Brought to you by Investec Switzerland. Just a month ago, Credit Suisse CEO Tidjane Thiam and Deutsche Bank CEO John Cryan risked, as one hedge fund manager put it, becoming the dead men walking of European banking as they struggled to shore up their firms’ profitability. Thursday’s results from Credit Suisse suggest Thiam may escape […]
Swiss post to accept cards from other banks, but there’s a catch
Tages Anzeiger. Anyone new to Switzerland may be surprised to find that the only way to pay in Swiss post offices is with cash, unless you have a Swiss Post card. The Tages Anzeiger reported that the company has started experimenting with debit card payments in two post offices. One in Zollikofen in the canton of […]
New ice rink in Geneva
Tribune de Genève. It might be the middle of summer, but an association representing those who use the baths in Pâquis, recently made a formal request for permission to build a temporary ice rink during Geneva’s winter months. If everything goes to plan, the facility could open this November. According to association coordinator, Philippe Constantin, […]
Swiss solar plane completes 43,000 km round-the-world flight
Early this morning, the solar powered plane, Solar Impulse II, piloted by Bertrand Piccard, landed in Abu Dhabi in the United Arab Emirates, completing a full circuit of the globe. The aircraft’s 17-leg journey involved 23 days of flying, covering a distance of 43,041 kilometres. Piccard took off from Egypt and arrived in Abu Dhabi […]
Luc Hoffmann, co-founder of the World Wildlife Foundation dies
Born in Basel, Switzerland, in 1923, Luc Hoffmann, co-founder of the World Wildlife Foundation (WWF) and grandson of one of the founders of Hoffmann-Laroche, now known as the pharmaceutical giant Roche, died at his home in southern France on 22 July 2016. Hoffmann co-founded WWF in 1961 and was the foundation’s first vice president until […]
How two dog bones cost a family 17 francs in Swiss customs charges
Tribune de Genève. A family from Geneva was recently hit with an unexpected bill at the Swiss customs post at Bardonnex according to Tribune de Genève. Returning from their holiday in Italy, the family was hit with a customs bill of around ten times the value of the bones they had bought for their dog. […]
Montreux and Vevey viewed from a drone
This breathtaking video was shot from a drone at the Montreux end of Lake Geneva in Switzerland by Thierry & Filipe at Let’s Go Flight. For more stories like this on Switzerland follow us on Facebook and Twitter.
What Switzerland must do in the face of terrorism
Tribune de Genève. After the terrorist attack in Nice, Geneva state councillor in charge of security, Pierre Maudet, is calling for better police training in the face of the danger posed by jihadists. He told the Swiss newspaper Schweiz am Sonntag, that specialised antiterrorism training of police personnel is required so officers can neutralise terrorists immediately when […]
Roche CEO worried about U.K. drug research following Brexit
Brought to you by Investec Switzerland. The U.K.’s decision to leave the European Union poses a threat to research and development in the pharmaceutical industry, Roche Holding AG Chief Executive Officer Severin Schwan said. A departure would mean the country would have to set up its own system for approving drugs for sale, a job […]
Swiss markets fluctuate on earnings data
22 July 2016 – Swiss and global market roundup. Brought to you by Investec Switzerland. The Swiss Market Index is set to finish the week slightly higher as investors digest second quarter earnings reports and central bank policy announcements. Global financial markets showed resilience this week following the failed coup attempt in Turkey over the weekend. […]
