Banking & Fintech

US tourists flocking to Switzerland amid economic boom

This content was published on Aug 5, 2019 American visitors to Switzerland have increased by over 40% in five years, annual statistics show.

UBS plans negative interest rate for rich clients

This content was published on Jul 31, 2019 UBS plans to levy a negative interest rate on wealthy clients who deposit more than CHF 2 million with its Swiss bank.

Glencore suffers $350m hit as cobalt prices decline

This content was published on Jul 31, 2019 Glencore has taken a $350 million hit because of falling cobalt prices as the problems facing its African copper business continue to pile up.

Nestlé invests CHF99 million in factory expansion in Indonesia

This content was published on Jul 31, 2019 The Swiss food giant has announced plans to invest CHF99 million (around $100 million) to expand three factories in Indonesia.

How Swiss banks are bouncing back

This content was published on Jul 31, 2019 Banking secrecy is over, but Swiss banks are still managing to attract large flows of capital from other countries.

Facebook’s Libra and the scourge of hot money

This content was published on Jul 30, 2019 Facebook’s proposed cryptocurrency, Libra, would make it a lot easier for hot money to move around the world.

Switzerland’s first integrated crypto asset exchange launched

This content was published on Jul 30, 2019 Smart Valor, the country’s first integrated cryptocurrency exchange offering custody, trading and brokerage has gone live.

Swiss exoplanet telescope cleared for orbit

This content was published on Jul 29, 2019 A space telescope developed by Swiss researchers to observe distant planets has passed all tests and is ready to be launched into orbit end of the year.

Switzerland assists Japanese probe into Carlos Ghosn

This content was published on Jul 29, 2019 Canton Zurich’s public prosecutor is assisting the Japanese authorities in an inquiry related to bank accounts associated with Carlos Ghosn.

Visitors and exhibitors are seen gathering at the UBS booth

Federal Court approves UBS data transfer to France

This content was published on Jul 26, 2019 Swiss Federal Court has decided that Swiss bank UBS should handover data on its French clients to Paris tax authorities.

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Banking & Fintech

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Banking & Fintech

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US tourists flocking to Switzerland amid economic boom

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UBS plans negative interest rate for rich clients

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Glencore suffers $350m hit as cobalt prices decline

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Nestlé invests CHF99 million in factory expansion in Indonesia

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How Swiss banks are bouncing back

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Facebook’s Libra and the scourge of hot money

More

Switzerland’s first integrated crypto asset exchange launched

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Swiss exoplanet telescope cleared for orbit

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Switzerland assists Japanese probe into Carlos Ghosn

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Federal Court approves UBS data transfer to France

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