Banking & Fintech

Holocaust asset claimants a step closer to restitution

This content was published on May 5, 2000 Switzerland’s two biggest banks, UBS and Credit Suisse, are hoping to get final approval this month on an apparent compromise deal reached with a United States judge. They are reportedly proposing to provide access to at least two million Nazi-era accounts, half the number requested by an independent commission. Once this issue is resolved, agreement…

Swiss Federal Railways on the right track

This content was published on May 5, 2000 At a news conference in Zurich, the management of the Federal Railways announced on Friday that staff would receive a one-time bonus payment of SFr1,000. “After several years of decline, recovery in passenger and goods traffic, together with lower costs for staff and infrastructure than planned, have led to a result which is clearly better…

Lovebug hits businesses where it hurts

This content was published on May 5, 2000 A user who opens an attachment on the e-mail unwittingly unleashes the virus, which then proceeds to send itself to all e-mails listed in the user’s address book. The resulting data overload leads to documents being lost or over-written. In Switzerland, the German-language television broadcaster, DRS, the telecommunications firm, Swisscom, and the supermarket chain Migros…

SAir welcomes sale of Air Liberté

This content was published on May 5, 2000 Taitbout Antibes bought the shareholding for SFr125 million. Taitbout is a subsidiary of Marine Wendel and Group Alpha which, together with the SAir Group, own the French airline AOM and also possess a stake in another French domestic airline, Air Littoral. SAir and its French partners see a large potential for synergies between the three…

Literature goes digital at Geneva Book Fair

This content was published on May 5, 2000 Currently, there are only two kinds of e-book on the market – the Rocket e-Book and the Softbook – and they are only available in the United States. But later both will be launched in Europe, along with the first European-produced e-book, made by the French firm Cytale. The current generation of e-books weigh around…

Holocaust asset claimants a step closer to restitution

This content was published on May 5, 2000 Switzerland’s two biggest banks, UBS and Credit Suisse, are hoping to get final approval this month on a compromise deal reached with a United States judge. They are proposing to provide access to at least two million Nazi-era accounts, half the number requested by an independent commission. Once this issue is resolved, agreement on the…

Prominent Zurich financier killed in plane crash

This content was published on May 4, 2000 Müller-Möhl had just taken off from the Speck-Fehraltdorf airfield in canton Zurich and was heading towards Ticino, when the plane went down. He was travelling alone. It is not known what caused the crash. Müller-Möhl made a name for himself as an investor and large shareholder in many Swiss companies. He founded the Bank am…

Switzerland toasts EFTA on 40th anniversary

This content was published on May 4, 2000 In his keynote speech to Switzerland’s EFTA partners, Norway, Iceland and Liechtenstein, Couchepin said, “In a person’s life, a 40th birthday is an important milestone,” and took the opportunity to look at the 40-year-old organisation’s future. He said the single most important lesson to be learned from EFTA’s past was its “ability to transform itself…

Prominent Zurich financier killed in plane crash

This content was published on May 4, 2000 Müller-Möhl had just taken off from the Speck-Fehraltdorf airfield in canton Zurich and was heading towards Ticino, when the plane went down. It is not known what caused the crash. Müller-Möhl made a name for himself as an investor and large shareholder in many Swiss companies. He founded the Bank am Bellevue, and co-founded the…

Stock market merger leaves Zurich in cold

This content was published on May 3, 2000 The Zurich bourse has joined neither the London-Frankfurt axis or the Paris, Amsterdam, Brussels alliance. Leo Hug, spokesman for the Swiss Stock Exchange told swissinfo the bourse was not being inactive. “We have our options and we have our strategy, and we will communicate this as and when we have news.” The merger announcement between…

Banking & Fintech

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Banking & Fintech

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Holocaust asset claimants a step closer to restitution

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Swiss Federal Railways on the right track

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Lovebug hits businesses where it hurts

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SAir welcomes sale of Air Liberté

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Literature goes digital at Geneva Book Fair

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Holocaust asset claimants a step closer to restitution

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Prominent Zurich financier killed in plane crash

More

Switzerland toasts EFTA on 40th anniversary

More

Prominent Zurich financier killed in plane crash

More

Stock market merger leaves Zurich in cold

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