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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Swiss chef wins world’s best restaurant award

2017-04-12

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2017-04-12

A Swiss chef from Aargau came first in this year’s ranking of the world’s 50 best restaurants. Daniel Humm, co-owner of the restaurant Eleven Madison Park, comes from Strengelbach in Switzerland, and earned his first Michelin star at 24. In 2003, he moved to the United States to become a chef at Campton Place in San Francisco. Three years later, he moved to New York to Eleven Madison Park.

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The Swiss municipalities with too many second homes – latest figures

2017-04-08

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2017-04-08

On 11 March 2012, Swiss voted to accept a law restricting the construction of secondary residences, homes that are only used occasionally by owners living somewhere else. Under the law no more than 20% of a municipality’s housing can be second homes. Those with percentages above 20% run into building restrictions.

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Sexual harassment on the streets of Geneva

2017-04-08

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A Swiss television crew use a hidden camera to show the extent to which a woman was sexually harassed on the streets of Geneva. But it’s not just in western Switzerland that harassment is the order of the day for women. (RTS/swissinfo.ch) — swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). Its …

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Paris says no to sand from Swiss company that bid for Trump wall

2017-04-07

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2017-04-07

The French-Swiss group, described as “disreputable” by the Ville de Paris, will not be supplying sand to the city of Paris this summer. Paris Plages (Beaches), a project that creates temporary beaches of sand along the banks of the river Seine every summer, said it would take no more sand from LafargeHolcim because of its willingness get involved in Donald Trumps’s disastrous Mexican wall project.

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Börsen-Talk vom 7. April 2017

2017-04-07

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Die steigenden Börsen bewirken, dass sich wieder breitere Anlegerschichten in Aktien engagieren, sagt Caroline Hilb, Leiterin Anlagestrategie bei der St. Galler Kantonalbank. Aber ist das nun nicht ein Warnzeichen?

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Swiss mountaineer aims for new Everest record

2017-04-07

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Swiss mountaineer Ueli Steck is training for a new record: Climbing Mount Everest, descending via the South Col and re-ascending the Lhotse…all without supplemental oxygen. (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 …

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Goats’ milk is booming

2017-04-07

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Products made from goats’ milk are enjoying growing popularity in Switzerland. For farmers, producing this niche product is becoming increasingly worthwhile. Dairy companies such as Emmi have more than doubled their production. (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 …

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Some UN consultants thought their income was tax free. They were wrong.

2017-04-06

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2017-04-06

Some United Nations consultants haven’t paid taxes on their income, thinking it was exempt. When the tax authorities catch up with them they’ll risk paying back taxes and fines. As a general rule, foreign UN functionaries are not required to pay local taxes on their income. On the other hand UN consultants must.

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A fifth of Swiss can’t cope with an unexpected expense of 2,500 francs

2017-04-05

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2017-04-05

Unexpected-bills
In 2015, 21.7% of Switzerland’s population was unable to cover an unexpected expense of CHF 2,500 within a month, says a report from the Swiss Federal Statistics Office. Single parent families were the least able to cope with 46.1% of them falling into this camp. Single parent families were followed by single people under 65 (27.1%) and two-parent families (24.0%).

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Michael Ringier, VR-Präsident Ringier

2017-04-05

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Verleger Michael Ringier, Verwaltungsratspräsident des gleichnamigen Medienunternehmens, äussert sich im Interview mit cash zu den Ringier-Geschäftszahlen 2016 und zur Zukunft der Blick-Gruppe.

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Mark Branson, Direktor der Eidg. Finanzaufsicht Finma

2017-04-04

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Finma-Direktor Mark Branson richtet in Sachen Geldwäscherei eine unmissverständliche Warnung an den Finanzplatz.

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Construction trash becomes treasure

2017-04-02

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Old construction materials have huge potential for recycling: over 2,000 demolition permits are granted each year in Switzerland, and a lot of the old fixtures and fittings are up for grabs. (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 …

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Credit Suisse Offices Raided In Multiple Tax Probes: Gold Bars, Paintings, Jewelry Seized

2017-04-01

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2017-04-01

Credit Suisse has confirmed that the Swiss bank, some of its employees and hundreds of account holders are the subjects of a major tax evasion probe launched in UK, France, Australia, Germany and the Netherlands, setting back Swiss attempts to clean up its image as a haven for tax evaders.

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Roger Studer, Leiter Vontobel Investment Banking

2017-03-30

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Roger Studer über die Vontobel-App zu strukturierten Produkten.

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The Market Has Its Head Buried Deep In The Sand

2017-03-30

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2017-03-30

shutterstock
Several “black swans” are looming which could inflict a financial nuclear accident on the U.S. markets and financial system. I say “black swans” in quotes because a limited audience is aware of these issues – potentially catastrophic problems that are curiously ignored by the mainstream financial media and financial markets.

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Blocher and the People That Ruined the EU

2017-03-30

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2017-03-30

Christoph Blocher
Last weekend, European leaders gathered in Rome for the 60th anniversary of the Treaty of Rome. They discussed, not for the first time, how to get the EU back on track. And they told each other they are still committed to the Union and believe in its future. (We’ve heard that one before, too.)

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Investec would like to thank the city of Cork for one year in business

2017-03-30

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Description – Go to our website for more information www.investec.ie

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Turkish ex-spy recounts political espionage

2017-03-29

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In an exclusive interview with Swiss public television, SRF, a former agent of the Turkish National Intelligence Organisation (MİT), confirmed suspicions that political espionage had taken place in the past on members of the Turkish community in Switzerland. On March 24, the Swiss Attorney General’s office announced it had opened criminal proceedings into allegations of …

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Philippe Hebeisen, Generaldirektor der Vaudoise-Versicherungen

2017-03-29

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Als mittelgrosser Versicherer dreht sich auch bei der Vaudoise vieles um Tiefzinsen, Digitalisierung und Politik. Im cash-Video-Interview äussert sich CEO Philippe Hebeisen zu den aktuellen Herausforderungen.

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Don’t Confuse Immigration With Naturalization

2017-03-28

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2017-03-28

As the immigration debate goes on, many commentators continue to sloppily ignore the difference between the concept of naturalization and the phenomenon of immigration. While the two are certainly related, they are also certainly not the same thing. Recognizing this distinction can help us to see the very real differences between naturalization, which is a matter of political privilege, and immigration, which simply results from the exercise of...

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