Archive – Banking & Fintech

Swiss Sharia bank courts Gulf petrodollars

This content was published on Oct 9, 2006 The Faisal Private Bank, which opened its doors for business in Geneva last week after being granted a Swiss banking licence, will be the first in Switzerland to operate according to Sharia principles. Until now, there have been limited investment options for wealthy Arabs wanting to invest in Switzerland in accordance with Islam. The Faisal…

Swiss help with quake reconstruction efforts

This content was published on Oct 8, 2006 One year on, Swiss aid workers are battling to help survivors rebuild their lives, focusing on the reconstruction of permanent homes, schools and healthcare centres, while facing the prospect of a difficult winter ahead. The 7.6-magnitude earthquake on October 8, 2005, ripped through northwest Pakistan and Pakistani Kashmir, killing 88,000 people, injuring 100,000 and rendering…

Leuthard puts focus on Swiss competitiveness

This content was published on Oct 8, 2006 The election in June of the then president of the Christian Democratic Party led to hopes for a breath of fresh air in the seven-member Swiss government. swissinfo: You have been a member of the government for just over two months. How would you describe this time as economics minister? Doris Leuthard: I first wanted…

Brussels’s man in Bern prepares for new role

This content was published on Oct 7, 2006 Europe’s first ambassador to Switzerland talks to swissinfo about his new mission, which will involve clearly explaining to Brussels the ongoing political climate in Switzerland. swissinfo: What excites you most about your new position as the first European Commission head of delegation to Switzerland? Michael Reiterer: It’s a real challenge to be able to build…

Married couples to enjoy tax breaks

This content was published on Oct 5, 2006 Under the new measures, in cases where both husband and wife work, up to a maximum of SFr12,500 ($9,975) of their joint income will be tax deductible. An additional tax allowance of SFr2,500 will be granted to all married couples to prevent new tax differences between households with two wage earners and those with just…

Chefs’ Cup

This content was published on Oct 5, 2006

Swiss adopt new EU air luggage rules

This content was published on Oct 5, 2006 The Federal Civil Aviation Office said the new Europe-wide security measures adopted on Thursday should come into force from November, while stricter limits governing the size of hand luggage will enter into force in six months’ time. The new regulations allow passengers to carry on small toiletry items such as toothpaste, contact lens solution and…

A REX peeler lies on a table during home economics class at the schoolhouse am Weiher in the canton of St. Gallen.

Rex the peeler is king of the kitchen

This content was published on Oct 5, 2006 Its popularity is undisputed and the little handy vegetable economy peeler has even found its way onto a Swiss postage stamp. But the future of the Zena company that makes Rex is not going to be easy as it is fighting against falling prices, increasing competition from abroad and a succession problem. While you might…

Experts predict better economic outlook

This content was published on Oct 5, 2006 The forecast confirms those of other leading Swiss economic forecasters, who are all counting on a better than expected increase in Switzerland’s Gross Domestic Product. KOF’s experts said on Thursday that the economy would grow by 2.1 per cent next year, while the rate would slip to 1.5 per cent in 2008 as momentum from…

Executive pay comes under the spotlight

This content was published on Oct 3, 2006 However the report into Swiss compensation practices calls for more transparency and independent procedures. The study found that chief executives at Switzerland’s top 500 firms, excluding banks and insurance companies, earned on average SFr657,000 ($528,000) a year once the two highest earners were removed from the equation. Board chairmen received SFr300,000. Co-author Professor Peter Leibfried…

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Archive – Banking & Fintech

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Archive – Banking & Fintech

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Swiss Sharia bank courts Gulf petrodollars

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Swiss help with quake reconstruction efforts

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Leuthard puts focus on Swiss competitiveness

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Brussels’s man in Bern prepares for new role

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Married couples to enjoy tax breaks

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Chefs’ Cup

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Swiss adopt new EU air luggage rules

More

Rex the peeler is king of the kitchen

More

Experts predict better economic outlook

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Executive pay comes under the spotlight

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