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.
My articlesMy siteAbout meMy books
Follow on:LinkedINTwitterAmazon
Filter archive by: Show All Show only Articles Show only Videos

‘Switzerland failing to tackle money laundering’: Thelesklaf

2020-09-22

by

2020-09-22

The former head of Switzerland’s anti-money laundering office says the country is failing to pull its weight in the fight against large scale corruption. Daniel Thelesklaf is convinced that billions of dollars are still being laundered through Swiss banks, largely unchecked.

Read More »

Confidence in vaccine safety remains low in Switzerland

2020-09-21

by

2020-09-21

Compared to much of the world, confidence in the safety of vaccines is low in Switzerland, according to a recently published study. In 2015, only 30% of Swiss questioned strongly agreed that vaccines were safe, ranking it 133rd out of 149 nations in terms of confidence in vaccine safety.

Read More »

Chlorothalonil in Zurich’s groundwater above the limit in 60 percent of samples

2020-09-20

by

2020-09-20

The banned substance chlorothalonil, which is in some pesticides, has been found to be above the limit in 60% of ground water samples taken across the canton of Zurich over the last 12 months, reported SRF.

Read More »

Do the WTO and the 1972 Free Trade Agreement guarantee Swiss access to the EU market?

2020-09-20

by

2020-09-20

The authors of a popular initiative to limit immigration to Switzerland from the 27-nation European Union say a “yes” vote will not affect Swiss businesses’ access to the EU market. A fact check shows the claim to be misleading.

Read More »

Paternity Leave: ‘Nobody is talking about the indirect costs’

2020-09-19

by

2020-09-19

Switzerland doesn’t need two weeks of paternity leave, says Radical-Liberal politician Yasmine Bourgeois. The mother of three says if the proposal is accepted on September 27, left-wing groups will keep asking for more and more.

Read More »

Toxins found in popular Swiss tourist spot

2020-09-18

by

2020-09-18

Carcinogenic toxins have seeped into the groundwater at the Blausee in the Bernese Oberland, killing thousands of fish, say the owners of the lake’s fish farm. They point the finger at companies renovating the Lötschberg summit tunnel and the authorities.

Read More »

Referendum: Swiss to vote on ending EU agreement

2020-09-17

by

2020-09-17

On 27 September 2020, Swiss voters have many decisions to make. This time the list of votes includes decisions on fighter jets, hunting, tax deductions for child care and paternity leave. Probably the most important among them is a decision on whether to accept a proposal to end the EU agreement on the free movement of people between Switzerland and the bloc, known as the Limitation Initiative.

Read More »

Merger rumours boost UBS and Credit Suisse shares

2020-09-16

by

2020-09-16

Shares of Credit Suisse and UBS moved to the top of SMI stocks on Monday morning after a media report said the Swiss banks were planning a merger.

Read More »

Coronavirus: no quarantine for people entering Switzerland from border regions

2020-09-16

by

2020-09-16

On 11 September 2020, Switzerland’s federal government announced that people entering Switzerland after spending time in regions next to the country’s national borders will be exempted from mandatory quarantine requirements should those regions end up with high rates of infection. Cross-border worker are already exempted from quarantine requirements.

Read More »

Swiss wind power held up by legal challenges

2020-09-16

by

2020-09-16

For a decade, wind energy in Switzerland has been stalled. Opponents have used every possible means to stop projects. At the end of September, one community will vote on the future of this kind of energy.

Read More »

What remains of Swiss democracy after the coronavirus measures?

2020-09-15

by

On March 16 the Swiss government declared an “extraordinary situation” due to coronavirus. People had to stay at home for two months. The spring session of parliament was cancelled. The May referendum was postponed. The government ruled alone by emergency decree. Where does that leave direct democracy? Martina Mousson*, a political scientist from the gfs.bern research institute, is familiar with psychological phenomena in times of crisis. After...

Read More »

Switzerland ranked 4th for economic come back, according to study

2020-09-15

by

2020-09-15

A report published this week places Switzerland fourth on a list of countries best positioned to make an economic rebound after the coronavirus downturn. The analysis looks at overall health resilience, pre-existing structural strengths and weaknesses in 122 countries.

Read More »

Swiss Tourism Industry demands new Covid-19 Quarantine Regime

2020-09-14

by

2020-09-14

Swiss Tourism Industry
Foreign visitors from Covid-19 high risk countries should be able to travel to Switzerland with negative corona tests and not have to go into quarantine, say tourism officials. Under Swiss regulations, anyone entering Switzerland from one of the high risk coronavirus countries on a list regularly updated by the Federal Office of Public Health must go into quarantine for ten days to help curb the spread of Covid-19, or risk a fine.

Read More »

Credit Suisse makes digital push as it closes down branches

2020-09-14

by

2020-09-14

Credit Suisse is taking on so-called challenger banks with a new digital service for customers, including a debit card with no foreign transaction fees. The bank is closing down branches across Switzerland and is converting others into a “digital bar” concept.

Read More »

Fribourg hospital under pressure after Covid-19 outbreak

2020-09-13

by

2020-09-13

According to RTS, a branch of the HFR hospital in the Swiss canton of Fribourg has reached full capacity after a rise in Covid-19 patients following an outbreak in a local nursing home.

Read More »

No wave of coronavirus bankruptcies so far, study finds 

2020-09-13

by

2020-09-13

Government credits and employment support measures have helped stave off a wave of bankruptcies, but they could rise over the longer term, says a survey. 

Read More »

Switzerland adds 10 more nations to its compulsory quarantine list

2020-09-12

by

2020-09-12

On 7 September 2020, Switzerland added to its list of quarantine countries. People entering Switzerland from 55 nations must now quarantine for 10 days. On 7 September 2020, 10 nations were added to the list. These include Croatia, French Polynesia, Guyana, Lebanon, Libya, Paraguay, San Marino, Trinidad and Tobago, Ukraine, United Arab Emirates.

Read More »

Swiss-UK financial services pact antidote to EU intransigence

2020-09-12

by

2020-09-12

Switzerland and Britain are thrashing out a post-Brexit financial services treaty that is being billed as a global standard for common sense. It also takes aim at perceived EU inflexibility that has seen the Swiss stock market frozen out of European markets.

Read More »

Pandemic speeds up push to digital as bank branches close

2020-09-11

by

2020-09-11

Swiss lender Credit Suisse is set to launch an overhaul of its digital banking offering, as it uses the coronavirus crisis as a springboard to accelerate the push from bricks-and-mortar branches to online services.

Read More »

Valcambi refinery denies sourcing ‘dirty’ gold from Dubai

2020-09-10

by

2020-09-10

The Swiss-based Valcambi refinery has rejected accusations about gold dealings with a controversial company in the United Arab Emirates.

Read More »