Banking & Fintech

UBS says Swiss economy will pick up in third quarter

This content was published on Jul 6, 1999 Switzerland’s largest bank UBS on Tuesday forecast that Swiss industry would pick up slightly in the third quarter, following a dull spell which had been more pronounced than expected. In its quarterly survey of 300 industrial firms, UBS said economic growth in the second quarter slowed down to 0.6 percent. The bank forecast that GDP…

Switzerland, Brazil pledge to improve trade relations

This content was published on Jul 6, 1999 Visiting Swiss Economics Minister Pascal Couchepin (l) and Brazilian President Fernando Henrique Cardoso said they would work toward the swift implementation of an investment protection agreement and pursue the possibility of giving Switzerland’s national airline Swissair greater access to the Brazilian market. Couchepin, who was paying a weeklong visit to Brazil accompanied by a delegation…

Banking ombudsman receives more complaints

This content was published on Jul 5, 1999 Banking ombudsman Hanspeter Häni said complaints received by his office increased by 30 percent in 1998 – partly because of the increasing complexity of banking services. The office received 1,180 complaints. Addressing a news conference in Zurich, Häni said last year he had been able to concentrate on his core activity of providing a point…

Swiss Economics Minister Couchepin on official visit to Brazil

This content was published on Jul 5, 1999 Swiss Economics Minister Pascal Couchepin was to meet top government leaders in Brasilia on Monday as part of a week-long visit aimed at boosting economic relations between Switzerland and Brazil. Couchepin was expected to hold talks with Brazilian President Fernando Henrique Cardoso, Finance Minister Pedro Sampaio Malan as well as Trade, Industry and Development Minister…

Ombudsman urges Swiss to be more careful about personal data

This content was published on Jul 5, 1999 The Federal Data Protection Commissioner on Monday urged people in Switzerland to be more careful about releasing personal data, saying advertising companies and Internet websites were often using these data for their own ends. “I remind people to be more responsible” about protecting their personal data, said Odilo Guntern in presenting his annual report. He…

Swiss employers want crackdown on illegal employment

This content was published on Jul 1, 1999 The Small Traders’ and Artisans’ Association, one of Switzerland’s main employer organisations, on Thursday called for a crackdown on illegal employment or moonlighting. It said such work was costing the state billions of Swiss francs in lost taxes and welfare contributions and made a mockery of honest workers. The association made the call at a…

Switzerland cuts import duties on foreign spirits

This content was published on Jul 1, 1999 Import duties on foreign spirits in Switzerland were cut dramatically on Thursday, in a move that brought import taxation into line with European Union policy. The cut in import duties was expected to lead to lower consumer prices for foreign spirits, even though estimates differed as to how much prices would go down. The Berner…

EU duty-free shopping ends, Switzerland continues

This content was published on Jul 1, 1999

Report: global insurance survey shows booming life business

This content was published on Jun 30, 1999 The Swiss Reinsurance company of Zurich reported this week that world insurance in 1997 showed a booming life business but stagnating non-life business. In a study of markets in 86 countries — the most comprehensive analysis of the global insurance industry — Swiss Re says that worldwide premium volume rose to $2129 billion from $2016…

Swiss economics minister calls for further reforms

This content was published on Jun 30, 1999 The Swiss Economics Minister Pascal Couchepin — backed by the State-Secretary in the ministry, David Syz (l) — on Wednesday called for energetic reforms to improve the growth of Switzerland’s economy. Presenting the guidelines of his economic programme for the next four years on the shores of Lake Biel, Couchepin told journalists he wanted the…

Banking & Fintech

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Banking & Fintech

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UBS says Swiss economy will pick up in third quarter

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Switzerland, Brazil pledge to improve trade relations

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Banking ombudsman receives more complaints

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Swiss Economics Minister Couchepin on official visit to Brazil

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Ombudsman urges Swiss to be more careful about personal data

More

Swiss employers want crackdown on illegal employment

More

Switzerland cuts import duties on foreign spirits

More

EU duty-free shopping ends, Switzerland continues

More

Report: global insurance survey shows booming life business

More

Swiss economics minister calls for further reforms

Popular Stories

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