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.
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Transport operators told to pay back millions in state subsidies

2020-03-01

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2020-03-01

Two more Swiss state-owned transport companies have been ordered to pay back more than CHF50 million ($51 million) in wrongly claimed subsidies. The authorities are also looking into the possibility of criminal prosecutions in connection with the worsening subsidies scandal.

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Close to one fifth of households in Switzerland behind on debt payments

2020-02-29

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2020-02-29

In 2017, 18.9% of Switzerland’s population lived in a household with outstanding debt repayments, a percentage that has rose from 17.7% over the proceeding 4 years. The most common forms of outstanding debts were taxes, health insurance premiums and phone bills. 9.9% of households had outstanding tax payments, 7.3% owed health insurance money and 5.2% had an outstanding telecommunications bill.

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Swiss business takes on global waste

2020-02-29

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2020-02-29

Mr. Green, a recycling subscription service with a social mission, has been a big hit with busy families and businesses in cities in Switzerland. But can it work in Africa? Swiss entrepreneur Keiran Smith had no connection with Kenya before starting Mr. Green Africa.

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Geneva watch fair cancelled over coronavirus fears

2020-02-28

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2020-02-28

The organisers of Watches & Wonders Geneva – the former Salon International de la Haute Horlogerie (SIHH) - have cancelled their annual watch fair due to take place from April 25-29, amid fears over the new coronavirus outbreak.

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Transforming trauma into creative expression | The power of art

2020-02-27

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“You put a page and a pencil in front of one of our learners and sometimes they struggle to just make a mark. Because to make a mark is to make yourself vulnerable, and there’s no space for vulnerability where they live.” To appreciate the tranformative power of art, watch as some 15,000 pieces of …

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Should rail commuter data be monetised through advertising?

2020-02-26

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2020-02-26

Swiss Federal Railways is coming under fire for using the personal data of commuters for advertising purposes. The data commissioner and a watchdog group have sounded the alarm bell as the volume of data being harnessed grows.

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Young Professionals Revolution Bike Handover – Kagiso

2020-02-26

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Investec empowered 36 aspiring entrepreneurs in the Young Professionals Revolution. In October 2019, Investec Private Banking, in partnership with Qhubeka and enke: Make Your Mark, handed over 40 bikes to 36 aspiring South African entrepreneurs, who will be starting up small businesses within the Kagiso community, west of Johannesburg. This forms part of the Young …

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Inside Out of the Ordinary Episode VII – Possibility

2020-02-25

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“If it weren’t for education, I think my life would have turned out very differently. The force of progress will continue to sweep everything aside, my life is such an example,” says Investec CEO Fani Titi in this introduction to the Inside Out of the Ordinary film series. In this episode, Fani shares his life’s …

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Unions say anti-EU initiative is bad for workers

2020-02-25

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2020-02-25

Trade unions have come out against the initiative to scrap the freedom of movement agreement with the European Union, saying a “yes” vote would be “an attack on all workers”. Accepting the right-wing proposal would lead to a situation whereby “collective agreements and wage checks would be replaced by an unfettered competition of all against all,” Swiss Trade Union Federation boss Pierre-Yves Maillard said on Monday.

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Alex Danson: My Hidden Story (trailer)

2020-02-24

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17 months after suffering a mild traumatic brain injury, former GB and England women’s hockey captain and Olympic gold medalist, Alex Danson, shares her story about her ongoing road to recovery.

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Alex Danson: My Hidden Story

2020-02-24

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“I once thought that I wouldn’t be well enough to tell this story.” Distinctive performance is about overcoming your battles as well as being at the top of your game. After suffering a mild traumatic brain injury 17 months ago, former GB and England hockey player Alex Danson partnered with Investec to share her journey … Continue reading...

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When It Comes to Raw Power, Few Have More of It Than Central Bankers

2020-02-24

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2020-02-24

A common retort to the claim that in voluntary exchange both parties expect to become better off (or they wouldn’t do it) is that exchanges are seldom, if ever, a matter of horizontal, equal exchange of values. Instead, any such interaction between people is ultimately a matter of their exercising power over one another. The implication, and often explicitly stated conclusion, is that there is no voluntariness, that exploitation is always present,...

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Swiss Post stops accepting parcels and letters to China

2020-02-23

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2020-02-23

Swiss Post has said it will no longer accept packages addressed to China, according to Tribune de Genève. Because of the covid-19 virus, airlines have stopped or drastically reduced flights to China. This fall in air traffic has reduced postal service capacity to China by two thirds.

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Swiss digital stock exchange offers partners ownership stake

2020-02-23

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2020-02-23

The Swiss stock exchange is offering strategic partners a stake of up to 30% in its new digital assets trading platform. The SDX digital exchange hopes to launch by the end of this year, trading digital shares, bonds and other assets on a distributed ledger technology (DLT) platform.

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#swihack Live Stream of presentations

2020-02-22

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On location at #swihack Multilingual Journalism Hackathon organized by Swissinfo For more information, please visit https://swihack.ch --- 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:...

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#swihack Live Stream of presentations

2020-02-22

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On location at #swihack Multilingual Journalism Hackathon organized by Swissinfo For more information, please visit https://swihack.ch — 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 …

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Ermotti’s UBS record: solid but not all plain sailing

2020-02-22

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2020-02-22

Sergio Ermotti arrived at UBS in 2011 during a dark chapter in the history of Switzerland’s largest bank. He will depart in November, nine years later, with a reputation for injecting greater stability but not for stamping out controversy. Ironically, UBS arguably faces some greater challenges than cross-town rival Credit Suisse, where earlier this month former CEO Tidjane Thiam was forced to step down unceremoniously following an internal spying...

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Credit Suisse MD Dies In Freak Accident After Slipping Through Chairlift And Being Suffocated By His Own Jacket

2020-02-22

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2020-02-22

Almost exactly 10 years ago, we detailed the tragic death of Gerard Reilly in a skiing accident - the point man on Repo 105, the point person for E&Y's "investigation" into the Matthew Lee whistleblower campaign, Lehman's Level 2 and Level 3 asset valuation, the brain behind the idea to spin off Lehman's commercial real estate business, Lehman's Archstone investment, and likely so much more.

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Inside Out of the Ordinary Episode VI – Wisdom

2020-02-21

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“You could be bright but not necessarily wise, but to be wise I think one needs the knowledge that comes with experience and the testing ground that a life of work gives you.” Prof Brian Kantor, Chair of the Investec Wealth & Investment Research Institute, explains how investment knowledge comes from immersing yourself in the …

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Inside Out of the Ordinary Episode V – Objectivity

2020-02-21

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“If you take an approach that is too hard-nosed and too objective, going down a single track, you will miss a lot of what moves markets.” Philip Shaw, Chief Economist, Investec UK, talks about the importance of objectivity and humanity in investing. Watch the full series here: https://invest.ec/2Pbnhzn #InsideOOTO

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