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.

Anticipating future technologies for humanity’s well-being

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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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