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. […]
Switzerland withdraws its application for EU membership
Back in the days when mobile phones looked like the one pictured below, the Swiss voted on whether to join the EEA (European Economic Area), a precursor to EU membership. On 6 December 1992, 78.9% of Swiss voters turned out to vote, the highest turnout seen in Switzerland over the last 45 years. The traditional voting divide between French […]
Brits in Switzerland say Brexit won’t mean freedom from Brussels
Brought to you by Investec Switzerland. Brexit backers who hold Switzerland as a model for the U.K. outside the European Union won’t find much support from British expatriates living in Geneva. Attending a British-Swiss Chamber of Commerce event addressed by the head of the “Leave” campaign recently at Geneva’s Mandarin Oriental hotel, most said the […]