Category Archive: 3) Swiss Markets and News

Main Author Investec
Investec
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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Germany alleged to have spied on Swiss firms in Austria

2018-07-09

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2018-07-09

A dozen branches of Swiss firms in Austria were targeted by German spies between 1999 and 2006, according to the SonntagsBlick newspaper which has seen documents belonging to Germany’s federal intelligence service BND. Part of the data was allegedly handed to the United States. The Sunday newspaper said the Swiss firms targeted by German spies in Austria included the pharmaceutical company Sandoz, which belongs to the Novartis Group, the logistics...

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TV Recording could be under threat in Switzerland

2018-07-08

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2018-07-08

Fast-forward
With TV recording there’s no need to miss programmes just because they’re on at the wrong time. And, when it’s time to watch them, it’s easy to fast forward through the adverts, something that can’t be done when watching live. In Switzerland, television recording is offered by big distributers, such as Swisscom, Sunrise and UPC. Broadcasters don’t provide it.

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‘Hidden’ transport costs on the rise

2018-07-07

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2018-07-07

Traffic Jam in Geneva
A government study has found that the so-called ‘external costs’ of various modes of transport collectively increased by almost CHF1 billion during the period 2010-2015. For walkers and cyclists, however, benefits outweigh the costs.

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Thousands of Swiss firms are unregistered

2018-07-06

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2018-07-06

Unlike this company
About 13,000 companies are not listed in the commercial register – a serious problem, notes the Swiss Federal Audit Office. Increased cooperation with the tax authorities could be a solution. On Wednesday the office published an evaluation of how Switzerland has been combating corruption over the past decade – since it’s been following a recommendation of the Council of Europe Group of States against Corruption (GRECO).

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Martin Waeber, Direktor Immoscout24

2018-07-06

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Laut Martin Waeber, Direktor von Immoscout24, sind die Warnungen der Nationalbank wegen des Immobilienmarktes zwar etwas laut, aber berechtigt. Crash-Gefahr am Häusermarkt sieht er nicht, wie er im cash-Talk sagt.

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Investec International Rugby Academy

2018-07-05

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The Investec International Rugby Academy is a world-class academy developing South African rugby talent. This is accomplished through an academy which capitalises on the need for high-performance playing and coaching rugby in South Africa, which enables players to #MakeOpportunities through a curriculum recognised throughout the international rugby world. Find out more: https://invest.ec/2KR2NH2

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Investec Rugby | It’s not just about the corner try 60″

2018-07-05

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As sponsors of the Investec Super Rugby tournament played out of New Zealand, we admire all the Out of the Ordinary moments. As a bank, we look for these moments to make more opportunities for you. Good players take opportunities, great players make them. #MakeOpportunities

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Investec Rugby | it’s not just about The Dummy 30″

2018-07-05

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As sponsors of the Investec Super Rugby tournament played out of New Zealand, we admire all the Out of the Ordinary moments. As a bank, we look for these moments to make more opportunities for you. Good players take opportunities, great players make them. #MakeOpportunities

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Investec Rugby | It’s not just about The Dummy 60″

2018-07-05

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As sponsors of the Investec Super Rugby tournament played out of New Zealand, we admire all the Out of the Ordinary moments. As a bank and asset manager, we look for these moments to make more opportunities for you. Good players take opportunities, great players make them. #MakeOpportunities https://www.investec.com/rugby

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A bleak future for older builders

2018-07-05

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Over 18’000 construction workers took to the streets of Zurich recently in protest at plans to raise the retirement age and cut pensions. More strikes are threatened. — swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). Its role is to report on Switzerland and to provide a Swiss perspective on international events. …

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Swiss VAT might rise to fund lower company tax rates

2018-07-05

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2018-07-05

Historically, Switzerland has offered certain foreign companies special preferential tax deals in order to attract them. In response to international pressure, the current system is to be phased out replacing preferential tax rates with lower universal ones in the hope that these companies will stay.

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Mining giant Glencore faces US corruption probe

2018-07-04

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2018-07-04

Swiss commodities mining and trading giant Glencore has been subpoenaed by the United States Department of Justice (DoJ) in relation to its activities in Nigeria, the Democratic Republic of Congo (DRC) and Venezuela.

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Swiss intercity trains in for a makeover

2018-07-03

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2018-07-03

The Swiss Federal Railways is revamping its intercity IC2000 fleet at a cost of approximately CHF300 million ($302 million). The first completely renovated trains will be put back into operation in early 2019. The 341 wagons should be fit for another 20 years on the rails after their makeover.

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Sex change in Zürich

2018-07-03

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University Hospital Zürich cuts the pain of changing gender. Nouvo brings you short videos about Switzerland, Swiss current affairs and the wider world. Keep up to date and watch the videos wherever you are, whenever you like. — swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). Its role is to report on …

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Mirka

2018-07-03

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Roger Federer explains why his wife is a star in her own right. (SRF/swissinfo.ch) — swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). Its role is to report on Switzerland and to provide a Swiss perspective on international events. For more articles, interviews and videos visit swissinfo.ch or subscribe to our YouTube …

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How emojis come into existence

2018-07-02

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What do Swiss direct democracy and emojis have in common? Nouvo brings you short videos about Switzerland, Swiss current affairs and the wider world. Keep up to date and watch the videos wherever you are, whenever you like. — swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). Its role is to report …

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Swiss public broadcaster to phase out 250 jobs

2018-07-02

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2018-07-02

The Swiss Broadcasting Corporation (SBC), swissinfo’s parent company, announced on Thursday a series of belt-tightening measures, including the elimination of 250 full-time positions over the next four years. The SBC is initiating a four-year savings and redeployment programme aimed at saving CHF100 million ($100 million), which will be re-invested across its various business and language units.

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Swiss banking sector continues to shrink but survivors profitable

2018-07-01

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2018-07-01

Switzerland lost a total of nine banks in 2017 bringing the total to 253. Around 20 years ago the country boasted more than 400 banks. According to the annual “Banks in Switzerland” report released by the Swiss National Bank (SNB) on Thursday, only one foreign bank opened a Swiss branch last year. The number of people working for banks also declined. Staff numbers in Switzerland fell by 7.7% to 93,554 full-time equivalents (FTEs).

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Swiss banks urged to step up fight against financial crime

2018-06-30

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2018-06-30

Swiss financial institutions and public authorities must do more to prevent organised crime and money laundering within the financial system, a study by the consulting firm KPMG published on Tuesday has found. The authors of the study called “Clarity on Crime in Financial Services” highlighted several challenges and problems which must be addressed if banks want to successfully prevent and identify criminal financial activities in future.

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Swiss Town Tests Blockchain-Based Voting

2018-06-29

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2018-06-29

On 25 June 2018, the city of Zug, the town at the heart of Switzerland’s crypto valley, started testing a voting system based on blockchain technology. During the trial, which runs until 1 July 2018, around 200 voters will cast non-binding municipal votes on mock questions in a trial designed to identify any bugs in a system built by the company Luxsoft and the computer science department of Lucerne’s University of Applied Sciences.

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