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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UBS tax fraud trial opens in Paris

2018-10-10

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2018-10-10

A sweeping investigation into UBS bank, accused of tax fraud and money laundering, comes to trial in Paris today. The bank risks a fine of up to €5 billion (CHF5.7 billion). The trial is set to begin on Monday after years of investigations into the Swiss bank’s French activities, as well as aborted negotiations in which authorities made a settlement offer of €1.1 billion.

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Immobilier suisse, la réalité du cumul de risques. Olivier Crottaz

2018-10-09

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2018-10-09

Warning
Avant-propos: Voici un argumentaire très intéressant que nous livre Olivier Crottaz. Les caisses de pension et autres fonds d’investissement venus de l’étranger se sont engouffrées dans l’autoroute de l’industrie immobilière, construite par la BNS. Du sur mesure donc qui pour l’instant n’a pas tant profité aux Suisses.

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Swiss-US tax data transfer method ‘violates law’

2018-10-09

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2018-10-09

The Swiss Data Protection Commissioner has issued a legal complaint against the Finance Ministry for sending the names of bank employees, lawyers, accountants and other third parties to the United States to assist with tax evasion investigations.

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Digitization ‘to cost one million jobs’ in Switzerland

2018-10-08

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2018-10-08

The growing trend of digitization in the economy will render a million Swiss jobs redundant in the next 12 years, according to a new study. Some 800,000 jobs will be clawed back by new IT openings, but much of the workforce will need to be re-trained, warns consultancy firm McKinsey. Automation will mainly take the place of manual labour, office and retail workers, says the NZZ am Sonntag newspaper, which has seen an advance copy of the McKinsey...

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Swiss take the Train more often, and further, than European Neighbours

2018-10-07

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2018-10-07

The latest Europe-wide figures confirm Switzerland’s reputation as a country of trains, with average trips and kilometres covered per habitant far higher than elsewhere. Some 72 trips and 2,463 kilometres: this was the average train time for each Swiss resident in 2016, according to Eurostat figures reported Tuesday by Litraexternal link, the Swiss information service for public transport.

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Jan-Gebert Sturm, Ökonom KOF Zürich

2018-10-05

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Die Konjunkturforscher der ETH Zürich zeichnen sehr positive Aussichten für die Schweizer Wirtschaft. Ökonom Jan-Egbert Sturm prognostiziert steigende Löhne, weist aber auch auf einige Risiken hin.

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Swiss investments in Turkey drop by half

2018-10-05

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2018-10-05

The severe policies of President Recep Tayyip Erdogan have led to Swiss companies decreasing their investments in Turkey by 50% compared to the average over the past decade, Swiss Public Television SRF reports. Over the last ten years, Swiss companies have on average invested some CHF200 million ($202 million) in Turkish markets, but today the figures amount to roughly half that.

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An Orthodox Jew who breaks the rules

2018-10-04

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Screenwriter Thomas Meyer and director Michael Steiner talk about their comedy, “Wolkenbruch”, working in Yiddish and keeping things authentic. — 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 …

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Henri Gétaz on challenges

2018-10-04

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Henri Gétaz on challenges — 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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Henri Gétaz and his first experience of EFTA

2018-10-04

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Henri Gétaz and his first experience of EFTA — 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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Study finds Swiss economy is looking up, but risks abound

2018-10-04

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2018-10-04

Switzerland's GDP is on track this year to increase by 2.9%, according to a forecast by Zurich's KOF Swiss Economic Institutepublished Wednesday. This positive outlook is tempered by concerns over the potentially negative impact of global trade wars and a no-deal Brexit on the neutral nation.

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Switzerland has a problem with plastic recycling

2018-10-04

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Because China has stopped importing plastic waste, Switzerland needs to find new recycling methods. The plastic is increasingly being incinerated … Because China has stopped importing plastic waste, Switzerland needs to find new recycling methods. The plastic is increasingly being incinerated or processed into pellets. An interview with Swiss-Recycling manager Patrik Geisselhardt. (SRF, swissinfo.ch) — …

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Strong Swiss agricultural output recorded despite droughts

2018-10-03

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2018-10-03

Swiss agricultural production is up in 2018, driven largely by bigger hauls of wine, fruit and milk, according to the latest official statistics. Productivity is also on the rise. The yearly production estimate of CHF10.6 billion ($10.7 billion) released on Tuesday by the Federal Statistical Office represents an increase of 2.7% on 2017 figures.

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Job title: Tantric masseuse

2018-10-02

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Desiree says her sexy Tantric massages can prevent wars. What do you think of this unusual job? Nouvo brings you short videos about Switzerland, Swiss current affairs and the wider world. Keep up to date and watch the videos wherever you are, whenever you like. — swissinfo.ch is the international branch of the Swiss Broadcasting …

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Tax amnesty ends for undeclared EU assets

2018-10-02

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2018-10-02

The automatic exchange of information between Switzerland and the European Union came into effect on Monday. Owning property abroad without declaring it will no longer be possible. The deadline of September 30 ended the possibility of coming forward voluntarily, reported Swiss public television, RTS, on Sunday. For latecomers who have assets outside Switzerland and who failed to declare them, doing so now can no longer be considered voluntary.

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Kevin Toland, CEO Aryzta

2018-10-01

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Kevin Toland will bei Aryzta mit zahlreichen Massnahmen das Ruder herumreissen. Der Problemkonzern steht vor grossen Herausforderungen und muss als nächstes eine umstrittene Kapitalerhöhung in Angriff nehmen.

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Zermatt’s new tri-cable car system

2018-10-01

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After more than two years of work and CHF52 million ($53 million), the world’s highest “3S” cable car system was inaugurated Saturday in southern Switzerland’s Zermatt resort. — 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. …

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Switzerland increases employment permits for non-EU workers

2018-10-01

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2018-10-01

The Swiss authorities have responded to demands from companies and cantons for access to highly-skilled employees by granting 1,000 extra permits for workers that come from outside the European Union from next year. From 2019, firms will be able to recruit 8,500 foreign workers from countries such as the United States, China and India.

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Swiss no longer in top ten in world university ranking

2018-09-30

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2018-09-30

The Federal Institute of Technology in Zurich (ETH Zurich) remains the best university in continental Europe, despite slipping one place to 11th in the Times Higher Education World University Rankings 2019. The list, which was released on Wednesday, scores 1,250 universities on five main criteria: teaching, research, citations, industry income and international outlook. Over 20,000 responses to a survey from 2017 and 2018 on reputation of the...

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UBS lays out cities most at risk of overheated property markets

2018-09-29

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2018-09-29

An index by Swiss bank UBS shows significant risks of real estate bubbles in booming cities such as Hong Kong, Munich and Toronto. The Swiss cities of Zurich and Geneva remain relatively stable.The 2018 Global Real Estate Bubble Indexexternal link, published on Thursday, found that bubble (or overvaluation) risk soared in Munich, Amsterdam and Hong Kong over the past year; the latter tops the scale as most at risk.The report also pointed to...

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