Category Archive: 3) Swiss Markets and News

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Investec is a distinctive Specialist Bank and Asset Manager. We provide a diverse range of financial products and services to a niche client base in three principal markets, the United Kingdom, South Africa and Australia, as well as certain other geographies. Investec’s strategic goals are motivated by the desire to develop an efficient and integrated business on an international scale through the active pursuit of clearly established core competencies in the group’s principal business areas.
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The Swiss return of Nazi ‘Angel of Death’ Josef Mengele

2018-11-14

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After the Second World War, Josef Mengele – a war criminal and the man behind experiments on human beings at the Auschwitz concentration camp – fled to South America. There he managed to hide and escape justice until his death. However, he returned to Europe once as a tourist – and came to Switzerland. — …

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Ageing cheese with music

2018-11-14

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A cheesemaker in Emmental has been ageing his cheese with music, a different genre for each wheel. The idea behind this crazy experiment is to find out if sound waves can influence the cheese’s taste like humidity and temperature do. Nouvo brings you short videos about Switzerland, Swiss current affairs and the wider world. Keep …

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Visana insurance president commits suicide

2018-11-14

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2018-11-14

The president of the Swiss insurance firm Visana, Urs Roth, committed suicide on Monday, the firm has announced. In recent years, several top Swiss executives have taken their lives. “It is with great sadness that we inform you about the death of our Chairman of the Executive Board, Mr. Urs Roth, who took his own life yesterday," Visana said in a brief statement.

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Donato Scognamiglio, IAZI-Experte

2018-11-13

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Laut Donato Scognamiglio steht der Schweizer Immobilienboom vor seinem Ende. Im cash-Video-Interview nennt der IAZI-Experte gefährdete Segmente und mögliche Folgen der Preiskorrektur.

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Börsen-Talk vom 9. November 2018

2018-11-13

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«Die Zahlensaison ist ernüchternd», sagt Bellerive-Anlagechef Thomas Steinemann im Börsen-Talk. Trotzdem erwartet er bis Jahresende höhere Aktienkurse und sieht nun den idealen Einstiegszeitpunkt bei Versicherungsaktien. Link to the full project: http://media10.simplex.tv/content/4357/4375/109235/

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Switzerland signs up to ‘Paris Call’ for a safer internet

2018-11-13

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2018-11-13

In Paris on Monday, several hundred governments and tech companies – and Switzerland – signed a new charter for trust and security online. In the so-called ‘Paris Call’, launched by French President Macron at the UNESCO Internet Governance Forum in Paris, signatories pledged to support “an open, safe, stable, accessible, and peaceful cyberspace” where international law applies, and individual rights are protected.

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A Swiss revolution that started in a pulpit

2018-11-12

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Switzerland nowadays might be known for being a peaceful and neutral country, but that hasn’t always been the case. The nation has also had its share of civil wars and revolutions. One of them was brought about by the reformer, Ulrich Zwingli. — swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). Its …

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Study finds ‘worrying’ suicide rates among Swiss farmers

2018-11-12

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2018-11-12

The suicide rate among Swiss farmers is almost 40% higher than the average for men in rural areas, a study has found. The main causes are fears about the future and financial worries. A survey by the Swiss National Science Foundation (SNSF), reported in the SonntagsZeitung, found that between 1991 and 2014, 447 Swiss farmers took their lives. 

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PKB private bank officials under investigation for fiscal fraud

2018-11-11

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2018-11-11

Eighteen managers at the Swiss private bank PKB Privatbank are being investigated in Italy for fiscal fraud and money laundering, according to an Italian prosecutor. The Milan Public Prosecutor's Office, led by Francesco Greco, is carrying out the investigation against the officials, who are residents in Italy where PKB owns the Italian private bank Cassa Lombarda.

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UBS prepares to fight US mortgage-backed securities lawsuit

2018-11-10

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2018-11-10

UBS Group AG, Switzerland’s largest bank, says it will “vigorously” contest a United States Department of Justice lawsuit concerning mortgage-backed securities it sold in the run-up to the 2008 global financial crisis. In a statement issued on Wednesday, UBS said it had been advised that the DOJ intends to file a civil complaint as early as Thursday “related to UBS's issuance, underwriting and sale of residential mortgage-backed securities (RMBS)...

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Cryptoasset start-up backed by Swiss banking heavyweights

2018-11-09

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2018-11-09

Some of the doyens of the Swiss financial industry, including former Swiss National Bank president Philipp Hildebrand and ex-UBS CEO Peter Wuffli, have joined the cryptoasset revolution with new financial services operator Sygnum. The Swiss-Singapore enterprise announced itself suddenly on Thursday after operating in stealth mode for months.

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In Switzerland trains must be on time, and clean

2018-11-08

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The Swiss Federal Railways has opened a state-of-the-art washing tunnel in Brig, canton Valais, just for trains. The facility, the most modern in … The Swiss Federal Railways has opened a state-of-the-art washing tunnel in Brig, canton Valais, just for trains. The facility, the most modern in the country, is 90 metres long, fully automatic …

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New Swiss broadcasting fee starts next year

2018-11-08

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2018-11-08

After a referendum in March 2018 threatened to axe Switzerland’s costly broadcasting fee, the government put forward a counter proposal, which was adopted when 71.6% of voters voted to keep the fee. On 1 January 2019, the lower fee contained in the government’s plan will come into force. Next year, instead of CHF 451, each household will need to cough up CHF 365.

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‘Lighthouse’ Planned for Swiss Mountain Top

2018-11-07

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2018-11-07

Plans have been presented to upgrade a popular tourist destination on a mountain top in central Switzerland. As part of the CHF100 million ($100 million) project on the Titlis, a building made of steel and glass will be added to the existing tower for technical installations on 3,028 metres (9,934 feet) altitude.

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Builders Resume Street Protests

2018-11-06

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2018-11-06

Construction workers have continued their protests against worsening labour conditions in Switzerland. An estimated 4,000 people took to the streets of Lausanne on Monday in the latest stage of a series of short regional strikes underway since mid-October.

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Robert Oudmayer, CEO Cembra Money Bank

2018-11-05

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Cembra Money Bank feierte jüngst ihren fünften Geburtstag. CEO Robert Oudmayer äussert sich im Interview mit cash zu den Herausforderungen seit dem Börsengang, zur Digitalisierung im Zahlgeschäft und zu Dividenden.

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Brian McMillan unpacks the Investec Euro Stoxx50 Digital Plus

2018-11-05

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Brian McMillan of Investec discusses the Investec Euro Stoxx50 Digital Plus Structured Product.

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Spending All Souls’ Day with 25,000 skulls

2018-11-05

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In late October and early November the dead seem to return and mingle among the living around Switzerland. For the more adventurous, it’s a chance to visit the ossuaries of Valais. — swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). Its role is to report on Switzerland and to provide a Swiss …

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Federal office decides drug price cuts

2018-11-05

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2018-11-05

There will be an average drop of almost 20% in the price of 288 medicines from December 1, the Federal Office of Public Health says. Savings of around CHF100 million ($100 million) are expected. The move comes at a time of debate over the high costs of medicines in Switzerland.

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Geneva Aims for a New Company Tax Rate of 13.79 percent

2018-11-04

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2018-11-04

Geneva
According to bilan.ch, Geneva’s Council of State, or executive, has put forward a proposed corporate tax rate of 13.79% as part of its tax reform project, work triggered by international pressure on Switzerland and its cantons to remove preferential tax treatment for certain international companies.

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