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 ‘not at risk of truck driver shortage’

2021-10-18

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2021-10-18

Unlike other Western European nations, Switzerland is not at risk of a supply chain crisis due to a lack of truck drivers, according to the president of a major logistics and transport company.

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Covid: Swiss private banks ‘got off relatively lightly’

2021-10-17

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2021-10-17

Swiss private banks managed to increase their assets under management to CHF2.9 trillion ($3.15 trillion) last year, an increase of 2.8% on 2019.

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Switzerland could face electricity shortage by March

2021-10-17

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2021-10-17

If progress is not made on an electricity agreement with the European Union, at least at a technical level, Switzerland is likely to face a significant problem guaranteeing electricity in the short and medium term, especially in winter.

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Geo-blocking set to be banned in Switzerland

2021-10-16

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2021-10-16

Geo-blocking is the practice of pushing online shoppers to a version of a website based on their geographic location. Many consumers would like to see the practice made illegal and Swiss laws look set to make it so, according to the NZZ am Sonntag, reported Le Matin.

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Qatar’s Quintet bank closes shop in Switzerland

2021-10-16

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2021-10-16

Quintet Private Bank says it is closing its Swiss arm just 16 months after opening. The Qatari-owned private bank took over Bank am Bellevue last year.

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Businesses give mixed reaction to Covid certificate

2021-10-15

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2021-10-15

While most Swiss hotels and restaurants are critical of the need to show a Covid certificate, overall small and medium-sized enterprises (SMEs) do not perceive it as a disadvantage.

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Anticipating future technologies for humanity’s well-being

2021-10-14

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2021-10-14

A Geneva-based foundation has created a tool mapping out major scientific breakthroughs that could help decision makers and civil society prepare for their impact.

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Poll: Most Swiss back 30km/h speed limit in urban areas

2021-10-13

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2021-10-13

Most Swiss residents would be in favour of a 30 kilometre (18 miles) per hour speed limit in urban areas, a survey has found.

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Living in Switzerland as a Muslim

2021-10-12

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The Swiss population has voted in favour of banning face coverings, in a vote known as the 'burka ban', in March 2021. They had already voted in favour of banning the construction of minarets in November 2009. What is it like to grow up, and live, as a Muslim in Switzerland? Muslims are the third largest religious community in the small Alpine nation. Despite this, its members say they still face discriminations because they believe in Islam. We...

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Global capital flows: how poor countries finance the rich

2021-10-12

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2021-10-12

It’s an economist’s conundrum: global capital, instead of flowing from rich countries to poor countries, actually moves in the other direction. Each year hundreds of billions of dollars leave developing countries and land in the coffers of rich countries like Switzerland.

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Swiss unemployment down, especially among young

2021-10-12

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2021-10-12

Unemployment fell from 2.7% to 2.6% in September 2021 in Switzerland, with a sharp drop among those aged 15 to 24, reported RTS. By the end of September 2021, just over 200,000 people were looking for employment in Switzerland according to Switzerland’s standard measure, which is focused on those registered with the official unemployment office, something required to collect unemployment benefits.

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‘Fantasy Basel’ re-opens after a two-year Covid break

2021-10-11

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2021-10-11

The three-day Fantasy Basel festival for fans of films, games, comics, cosplay and manga has re-opened its doors after a two-year break.

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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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