Archive – Banking & Fintech

“Football widows” give Swiss hunks thumbs up

This content was published on Apr 29, 2006 A video clip featuring topless male models posing as traditional Swiss workers has been downloaded around 100,000 times from the Swiss tourist board website and e-mailed around the world. Viewers watching the 2005 Mr Switzerland, Renzo Blumenthal, milking a cow are told that Switzerland is “a country where men spend less time on football and…

Berlusconi family Swiss house plans cause stir

This content was published on Apr 28, 2006 The house, in the alpine village of S-chanf in canton Graubünden, belongs to Berlusconi’s mother-in-law, Flora Bartolini, who says she cannot understand what the fuss is about. Bartolini, the mother of Berlusconi’s wife Veronica Lario, acquired the imposing residence – a former bank – in the beautiful southeastern Engadine region in 2004. It is said…

“Super bank” must evolve to flourish

This content was published on Apr 28, 2006 Credit Suisse’s proposed new consolidated private bank is aimed at attracting more wealthy clients. But according to an expert, the bank must build up outposts in Asia if it is to achieve this aim. The new enterprise will take its name from the two largest institutions to be merged, Bank Leu and Clariden Bank. Securities…

Sun continues to shine at central bank

This content was published on Apr 28, 2006 Jean-Pierre Roth, the bank’s president, announced on Friday that the bank would pursue its policy of hiking official interest rates. “The inflation forecast we published in March clearly indicates that the current interest rate level is incompatible with long-term price stability,” Roth said at the central bank’s annual shareholder meeting. “Consequently we will continue to…

Public debt continues to rise

This content was published on Apr 28, 2006 The country’s debt climbed past SFr130 billion ($104 billion) after the authorities paid in advance for railway projects and pension funds. The loss was only SFr121 million, instead of the SFr1.8 billion anticipated in the budget, due mainly to extra revenue and budget cuts. Government revenue was actually over SFr500 million more than the budget…

Gay travel in Switzerland – an expert’s view

This content was published on Apr 26, 2006 In 2005 Roth’s gay tourism market research company analysed more than 24,000 responses from a survey of gay and lesbian consumers in the United States and Britain. “Gays are resilient travellers,” he said. “In 2001/2 when the world was gripped by terrorist attacks and Sars [the pneumonia virus], everybody put the brakes on travel –…

Free-trade negotiations in Geneva falter

This content was published on Apr 26, 2006 But Luzius Wasescha told swissinfo that despite the missed deadline, the Doha round of trade liberalisation talks could still be completed on schedule by the end of the year. Wasescha’s comments came as the WTO called off a meeting of trade ministers planned for the beginning of May. “We have to be realistic: the ingredients…

Serono gets capital boost

This content was published on Apr 25, 2006 After abandoning plans to find a buyer for the firm, Serono had announced it was seeking a war chest to plug gaps in its product pipeline. Shareholders approved the move on Tuesday at their annual general meeting, although it was a foregone conclusion. The family of chief executive Ernesto Bertarelli owns 62 per cent of…

Foreign trade rides the crest of a wave

This content was published on Apr 25, 2006 Exports as a whole rose by a real 15.3 per cent in March to SFr15.14 billion ($11.93 billion), the Federal Customs Office reported on Tuesday. Imports went up by a real 9.7 per cent to SFr14.30 billion. Overall, the country ran a merchant trade surplus of SFr836.4 million. Swiss foreign trade was in excellent shape…

Stars turn out to help farmers transform image

This content was published on Apr 24, 2006 The trio of stars, together with business leaders, appeared in Zurich on Monday to launch a campaign that dispels negative stereotypes by showcasing farmers as entrepreneurs and ecologists. Their faces will help the urban Swiss identify more with the farming community during the ongoing campaign, organisers said. The farming sector has been on the decline…

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Archive – Banking & Fintech

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Archive – Banking & Fintech

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“Football widows” give Swiss hunks thumbs up

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Berlusconi family Swiss house plans cause stir

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“Super bank” must evolve to flourish

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Sun continues to shine at central bank

More

Public debt continues to rise

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Gay travel in Switzerland – an expert’s view

More

Free-trade negotiations in Geneva falter

More

Serono gets capital boost

More

Foreign trade rides the crest of a wave

More

Stars turn out to help farmers transform image

Popular Stories

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