Banking & Fintech

Swiss release more details over EFTA – Mercosur deal

This content was published on Aug 24, 2019 EFTA countries, which include Switzerland, have secured a deal with the south American common market Mercosur.

French authorities ask public to find parts of Swiss plane engine

This content was published on Aug 23, 2019 France’s aviation safety body has called on the public to assist in the recovery of engine parts of a Swiss International Airlines plane.

Many Swiss private banks facing ‘extinction’

This content was published on Aug 22, 2019 A study of 87 private banks by consultants KPMG and the University of St Gallen says that 34% were “weak” performers in 2018. That’s a 50% increase from 2017. More than half of this category operated at a loss last year, the report says. The number of “strong” performers fell from 26 banks in 2017…

Why a Swiss private bank is embracing blockchain

This content was published on Aug 22, 2019 Swiss private bank Maerki Baumann is adopting a niche role of servicing blockchain companies and crypto enthusiasts.

Swiss food-waste pioneer wins CHF200,000 prize

This content was published on Aug 21, 2019 This year’s CHF200,000 J.E. Brandenberger Foundation prize has been awarded to Yvonne Kurzmeyer, founder of the food bank Schweizer Tafel.

Electronic challenge to cash grows in Switzerland

This content was published on Aug 21, 2019 These are the findings of the latest annual Swiss Payment MonitorExternal link that asks 1,000 people exactly how they part with their hard-earned money. The results show more people using contactless debit cards – 54% compared with 34% last year. Contactless debit cards were introduced in Switzerland in 2015 and now account for 71% of…

Swiss research shows cow breed influences vegetation diversity

This content was published on Aug 19, 2019 Vegetation composition in pastures varies depending on the breed of cow that is grazing on it, according to a Swiss-led research study.

Gotthard tunnel closed due to accident

This content was published on Aug 19, 2019 The transalpine tunnel in central Switzerland is closed to traffic at both ends due to an accident on Monday afternoon.

Domestic manufacturers contribute to “High Price” Switzerland

This content was published on Aug 18, 2019 The Schweiz am WochenendeExternal link newspaper on Sunday showed that it is not just foreign exporters who are charging more for their products in Switzerland. Swiss counterparts, such as Lindt & Sprüngli, dairy producer Emmi and potato snack manufacturer Zweifel, are also more expensive. Thomy mayonnaise is nearly 90% dearer in Switzerland than in Germany,…

Switzerland mulls honorary citizenship for WEF founder Schwab

This content was published on Aug 18, 2019 According to the newspaper, Maurer has asked his Swiss cabinet colleagues to consider conferring the honour on the German citizen. This would be an unusual move as Switzerland has no tradition of awarding national titles or awards. The idea is reportedly being supported by the canton of Graubünden, which has hosted WEFExternal link’s flagship event…

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