Archive – Banking & Fintech

Swiss celebrity chef reaches for the stars

This content was published on Aug 5, 2007 Adam is not yet 30 but he has already established himself in Switzerland and has just opened a restaurant in Ascona, in Italian-speaking Ticino. He has won several international competitions, including gold medals at the world cooking championships. Like Britain’s Jamie Oliver, Adam has also tried to get the healthy-eating message across to young people.…

Franz speaks out against flight restrictions

This content was published on Aug 4, 2007 Voters in canton Zurich will cast their ballots this autumn on a people’s initiative proposing a limit on the number of flights at Switzerland’s largest airport. Zurich Kloten is Switzerland’s only hub airport that plays a major role not only for passenger traffic but also for freight shipments. Its future role is closely linked with…

Health Alert!

This content was published on Aug 3, 2007 But even before that, experts had surmised that next to the Iraq war and perhaps immigration, healthcare problems would figure prominently in next year’s election campaigns. After watching the movie, one would certainly hope so. Michael Moore’s critical approach, involving comparisons of health protection in France, Britain, Canada, and Cuba, came in for some outraged…

Private hospital group sold abroad

This content was published on Aug 2, 2007 Hirslanden said they welcomed the SFr2.846 billion ($2.36 billion) deal, adding that it would help boost the group’s standing in Switzerland. “The management of the Hirslanden group… believe the merger of the two groups will support their strategy of continued investment in the group’s position as Switzerland’s leading provider of private acute healthcare,” said a…

Credit Suisse boss commits to One Bank vision

This content was published on Aug 2, 2007 As the bank announced strong second-quarter results on Thursday, Dougan said he is also committed to improving operational efficiency during a time of turbulence in the sector. Credit Suisse dramatically cut its exposure to the US subprime mortgage market – lending to borrowers with bad credit ratings – after being among a number of financial…

Profits surge at Credit Suisse

This content was published on Aug 2, 2007 The results, above analysts’ expectations, were boosted by record income from securities’ trading and higher fees from managing wealthy clients’ assets. Switzerland’s second-largest bank said on Thursday pre-tax income from its investment banking unit rose 94 per cent to SFr2.5 billion in the second quarter compared with SFr1.29 billion for the same period a year…

Speed limits fail to reduce ozone levels

This content was published on Aug 2, 2007 According to the latest research, there is no correlation between speed and the presence of ozone in the air. Ticino and Graubünden were the first cantons to introduce speed limits on certain stretches of motorway in August 2003 as Europe suffered from an unprecedented heatwave, which in Switzerland caused almost 1,000 additional deaths. At that…

Firms failing to plan boardroom handovers

This content was published on Jul 31, 2007 The study’s authors conclude that many managers have difficulty plotting the end of their own careers. The findings come against the backdrop of a number of recent high profile executive handovers in large Swiss companies. The study conducted by the Zurich University of Applied Sciences and recruitment consultancy Roy C Hitchman looked at the succession…

Dioxin found in Swiss food thickener

This content was published on Jul 30, 2007 The recalls follow quality controls by a Czech laboratory and a German company that revealed high levels of dioxin well above European Union standards in an additive made from guar gum produced and exported by the Swiss firm. According to the Tages-Anzeiger newspaper of Zurich, between 12 and 156 picograms of dioxin per gram of…

Canepa to quit as Nobel Biocare boss

This content was published on Jul 30, 2007 Canepa, who has been credited with building the company into the world’s leading maker of dental implants, will be replaced by former Syngenta executive Domenica Scala on September 1. Nobel Biocare said the succession had been planned a year ago so that the handover could be “executed in time and in a position of strength”.…

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Archive – Banking & Fintech

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Archive – Banking & Fintech

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Swiss celebrity chef reaches for the stars

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Franz speaks out against flight restrictions

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Health Alert!

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Private hospital group sold abroad

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Credit Suisse boss commits to One Bank vision

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Profits surge at Credit Suisse

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Speed limits fail to reduce ozone levels

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Firms failing to plan boardroom handovers

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Dioxin found in Swiss food thickener

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Canepa to quit as Nobel Biocare boss

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