Internal: Archive Archives - Page 1449 of 2840

More

UBS faces further demands over Madoff case

This content was published on Dec 8, 2010 The second filing against UBS brings total recoveries sought from the Swiss bank to around $2.5 billion. Irving Picard, the trustee overseeing the liquidation of Madoff’s investment firm, made the additional demand for $555 million in recoveries from UBS at a New York bankruptcy court on Tuesday. On November 24 the trustee sued UBS…

More

Swiss students get an encouraging report

This content was published on Dec 8, 2010 The results for Switzerland of the fourth “Programme for International Student Assessment” were presented in Bern on Tuesday. Some of its findings will fuel the on-going debate about the country’s education system. The Paris-based Organisation for Economic Co-operation and Development (OECD) has been assessing the abilities in reading, mathematics and science of 15-year-olds every three…

More

When I’m 64 – I’ll have my first child

This content was published on Dec 7, 2010 Mother and daughter, who is now four-and-a-half months old, are both well and on Tuesday appeared on the front page of Swiss tabloid Blick (see link for video). The woman, whose husband is 60, had a miscarriage when she was 61 and three years later decided to try again. According to Blick, she went for…

More

Swiss bank reaches accord with Madoff trustee

This content was published on Dec 7, 2010 Madoff, a former non-executive chairman of the Nasdaq stock market in the United States, was arrested at the end of 2008 and charged with securities fraud. The deal between trustee Irving Picard and private Swiss bank Union Bancaire Privée (UBP), based in Geneva, ensures UBP will pay $470 million to benefit Madoff’s victims. “The UBP…

More

Unemployment rises for first time since January

This content was published on Dec 7, 2010 At the end of November, 141,668 people were registered in cantonal placement offices, which is 2,303 more than the previous month. “The minor upstick is nothing to worry about since it is down to seasonal factors,” said analyst Nikola Stephan, from Informa Global Markets. While unemployment increased slightly for the 25-49 age group, it decreased…

More

Business federation upbeat about Swiss economy

This content was published on Dec 6, 2010 In a report issued on Monday, the federation forecasts a growth of two per cent in gross domestic product in 2011, following 2.6 per cent in 2010. It says that the construction and consumer branches are benefiting from the increased spending power resulting from rising wages, lower unemployment, lower interest rates and overall immigration. It…

More

Could facelift stop resort from dying?

This content was published on Dec 6, 2010

More

No solution for brass plate firm impasse

This content was published on Dec 5, 2010 Brass plate firms, along with foreign holding companies based in Switzerland, do not have to pay tax on overseas earnings. The EU argues that this distorts competition and the ongoing row is one reason that bilateral talks have stalled. Market research firm Moneyhouse conservatively estimates that some 30,000 brass plate firms are located in Switzerland,…

More

“Society needs whistle-blowers”

This content was published on Dec 3, 2010 Elmer, 55, ran the Caribbean operations of Swiss private bank Julius Bär for eight years until he was dismissed in 2002. He then moved to Mauritius and began sending global tax authorities what he said were the secrets of his former employer. Elmer said he initially tried to fight offshore abuses himself but didn’t get…

Internal: Archive

Popular Stories

Most Discussed

Sign in and personalize Swissinfo

Internal: Archive

More

Exhibition with bite

More

UBS faces further demands over Madoff case

More

Swiss students get an encouraging report

More

When I’m 64 – I’ll have my first child

More

Swiss bank reaches accord with Madoff trustee

More

Unemployment rises for first time since January

More

Business federation upbeat about Swiss economy

More

Could facelift stop resort from dying?

More

No solution for brass plate firm impasse

More

“Society needs whistle-blowers”

Popular Stories

Most Discussed