Archive – Banking & Fintech

Credit Suisse cautiously optimistic

This content was published on May 16, 2008 He warned of short-term dangers ahead in financial markets but added he was optimistic about the outlook of Switzerland’s second largest bank. Credit Suisse posted a disappointing profit of SFr7.8 billion ($7.1 billion) after suffering losses from the subprime loans turmoil. But the group has emerged less damaged than its rival, UBS. Dougan said the…

State regulators warned off banking industry

This content was published on May 15, 2008 Speaking at the annual conference organised by university students, the Swiss banker blamed poor supervision of the United States housing market rather than greedy bankers for the subprime mortgage crash. Ackermann’s comments on Thursday coincided with a public broadside from German President Horst Köhler calling for “more severe and efficient regulation”. In an interview with…

Trade ties with South Africa get a boost

This content was published on May 15, 2008 The Swiss-South African venture was set in motion on Thursday as part of Mpahlwa’s two-day official visit to the Swiss capital. “This is a platform that will help us to meet on a regular basis our South African partners – representatives from not only the government but also the business community,” Monika Rühl Burzi, head…

Consumers losing confidence

This content was published on May 15, 2008 The government’s quarterly consumer sentiment index dropped to +2 points in April, compared with +14 points in January, the State Secretariat for Economic Affairs (Seco) said on Thursday. The level remains above the long-term average of -8 points between 1972 and 2008. It reached a high of +25 points in 2001. Indicators for the index…

Maieriisli lüüted liisli. 24 Mundartlieder vom Andrew Bond.

This content was published on May 15, 2008

Competitive Switzerland climbs world ladder

This content was published on May 15, 2008 The World Competitiveness Yearbook, released on Thursday by the Lausanne-based business school IMD, rates Switzerland first in Europe and fourth in the world – behind the United States, Singapore and Hong Kong. The ranking is an improvement over last year, when Switzerland placed sixth. A competitiveness study released by the World Economic Forum in late…

Ambushers lie in wait for Euro 2008 sponsors

This content was published on May 14, 2008 A few large firms have paid millions to have their brand associated exclusively with the tournament, but rivals employing so-called “ambush marketing” are challenging that investment. Ambush marketing is the practice of using large events to promote products without paying the organisers. Once confined to a few rogue multi-nationals attempting to pass off as official…

Bankruptcy rate stays above 10,000

This content was published on May 14, 2008 This is the fourth year in a row that the 10,000 mark has been breached. The losses issuing from bankruptcies rose by 11 per cent to SFr3.4 billion ($3.2 billion), according to the Federal Statistics Office. However this sum is well below the record amount of SFr4.7 billion recorded in 2004. In 2007 almost 2.5…

Vekselberg victor in Oerlikon power struggle

This content was published on May 13, 2008 Vekselberg’s holding company Renova holds a 39 per cent stake in the company after striking a deal with Austrian investors Ronny Pecik and Georg Stumpf. Stumpf stood down as chairman on Tuesday. The company, best known for its industrial coatings and solar activities, has been troubled by boardroom turbulence since a hostile takeover by Pecik…

Welfare rolls expand slightly

This content was published on May 13, 2008 Government figures indicate that more than 245,000 people, or 3.3 per cent of the population (3.2 per cent in 2005), received financial assistance that year. The rate stagnated or declined slightly in many cantons. The statistics office said that the improved economy and job prospects had had an impact on welfare. But it added that…

Page 772 of 1641

First … 770 771 772 773 774 … Last

Archive – Banking & Fintech

Popular Stories

Most Discussed

Archive – Banking & Fintech

More

Credit Suisse cautiously optimistic

More

State regulators warned off banking industry

More

Trade ties with South Africa get a boost

More

Consumers losing confidence

More

Maieriisli lüüted liisli. 24 Mundartlieder vom Andrew Bond.

More

Competitive Switzerland climbs world ladder

More

Ambushers lie in wait for Euro 2008 sponsors

More

Bankruptcy rate stays above 10,000

More

Vekselberg victor in Oerlikon power struggle

More

Welfare rolls expand slightly

Popular Stories

Most Discussed