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Switzerland Financial News is an EIN News Service for political professionals. Constantly updated news and information about Switzerland EU Politics.
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Latest Switzerland Financial News

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  • Islamic Finance: Where To? 28 Nov 2009 15:52 GMT
    ... domino fall of major US banks and financial houses poses a question about long-run sustainability ... opportunity to expand its appeal beyond Muslim investors, as a haven from speculative excess. Surprisngly, ... United Kingdom, Faisal Private Bank (2006) in Switzerland, and many more throughout the world. Apart ...

  • Dubai default fears spook investors 28 Nov 2009 04:31 GMT
    ... Bank stocks tumble on fears over exposure to Dubai ... of the lingering damage wrought by the financial crisis. Banking stocks tumbled on concern about ... at 74.61. Another so-called haven currency, the Swiss franc, fell back after rumours swirled that ...

  • Swiss govt asks House to approve new tax treaties 28 Nov 2009 05:41 GMT
    ... The Swiss government asked Parliament on Friday to approve ... subject to an optional referendum. The Swiss finance department said in a statement the initial ... approval before the end of January 2010. Switzerland was removed from an OECD "grey list" ...

  • Hedge funds mull ditching UK for Switzerland, Asia 28 Nov 2009 04:36 GMT
    ... London for the less-regulated alpine air of Switzerland or the emerging markets of Asia as ... city that has long been Europe's undisputed financial capital. "The mood music has gone very ... in Geneva, moving 50 staff to the Swiss city. Another fund, Brevan Howard, also plans ...

  • Swiss private bank UBP considering acquisitions 28 Nov 2009 14:52 GMT
    ... * Acquisitions under review, focus on organic growth * ... opportunities in Asia GENEVA, Nov 28 - Swiss private bank Union Bancaire Privee [UBP.UL] is ... taking advantage of the recent upheavals in financial markets to make acquisitions, its chief executive ...

  • More government money for swissinfo.ch? 28 Nov 2009 11:31 GMT
    ... The Swiss federal government is being asked to consider ... to consider increasing its contribution to the financing of swissinfo.ch as its parent company faces ...

  • Hungarian central bank cuts base rate from 10 to 9.5 per cent 28 Nov 2009 14:12 GMT
    ... Budapest - The Hungarian National Bank cut its base ... are denominated in foreign currencies, primarily the Swiss franc. Many Hungarians are already worrying about ... base rates against the necessity of maintaining financial stability. (dpa) ...

  • Novartis Gains Rights To Two Oral Targeted Investigational Therapies Focusing On Patients With Life-threatening Blood Disorders And Cancers 28 Nov 2009 08:54 GMT
    ... gained exclusive rights to two oral targeted investigational therapies for patients with a range of ... that Novartis will achieve any particular future financial results or future growth rates or that ... activities throughout the Group. Headquartered in Basel, Switzerland, Novartis Group companies employ approximately 99,000 full-time-equivalent ...

  • Stocks Market Bearish Visions 28 Nov 2009 15:56 GMT
    ... the Dow Jones Industrial Average include banks, financial services, insurance, commercial real estate, and the ... of , here's a chart of the Investors Intelligence percentage bears: It may seem like ... standard while others left it (e.g., England, Switzerland). We were also a creditor nation rather ...

  • UBS will keep lower profile at Art Basel Miami Beach 28 Nov 2009 08:48 GMT
    ... UBS will keep lower profile at Art Basel Miami Beach ... champagne are over. UBS AG, the beleaguered Swiss banking giant, remains the main sponsor of ... profile. Hit by steep losses from the financial crisis and a tarnished image after its ...

  • How Madoff led his lambs to the slaughter 28 Nov 2009 16:52 GMT
    ... billions of dollars out of his fellow financial experts, close friends and even members of ... in the early 20th century, involve paying investors out of their own or other investors' ... LeBor, who previously explored the relationship between Switzerland and Nazi Germany in Hitler's "I just ...

  • Battered sharemarkets recover as Dubai shock eases ' for now 28 Nov 2009 01:34 GMT
    ... the Thanksgiving holiday and the weekend as investors reacted to the global selloff triggered by ... Dubai has attempted to restore confidence in financial markets by saying the shock announcement was ... lost ground. UBS shares climbed 2.8% in Switzerland and UniCredit rose 3.6% in Milan. The ...

  • Battered markets recover as Dubai shock eases ' for now 28 Nov 2009 04:36 GMT
    ... the Thanksgiving holiday and the weekend as investors reacted to the global selloff triggered by ... Dubai has attempted to restore confidence in financial markets by saying the shock announcement was ... lost ground. UBS shares climbed 2.8% in Switzerland and UniCredit rose 3.6% in Milan. The ...

  • At Rolex, a Year of Challenges (Yesterday) 28 Nov 2009 06:33 GMT
    ... perhaps the most immediately recognized name in Swiss watchmaking, remains bullish about the future. "Despite ... group of 200 guests invited to Bienne, Switzerland, for the laying of the foundation stone ... at that rare public appearance about the financial health of the company, Mr. Meier said, ...

  • The Watchmakers' Time Bomb (Yesterday) 28 Nov 2009 06:33 GMT
    ... work during school time, but today in Switzerland you have barely 2,700 hours; other countries, ... nine months to complete the servicing. "The Swiss watch industry is actually quite lucky, because ... site. You'll get exclusive sports content, opinion, financial information, discounts from retailers and restaurants, and ...


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