolerance (ECRI), chart the progress made by Switzerland in…

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Archive – Banking & Fintech

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Archive – Banking & Fintech

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Foreign firms rank stability higher than tax

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Rest stop

More

Watch out for the barbed wire and the butterfly

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Human rights on agenda of Russian leader’s visit

More

Stock exchange probing UBS

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Swiss banks propose global tax collection service

More

Swiss entrepreneurs revive a Russian tradition

More

Media merger given the green light

More

A little more light at end of Gotthard tunnel

More

Council of Europe attacks racism in Switzerland

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