Category Archive: 3) Swiss Markets and News

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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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More Swiss firms facing cyber-attacks and ransom demands

2021-10-10

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2021-10-10

Ransomware attacks by hackers continue to increase sharply, with some 2,700 Swiss firms falling victim over the past year, Beobachter magazine has reported.

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Swiss opposition to extension of Covid certificates lower than perceived

2021-10-09

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2021-10-09

According to a recent survey, one third of Swiss are against the extension of Covid certificates. But most think opposition is higher.

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UBS launches collective philanthropy initiative to help clients address critical global issues

2021-10-09

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2021-10-09

New York, NY,October7, 2021 – Harnessing the power of collective philanthropy, UBS today announced the launch of UBS Collectives (“Collectives”), an innovative social-impact initiative that connects UBS’s philanthropic clients on issues that matter most to them.

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Swiss retain top spot in wealth management ranking

2021-10-08

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2021-10-08

Switzerland is still number one in terms of wealth management internationally, despite the growth in new assets slowing in 2020, according to consulting firm Deloitte.

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2022 Geneva Motor Show cancelled

2021-10-08

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2021-10-08

For the third year running, the Geneva International Motor Show will not take place in 2022 due to ongoing health concerns as well as supply shortages in the automotive sector.

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Opponents challenge media aid law to referendum

2021-10-07

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2021-10-07

A cross-party group has handed in signatures opposing a support package for the media passed by parliament in June.

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Farmers make hay in 2020 but brace themselves for grim 2021

2021-10-06

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2021-10-06

Covid, the weather and the pig market were kind to farmers in 2020, with income increasing 6.7% compared with 2019. But this year is looking much bleaker.

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Simona Aebersold, on being a world orienteering championships medallist and student

2021-10-05

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Simona Aebersold is 23 but has been running through forests and fields since she was a kid - her mom and dad are former top athletes and got her into orienteering very young. A 7-times world championship medallist, Simona is also a student at the University of Bern, where she's getting a degree in Sports science and Psychology. We met her in her garden, and she told us how she manages to balance her training sessions, competitions and exams. ---...

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Credit Suisse offices raided over Greensill funds

2021-10-05

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2021-10-05

Swiss police have raided the offices of Credit Suisse and seized documents relating to the collapse of its $10bn fund range linked to Greensill Capital.

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‘Pandora Papers’ shed more light on activities of Swiss financial advisors

2021-10-04

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2021-10-04

A new set of leaked documents, dubbed the Pandora Papers, has again exposed the role of Swiss lawyers, accountants and consultants in managing the wealth of powerful clients.

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Innovative Switzerland rolls out red carpet at Expo 2020 Dubai

2021-10-03

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2021-10-03

After eight years of planning and billions of dollars in spending, the Middle East’s first World Fair has opened in Dubai. Switzerland is participating at Expo 2020 with its own pavilion.

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Covid: non-mRNA vaccine soon available in Switzerland

2021-10-02

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2021-10-02

On 29 September 2021, Switzerland’s government announced it had signed a contract with Johnson & Johnson to receive 150,000 doses of its Covid-19 vaccine. The delivery of the doses is expected next week.

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US charges Swiss finance firm and six people with tax evasion

2021-10-01

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2021-10-01

Six people and a Swiss financial services firm have been charged in the United States with helping clients evade taxes on $60 million (CHF56 million) of assets.

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Swiss health premiums to rise for many in 2022 despite average price fall

2021-09-30

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2021-09-30

Compulsory Swiss health insurance premiums are on average set to fall by 0.2% in 2022, announced the Federal Office of Public Health (FOPH) on 28 September 2021. This is the first time since 2008 that average premiums have fallen. © Francisco Javier Zea Lara | Dreamstime.comBasic health insurance is compulsory in Switzerland and governed by federal law called LAMal. Insurers must offer basic insurance to everyone who applies regardless of...

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UBS tax evasion appeal verdict delayed in Paris

2021-09-29

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2021-09-29

Swiss bank UBS will have to wait until December 13 to see if its appeal against a French €4.5 billion (CHF4.9 billion) tax evasion penalty is successful.

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Swiss government defends its strategy ahead of second anti-Covid vote

2021-09-28

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2021-09-28

On 28 November 2021, Swiss voters will be asked whether they accept laws passed by the government on 19 March 2021 that paved the way for the introduction of Switzerland’s Covid certificate, a system that provides proof of vaccination, recovery or a negative test.

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Swiss pandemic spending low when compared internationally

2021-09-27

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2021-09-27

The think tank Avenir Suisse has calculated that in 2020 the Swiss federal government spent CHF 5 per person per day on the pandemic, a total of CHF 41 million a day.

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Nespresso capsules cannot be protected, says highest Swiss court

2021-09-26

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2021-09-26

The shape of the Nespresso coffee capsules is ordinary and unmemorable, according to Switzerland’s highest court, reported RTS.

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Solidarity vital to overcome crises, Swiss president tells UN

2021-09-24

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2021-09-24

Guy Parmelin, who holds the rotating Swiss presidency this year, has called for solidarity to tackle global environmental and trade issues.

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Parliament rejects blanket ban on tobacco ads

2021-09-23

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2021-09-23

The Swiss parliament has agreed new advertising and sponsorship regulations for tobacco products. However, the supporters of a total ban on tobacco advertising are unimpressed.

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