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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Switzerland misses greenhouse gas reduction target

2022-04-12

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2022-04-12

Switzerland has narrowly missed its target of reducing greenhouse gas emissions by 2020 despite coronavirus lockdowns and an unusually warm winter.

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Swiss health insurance could jump by 9 percent next year

2022-04-10

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2022-04-10

According to the newspaper Le Matin Swiss health insurance premiums could rise by 7% to 9%, reported RTS. The future rise in the cost of health insurance is estimated based on data on the rising healthcare costs being passed on to health insurance companies. According to the data, costs rose during the second half of 2021. Across all of 2021 costs were up by 5.1% and the trend appears to have continued.

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New Swiss bank pitches itself as digital, but not robotic

2022-04-09

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2022-04-09

Switzerland’s shrinking banking universe has been bolstered by a new wealth management entrant, Alpian, which is aiming for the sweet spot between digital and human-centric services. Alpian has just secured a Swiss banking license along with a CHF19 million ($20.5 million) capital boost from the Italian banking group Intesa Sanpaolo.

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Swiss consumers spend big on organic products

2022-04-08

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2022-04-08

The organic food market in Switzerland experienced slower growth in 2021 than the previous year. However, consumers are spending more than ever on organic products.

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Ukraine war no threat to Swiss banks, says financial watchdog

2022-04-07

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2022-04-07

Switzerland’s financial market supervisor FINMA says the Russian invasion of Ukraine isn’t a wide-scale threat to Swiss financial firms’ business ties to Russia.

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Ukrainian refugees can benefit Swiss economy, says expert

2022-04-06

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2022-04-06

Switzerland can cope with a large number of Ukrainian refugees, and their skills can benefit the economy, says migration expert Thomas Kessler. “The Ukrainian women will provide new impetus in this country,” he told the SonntagsBlick newspaper. “Especially in the IT sector, the Ukrainians are more advanced than Switzerland. In addition, it is normal in Ukraine for women to study natural sciences.”

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Bankruptcies rise as coronavirus bail-outs phase out

2022-04-05

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2022-04-05

The number of companies and individuals declaring bankruptcy rose 9.1% last year, which coincided with a gradual withdrawal of state-backed financial support during the Covid-19 pandemic.

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Ukraine refugees struggle to exchange cash into Swiss francs

2022-04-04

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2022-04-04

Thousands of Ukrainian refugees are finding that Swiss banks are refusing to convert the cash they brought with them into francs.

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Swiss privacy technology tackles rampant online intrusion

2022-04-03

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2022-04-03

Anyone using the internet is being watched, and possibly manipulated, via a trail of digital breadcrumbs known as metadata. Two Swiss companies, one backed by former United States military whistleblower Chelsea Manning, are setting up smokescreens to confuse prying eyes and protect web users from big tech companies and government surveillance.

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Switzerland backs European plans for joint gas storage

2022-04-02

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2022-04-02

Switzerland has signed a declaration along with six other European states in favour of pooling gas storage facilities. Switzerland, Germany, Austria, Belgium, France, Luxembourg and the Netherlands signed the declarationExternal link on Wednesday, pledging to work towards coordinating storage efforts on a regional level.

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Switzerland slaps more sanctions on Russia

2022-04-01

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2022-04-01

The Swiss government on Friday adopted additional sanctions against Russia for its ongoing war in Ukraine but did not ban the Russian state TV channels Sputnik and Russia Today like the European Union.

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Switzerland to drop all Covid restrictions

2022-03-31

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2022-03-31

On 30 March 2022, Switzerland’s government announced the end of all measures aimed at reducing the spread of the SARS-CoV-2 virus from 1 April 2022. Currently, the only federal measures left are the requirement to wear masks on public transport and in health facilities and the obligation to self-isolate after infection with the disease.

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Episode 1: Follow the Monet – the Bührle art collection

2022-03-30

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In our new satirical format, we explore this ambivalence and say "sorry" to the world - for minor and major transgressions.

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The birth of modern democracy in the heart of Europe

2022-03-29

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The "Swiss Revolution" brought democracy to Switzerland. It was an uprising against the aristocracy – and the beginning of a long journey that the country could only complete with foreign help. On a spring day in 1798, Peter Ochs of Basel declared the birth of the Helvetic Republic from a balcony of the Aarau city hall. There was great rejoicing on the streets because this marked the liberation of the central territories from their...

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Most Swiss would support tougher sanctions against Russia

2022-03-29

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2022-03-29

A new poll shows that a majority of the Swiss population would be in favour of tougher sanctions against Russia for invading Ukraine, even if it results in higher energy costs in Switzerland.

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Swiss web TV channel to broadcast in Ukrainian

2022-03-28

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2022-03-28

Diaspora TV Switzerland launched a new service in Ukrainian on Sunday to help meet the information needs of refugees arriving from the war-torn country.

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Ukraine urges Switzerland to clamp down on Russian money

2022-03-28

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2022-03-28

An advisor to Ukrainian President Volodymyr Zelensky says the Swiss should be more proactive in looking for Russian funds. But according to a legal expert, current regulations do not allow authorities or banks to do more active searches beyond what’s in their current registers.

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L’Europe entre sabotage et phagocytage au profit de la Chine.

2022-03-27

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2022-03-27

L’enfumage de la com occidentale dénoncé dans ce débat. Si la crise ukrainienne a détruit un espace, ce n’est pas le russe mais celui de l’UE. Ecoutez cet échange pour sortir de l’ignorance générée activement par la désinformation diffusée en boucles par certains médias.

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Credit Suisse Vice Chair Schwan steps down from board

2022-03-25

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2022-03-25

Credit Suisse announced on Monday that Vice-Chair Severin Schwan would not stand for re-election. This follows a reported rebellion by large shareholder groups at the Swiss bank. “Severin Schwan, who joined the Board in 2014 and has acted as Vice-Chair and Lead Independent Director since 2017, has decided not to stand for re-election,” Credit Suisse said in a statementExternal link on Monday.

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Switzerland sounds out Qatar over gas supplies

2022-03-24

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2022-03-24

Switzerland plans to open negotiations with Qatar over the potential delivery of liquefied natural gas (LNG) supplies. The Alpine state is scouting for new energy suppliers, following the Russian invasion of Ukraine.

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