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Banks too big to fail, but not to jail

This content was published on May 8, 2014 On Monday, US Attorney General Eric Holder said no company was “too big to jail” and pledged to pursue any institution that breaks US laws. His comments sparked rumours that he was specifically referring to Credit Suisse, which is under investigation for alleged tax evasion offences. It has emerged that the bank has adapted its…

Fighter jet purchase remains up in the air

This content was published on May 7, 2014 Opponents of the Gripen are still 7% ahead of supporters, but those in favour of the purchase of the Swedish aircraft have succeeded in winning additional ground over the past month to bring them to 44% of the vote. About 5% are undecided. (For details see graphic below) “It will be tight. The grassroots of…

Swiss sign on to global bank information exchange

This content was published on May 6, 2014 “Switzerland welcomes the commitment of both the OECD members and non-members that hava a major financial centre,” a statement by the State Secretariat for International Financial Matters said on Tuesday. Singapore also signed on to the agreement on Tuesday, joining the OECD’s 34 members and 13 other countries in pledging to gather tax-related information from…

Future of rural doctors hinges on funding

This content was published on May 6, 2014 When he graduated from medical school some 40 years ago, Dr. Karl Haefele knew he wanted to work somewhere in the mountains. As he jokingly tells it, he took a Swiss map, closed his eyes, and threw an arrow at the centre – landing on Innertkirchen, a small community of just over 1,000 people in…

Controversial crane causes heavy lifting

This content was published on May 6, 2014 As a piece of work, the harbour crane is certainly eye-catching: 30 metres high and with a 36-metre long arm. Painted green, it is covered in patches of rust, testament to its almost 50 years of working life in the eastern German sea port of Rostock, over 1,000 kilometres away. It arrived in Zurich at…

Fighting over military jets in changing times

This content was published on May 5, 2014 Those expecting to see campaign history repeating itself these days have been waiting in vain and will most likely remain disappointed. There are no signs of colourful mass rallies ahead of the May 18 vote. The current campaign may appear unspectacular – even if it’s been shrill at times – compared with the shows of…

For trailing spouses, a move is about self-exploration

This content was published on May 5, 2014 On a Wednesday afternoon in April, Bern’s Rose Garden is a popular meeting place. Children play on the swings, teenagers relax on the wall overlooking the capital’s old town, and the waiter in the restaurant is busy delivering cappuccinos to people chatting at tables in the sun. “I feel like I should be doing something,”…

SNSF invests record CHF819 million in research

This content was published on May 5, 2014 The SNSF approved more than 3,400 research proposals involving about 14,000 researchers. Projects in biology and medicine received 40% of the funding, while mathematics, natural and engineering sciences were granted 33% and the humanities and social sciences 27%, the foundation said in its annual report, which was published on Monday. The SNSF has a government…

Tyco plans to move HQ to Ireland

This content was published on May 4, 2014 Switzerland’s status as a haven for international firms has come into doubt following a series of initiative votes curbing executive pay and foreign workers. In addition, Switzerland has been forced by the European Union to rethink its generous corporate tax code. “Businesses have the best opportunity to thrive in stable, predictable environments,” Tyco chief executive…

Swiss banks follow the money to Panama

This content was published on May 4, 2014 Sunshine, a lower cost of living and the inevitable low rate of taxation are what brought Michel*, a retired Geneva private banker, to Panama last year. Swiss banks have also been casting their net in the Latin American state.

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Banks too big to fail, but not to jail

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Fighter jet purchase remains up in the air

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Swiss sign on to global bank information exchange

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Future of rural doctors hinges on funding

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Controversial crane causes heavy lifting

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Fighting over military jets in changing times

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For trailing spouses, a move is about self-exploration

More

SNSF invests record CHF819 million in research

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Tyco plans to move HQ to Ireland

More

Swiss banks follow the money to Panama

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