Archive – Banking & Fintech

Much talk and cautious optimism at WEF

This content was published on Jan 28, 2008 Most papers are generally positive about the meeting in the Swiss mountain resort, although financial crisis was the talk of the town. The reputable Neue Zürcher Zeitung newspaper said ongoing issues, including the problems in global credit markets and the weak United States economy, had failed to overshadow a positive political agenda. The Basler Zeitung…

It’s off to network we go

This content was published on Jan 27, 2008 Patrick Aebischer, president of the Federal Institute of Technology in Lausanne, and Christophe Beck, vice-president of Ecolab, a US-based sanitation supply multinational, share their experiences and observations of the past week. swissinfo: What will you remember from the WEF meeting this year? Patrick Aebischer: Two things. First the general aspect of collaboration between the various…

Credit Suisse to cut 500 jobs

This content was published on Jan 26, 2008 Switzerland’s second-largest bank added that it also planned to hire several hundred people this year in areas expected to show revenue growth, including global securities, emerging markets, commodities and derivatives. “Due to market conditions and projected staffing levels required to meet client needs, we are reducing headcount by about 500 across the investment banking division,…

What the future holds for Wikipedia

This content was published on Jan 25, 2008 Devouard visited the World Economic Forum in Davos, where she told swissinfo about the work of the foundation and plans for the development of the online encyclopedia. The Wikimedia Foundation oversees the growth of all the wiki products, of which the best known is the Wikipedia collaborative encyclopedia. It also owns the servers which host…

ABB supports green energy research

This content was published on Jan 25, 2008 The five-year, $5 million (SFr5.45 million) collaboration with the Massachusetts Institute of Technology Energy Initiative (MITEI) will cover fields such as nanofluids and intelligent robotics. In addition, ABB will have a seat on the institute’s governing board and will support ten graduate fellowships as well as finance a special fund for innovative early stage energy…

Iconic investor boosts Swiss Re

This content was published on Jan 24, 2008 Berkshire will assume 20 per cent of Swiss Re’s property and casualty exposure over the next five years as part of the deal. Shares have continued to rise on the back of Wednesday’s announcement. The Zurich-based reinsurer announced in November that it would have to write down SFr1.2 billion ($1.1 billion) related to United States…

Economic turmoil could have impact on Africa

This content was published on Jan 24, 2008 Ngozi Okonjo-Iweala, the former Nigerian foreign and finance minister, talks to swissinfo on the sidelines of the World Economic Forum’s annual meeting in Davos. swissinfo: With stockmarkets in turmoil and given the state of the American economy, are you worried about the impact on developing nations? Ngozi Okonjo-Iweala: Yes, I am worried. I sincerely hope…

The public eye is on Davos

This content was published on Jan 23, 2008 The message from non-governmental organisations Berne Declaration and Pro Natura (Friends of the Earth Switzerland) to the elite is clear – equitable globalisation requires more corporate responsibility. The two NGOs have made the southeastern Swiss resort a venue to air their concerns about what they consider irresponsible corporations, which receive anti-awards (Public Eye) for “particularly…

Lonza reports profit jump in 2007

This content was published on Jan 23, 2008 Earnings before interest and tax grew by 36 per cent to SFr408 million, exceeding analysts’ expectations, and Lonza reported a strong improvement in cash flow. This performance represents a significant strengthening of Lonza’s ability to generate further sustainable growth, a company statement said. The company said its revised growth strategies for the Bioscience, Nutrition Ingredients…

Biotech industry charms investors

This content was published on Jan 23, 2008 Executives from the biotech and pharmaceutical industries joined investors and researchers in Geneva on Tuesday for the start of the seventh annual BioData conference in Geneva. The regional two-day event, the largest of its kind in Switzerland, provides a unique opportunity for young, innovative start-ups from the Lake Geneva and Franco-Swiss Rhône Alps regions to…

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Archive – Banking & Fintech

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Archive – Banking & Fintech

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Much talk and cautious optimism at WEF

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It’s off to network we go

More

Credit Suisse to cut 500 jobs

More

What the future holds for Wikipedia

More

ABB supports green energy research

More

Iconic investor boosts Swiss Re

More

Economic turmoil could have impact on Africa

More

The public eye is on Davos

More

Lonza reports profit jump in 2007

More

Biotech industry charms investors

Popular Stories

Most Discussed