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Switzerland: still a top destination for firms?

This content was published on Aug 10, 2015 Despite Switzerland still being attractive to international investors, tax reforms and immigration policies are creating uncertainty.

‘Defeatism’ is destabilising state, warns Swiss minister

This content was published on Aug 9, 2015 The increasing lack of compromise in Swiss politics and criticism of political institutions is having a damaging effect on the system, warns Swiss Finance Minister Eveline Widmer-Schlumpf.

The pioneers who made science a national concern

This content was published on Aug 7, 2015 The Swiss Academy of Science has a 200-year legacy - both in Switzerland and the scientific world - and it all started with some very odd rocks.

More Swiss banks settle tax evasion probe with US

This content was published on Aug 6, 2015 The foundation for the agreements was the programme that Swiss banks signed up to with the US Department of Justice in August 2013. It separated banks into different categories depending on the level of US tax evasion believed to exist within their accounts. Banks such as UBS and Credit Suisse were in category one, the…

Poland allows conversion of franc mortgages

This content was published on Aug 6, 2015 The law will affect around half a million Poles who took out loans several years ago, before the franc soared in January this year. Many mortgage holders were left struggling to repay their debts, valued at some 144 billion zlotys (CHF37 billion). The legislation will allow people living in apartments and houses no larger than…

GPS instead of a bell

This content was published on Aug 5, 2015

Swiss property market soars dangerously high

This content was published on Aug 4, 2015 The property market in Switzerland, which is moving ahead while the economy shrinks, is facing the greatest threat of an economic bubble since 1991, according to UBS.

Europe’s banks should look for a structurally coherent business mix

This content was published on Aug 4, 2015 Their investment banks, it turns out, are not just capital-hungry monsters whose main contribution is high costs and a steady stream of misconduct fines. They can actually be coaxed into producing a decent return, given the right sorts of conditions (such as strong markets and enough volatility). Profits at Barclays’ investment bank, for example, rose…

Trader guilty of Libor rate rigging

This content was published on Aug 3, 2015 Hayes, who was employed at UBS in Tokyo, before taking a job briefly at Citigroup, was convicted by Britain’s Serious Fraud Office (SFO) on eight counts of conspiracy for manipulating the rate. A judge sentenced him to 14 years in jail. During the trial, Hayes was portrayed as the ringleader of an international team of…

Using nature to fight pests

This content was published on Aug 3, 2015 Biovision operates in five African countries with a goal of spreading information on sustainable and ecological agriculture. Biovision was founded in 1998 by Swiss entomologist Hans Rudolf Herren. In the 1980’s he had managed to avert a famine in Africa by eradicating the mealybug, a crop pest that threatened cassava plants. Herren discovered a non-chemical…

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