News

30.05.2016

EU Parliament votes more control over virtual currency

The European Commission could create a task force to regulate virtual currencies like Bitcoin in order to avert the use in money laundering or terrorist financing. Parliament's proposal was approved Thursday, May 26, in a non-binding resolution with 542 votes in favor, 51 against and 11 abstentions. It will now be sent to the European Commission, which must examine it. From the outset, it must be said, the resolution proposes a variety of inefficiency risks or negative balance of the measure.

 
Read More
30.05.2016

KOF Barometer: Swiss economy continues to have a favorable outlook

The outlook for the Swiss economy improved slightly in May: the barometer of the economic research center at ETH Zurich (KOF) stood at 102.9 points, 0.3 points more than in April (revised indicator from 102,7 to 102.6). The figure is in line with forecasts: the analysts interrogated by the agency AWP betting on an index of 102.0 and 103.0 points. Since last February, the barometer is moving steadily above the long-term average: this suggests a continuation of the positive economic development in the coming months, the KOF said in a statement today.

 
Read More
30.05.2016

Behring to trial after 12 years at the TPF

Dieter Behring's trial begins today, Monday,  to the Federal Criminal Court in Bellinzona, and will last until the end of June. The financier Basel is accused of fraud for scam to trade and money laundering; defined the Swiss Madoff, he had damaged 2,000 investors between September 1998 and October 2004, promising to invest safely halt the capital that relied more speculative areas and the other half, to get more returns high. He ended up leaving a chasm of 800 million francs, because in reality the money of new clients was used to repay the previous ones and to fund his lavish lifestyle (up to 600,000 francs autoconcesso salary, watches and jewelery).

 
Read More
30.05.2016

Martin Senn, Former Zurich Insurance CEO, Dies at 59

Martin Senn, 59-year-old and former CEO of Zurich Insurance, has committed suicide. This was announced by the same insurance company in a statement today. "The Martin Senn family informed us that Martin committed suicide last Friday," the company said in a statement. The news of suicide was also reported by the Swiss newspaper Blick, citing sources close to the family. Senn had left, after 6 years, the Zurich Insurance driving last December 1, after the failed attempt of a takeover of the British company RSA.

 
Read More
30.05.2016

Bayer: ready new maxi offer for Monsanto

Bayer is ready to re-launch the tender offer for Monsanto, putting on the table up to 66 billion dollars. The German giant is working on an upward revision of the offer for the American society, after the first rejection. The Bayer commitment on several fronts: in addition to outlining the new offer, the German big works with banks to develop financing for major acquisition in its history. Among the assumptions in the study there is a bridge loan of 40 billion dollars.

 
Read More
30.05.2016

Daimler first in Europe for 2015 Ebit , Roche third

In 2015 the German automotive group Daimler was ranked first among companies in Europe with the best operating results (EBIT), at EUR 13.2 billion (14.6 billion francs). Roche is in third place, followed by Nestlé. Novartis is eighth. The silver medal goes to the Belgian-Brazilian group AB Inbev, with 12.8 billion euro. The swiss pharmaceutical giant full the podium with 12.7 billion. EBIT of Nestlé reached 11.4 billion euro, while the Novartis 8.3 billion. The turnover of large European companies fell by 4% between 2014 and 2015, while profits were 14% contracted.

 
Read More
27.05.2016

Ticino: after BSI another bank under investigation

The money laundering scandal widens again. Tuesday, during a press conference at which the Federal Financial Market Supervisory Authority announced it had ordered the dissolution within 12 months of the BSI, the director Mark Branson spoke of "six other Swiss banks are under investigation for their role in the corruption scandal Petrobras and the Malaysian fund 1MDB ".

 
Read More
27.05.2016

G7: Brexit would be a tragedy for the global economy

A possible output of the UK from the European Union would be "a serious risk to the" global economic growth. The theme of Brexit also enters in the conclusions of the G7 Japan. In the final declaration signed by the seven leaders (including the British David Cameron) it is observed that "the global recovery continues, but growth remains moderate and uneven", and since the last meeting, "the downside risks to the global outlook have increased ".

 
Read More
27.05.2016

FCA recalls 4.3 million cars in the US for airbag problems

FCA announced that Chrysler will recall voluntarily about 4.3 million vehicles produced in past years, between 2004 and 205, to replace the passenger airbag. FCA said in a statement that the recall comes after the notification of defects by the supplier Takata, who alerted the National Highway Traffic Safety Administration (American authority of transport safety supervision). The "prolonged exposure to high levels of humidity and high temperatures may cause deterioration, which could result in failure or malfunction of the airbag". FCA for his part says that it is not "aware of any incident that would involve vehicles subject to the recall campaign".

 
Read More
27.05.2016

Green light for Swiss jobs: +0,6% in first quarter 2016

The results, though provisional (definitive ones are expected in early June) released Friday by the Federal Statistical seem to show an improvement in employment in Switzerland. The number of employed grew by 0.6% in the first quarter, making the comparison with the same period of 2015, but it is a tendency of uneven, as evidenced by the secondary sector down 1.6% while the tertiary sector It recorded + 1.3%.

 
Read More




Events


Semptember 2015
  • 01
    Mar

    The Lead Quantitative & Asset Management Event in Europe

  • 16
    Mar

    Das Swiss Funds & Asset Management Forum ist die national führende Konferenz der Fonds- und Asset M

  • 20
    Mar

    Seize the opportunity to get up to date on the topics of secondary buyouts, the real estate bubble,

  • 15
    May

    The aim of this forum is to offer an additional incentive for pension fund representatives to visit

  • 06
    Jun

    The aim of this forum is to offer an additional incentive for pension fund representatives to visit

See All

newsletter

Updates and news from MarketPlus