Archive – Banking & Fintech

Ban Ki-moon calls for food aid

This content was published on Apr 29, 2008 Ban appealed to the international community to address the issue after a closed-door meeting in Bern on Tuesday attended by the heads of 27 UN agencies and organisations. “Without these funds we risk the spectre of famine, malnutrition and unprecedented social uprising,” he said. It follows calls by the UN special rapporteur on the right…

Visit aims to boost India business links

This content was published on Apr 29, 2008 The trip marks the 60th anniversary of Switzerland and India’s Treaty of Friendship and Establishment, the economics ministry said on Tuesday. Representatives of 25 firms are accompanying the minister on the five-day visit. Leuthard will hold talks in Delhi with her Indian counterpart Kamal Nath, finance minister Palaniappan Chidambaram and science and technology minister Kapil…

Broadcaster paints the balance sheet red

This content was published on Apr 28, 2008 Director-general Armin Walpen cited difficulties in generating additional revenue as the cabinet rejected an increase in licence fees. The company board on Monday also announced a review of the corporation’s governance and management structures in line with a request by the government. The public broadcaster said that operating income had risen 1.5 per cent to…

Montreux Jazz Festival heads to airports

This content was published on Apr 27, 2008 Planned locations for the cafés include Geneva, Zurich, New York, Los Angeles, Hong Kong and Sydney. Nobs told the Sonntag newspaper that each location will be able to cater for 150 customers, and will include space for small concerts as well as a selection of music and other items branded with the Montreux name for…

ABB looks to hire 20,000

This content was published on Apr 27, 2008 The firm’s financial director and interim CEO Michel Demaré told the NZZ am Sonntag newspaper that Switzerland would be among the beneficiaries of the job drive. Last year alone, the Zurich-based company created 480 new Swiss positions and employed 111,000 people in 100 countries. Demaré called on young Swiss to learn engineering skills as job…

Swissair creditors get some cash back

This content was published on Apr 26, 2008 Karl Wüthrich wrote in a circular released on Saturday that the sum was equivalent to 5.3 per cent of the funds owed. Further payments are expected in the coming months, although the total shall probably not exceed 14.3 per cent of the debts of SAirGroup, the airline’s parent company. Former employees have already received all…

Central bank head wants end to unjustified pay

This content was published on Apr 25, 2008 Jean-Pierre Roth said financial institutions had to correct what he termed the excesses in their pay, adding that it was “time for answers” to a long debate on the issue. He said the banks that had been buffeted by the current financial storm had to take a careful look at the ways they applied corporate…

EU labour deal “has been positive”

This content was published on Apr 25, 2008 The State Secretariat for Economic Affairs (Seco) said in a report that there had been no negative effects on salary levels and employment, as widely feared. These findings come ahead of a special parliamentary debate on the extension of the accord to the EU’s newest members – Romania and Bulgaria – on Monday. The report,…

Youth hostels see higher demand in 2007

This content was published on Apr 25, 2008 In its study of annual tourism results, the Federal Statistics Office also reported that the country’s 279 camping sites recorded 2.8 million nights. It said Swiss visitors accounted for more than half of the stays – 58 per cent in hostels and 52 per cent in camping sites. The Statistics Office noted that people spent…

Financial market adapts to challenges

This content was published on Apr 24, 2008 The Swiss Financial Center Watch (SFCW) says banking and insurance has scaled back while specialist firms have expanded. The financial sector is more important to the economy than in the United States or Britain, it added. Five years of research on the evolving nature of the Swiss financial market was presented in Zurich on Thursday.…

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Archive – Banking & Fintech

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Archive – Banking & Fintech

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Ban Ki-moon calls for food aid

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Visit aims to boost India business links

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Broadcaster paints the balance sheet red

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Montreux Jazz Festival heads to airports

More

ABB looks to hire 20,000

More

Swissair creditors get some cash back

More

Central bank head wants end to unjustified pay

More

EU labour deal “has been positive”

More

Youth hostels see higher demand in 2007

More

Financial market adapts to challenges

Popular Stories

Most Discussed