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.

Libra stablecoin project ‘no threat’ to financial system

Facebook’s Libra cryptocurrency poses no threat to central banks or to financial law and order, the head of the Geneva-based Libra Association tells swissinfo.ch. Many regulators, politicians and central banks have reacted with alarm to the proposed new digital payments system.

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BNP Paribas bank accused of complicity in Sudan rights abuses

Victims of rights abuses in Sudan have filed a legal complaint against the French BNP Paribas bank and its Swiss subsidiary, accusing them of complicity in crimes against humanity, genocide and torture allegedly committed in Darfur between 2002 and 2008.

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Chasing wealth managers is a risky business

Zurich is a sober and orderly city, so a fierce altercation near the Swiss National Bankexternal link between a banker to the world’s billionaires and a private detective who was trailing him is worthy of John Le Carré. It is all the more lurid that Credit Suisse ordered surveillance of Iqbal Khan after he left abruptly for its rival UBS.

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US stamps policy on the Universal Postal Union

I think it’s fair to say many people may not have heard of the Universal Postal Union (UPU). Its unassuming headquarters sits peacefully in a leafy suburb of Bern. It is the only United Nations agency to grace Switzerland’s capital with a presence. In fact, the UPU is older than the UN itself. Founded in 1874, its mandate is to regulate the booming new (in the 19th century) international communication of letters and parcels.

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DNA testing: empowering you by unlocking your genetic secrets

Investec Life has partnered with UK-based genetics company DNAfit to provide DNA tests to their clients at a reduced rate to help them understand how their unique genetic profile affects their response to fitness, nutrition, stress and sleep. Avi Laserow, Founder and CEO of Prenetics-owned DNAfit and Sinenhlanhla Nzama, Investec Life head product actuary talk …

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Number of people with debt problems rises in Switzerland

The number of people with debts in default continues to rise in Switzerland. At the end of July 2019, 561,000 people, 6.5% of the population, were unable to service their debts according to the price comparison website comparis.ch. The figures, based on data from the credit analysis company CRIF include those who have failed to make repayments and are being pursued by creditors or have declared bankruptcy.

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Ferial Haffajee on exposing #GuptaLeaks, #CR17 and state capture

In the latest edition of Investec Focus Talks, Stephen Koseff talks with the Associate Editor of Daily Maverick and Fin24, Ferial Haffajee. The first female editor of a major newspaper in South Africa, Ferial has played an instrumental role in calling out state capture, defending press freedom and advancing gender equality. Stephen and Ferial tackle …

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No rise is health premiums expected in 10 Swiss cantons in 2020

Every year, Switzerland’s Federal Office of Public Health (FOPH) gives projections of compulsory health insurance premiums for the coming year. After years of rising premiums, many will be relieved by the small projected increases for 2020. Across all of Switzerland, the average premium is expected to rise 0.2% to CHF 315.40 a month.

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The rebellion comes to Switzerland

Turning the Limmat river green, organising picnics on bridges, blocking busy roads: climate activists from the Swiss chapter of the Extinction Rebellion group have been ramping up the number of civil disobedience actions undertaken in recent months. Why? Anaïs Tilquin, a member of the group, explains.⁠ Nouvo brings you short videos about Switzerland, Swiss current …

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Geneva’s 2020 budget 590 million francs short

Next year the canton of Geneva plans to spend CHF 9,143 million. However, forecast revenue is only CHF 8,553 million, leaving a shortfall of CHF 590 million, according to a cantonal government press release. The canton’s finances have been hit hard from both sides.

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Swiss upper house rejects parental leave plan

Switzerland’s government been grappling with the politics of extending universal tax-funded parental leave for a number of years. Some are pushing for paternity leave for fathers and others for a shared pool of parental leave, which mums and dads can apportion.

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Switzerland faces looming shortage of workers

As more baby-boomers – born from 1946 to 1964 – retire, Switzerland will faces a shortage of workers, according to Credit Suisse, a bank. Economists at the bank estimate that 1.1 million people in Switzerland will retire over the next 10 years, a figure which includes nearly 800,000 people currently working.

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Owen Farrell – Winners play a different game

Investec Corporate and Investment Banking is proud to sponsor Owen Farrell #PlayDifferent Find out more about Investec brand ambassador Owen Farrell and the Play Different campaign: https://invest.ec/owen-farrell

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How Heidi helped us make friends

How Heidi helped us make friends — 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 more articles, interviews and videos visit swissinfo.ch or subscribe to our YouTube channel: Website: http://www.swissinfo.ch Channel: http://www.youtube.com/swissinfovideos Subscribe:...

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Investec Rugby | There’s a craft and story behind every element

Whether your team wins or loses could make or break your day. You’re passionate about rugby! But have you ever considered what it takes to build #bestofthebestrugby ? A ball. The Turf. A Jersey. There’s a craft and story behind every element.

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Are You Smarter Than A Lwando? Buying a home

Maps Maponyane and Lwando are back in the quiz show that entertains and educates. In this episode, little Lwando grills our celebrity on all things home loans. There is much more to buying a property as a young professional than finding the right home in the right location. You must decide how much of your … Continue reading...

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Swiss in New Orleans say 2019 is the year to vote

Should Swiss living abroad have a say on votes and elections back home? — 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 more articles, interviews and videos visit swissinfo.ch or subscribe to our YouTube channel: …

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Tobacco consumption costs Switzerland 5 billion francs a year

Health care in Switzerland is funded by a mixture of taxes and health insurance premiums. Much of the insurance premiums paid are compulsory with no discounts offered to non-smokers. According to figures recently published by the Swiss association for smoking, the annual direct medical costs of smoking are CHF 3 billion (2015), or CHF 350 per person.

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A different kind of opportunity: Investec graduate programmes

Take initiative, embrace change, make a difference. Our graduates talk about the unique experience of working at Investec. Learn more: investec.com/graduates

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Housing vacancies rise in 20 Swiss cantons

Recent figures show an annual 4.2% rise in the number of vacant homes in Switzerland, extending a trend that started 10 years ago, according to the Federal Statistical Office. At the start of June 2019, there were 75,323 vacant homes, representing 1.66% of Switzerland’s total stock of homes.

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