Robo-advice is less popular than financial advisers, friends or even the internet, according to research published today (31 May). Despite an increased focus on using computer programmes and automation in financial decision-making, most consumers do not feel comfortable with this new technology.
Donald Trump aims to overhaul the financial services system's regulation in order to simplify lending process for banks. In your opinion, is this intention reasonable? Why? That is obviously not a simple question to answer for the reason that a reform of the financial regulatory system in terms of changing the Dodd-Frank needs to be done, but I do not think an overhaul is indeed necessary. What needs to happen is the implementation of some sort of regulations for small to mid-size banks, while regulations for large banks make sense for the most part. A few larger banks here and there need to be reviewed, but the simple fact is that by requiring significantly greater capital, the system is much more stable than it had been and it has been able to withstand the shock and not get into the kind of problems it faced ten years ago. When we talk about reforming the regulatory system, it needs to be done with an eye towards small and mid-size banks, not large banks. Unfortunately, the focus of attention is on larger banks, because they have more money in the government.
A district court in northern Switzerland's Zurich on Monday gave a Swiss man a suspended sentence and a 4,000 CHF (4,000 U.S. dollars) fine in a defamation case which involved him "liking" on Facebook posts, local media reported on Tuesday. The 45-year-old defendant was found guilty of defamation for his liking posted on Facebook that accused an animal rights activist of racism and anti-Semitism, the Swissinfo reported.
Long-term planning is typically Chinese, and the great increase in indebtedness in China is not an accident. Western commentators are quite right to note that debt has recently increased tremendously in the land under Beijing`s control, but they seem to be missing the point. The PBoC wants the renminbi to become the leading global currency, and this plan must obviously have been approved by the all-mighty Party.
WhiteScope, an independent provider of cyber security services and training, has just released research that shows that pacemaker programmers, from four major manufacturers, have 8,000 bugs that leave them vulnerable to hacking. More importantly, the researchers said they've also discovered that pacemakers don't authenticate programmers, so any working tool listed on eBay has the potential to harm patients with the implant. “Any pacemaker programmer can reprogram any pacemaker from the same manufacturer.This shows one of the areas where patient care influenced cybersecurity posture.” wrote the researchers in their summary.
The Swedish and New Zealand housing markets are the most at risk of a correction among the so-called G-10 economies, according to Goldman Sachs. In a report on house prices in G-10 nations - those with the 10 most-traded currencies in the world - Goldman finds they are most elevated in small, open economies such as Sweden and New Zealand. A graph in the report shows that New Zealand’s probability of a housing bust is just above 40 per cent, while Sweden’s is just above 35 per cent. The risk of a bust in Canada is about 30 per cent, while in Norway, Australia and Switzerland the probability is assessed at 20-25 per cent.
Switzerland's Classic Factory has announced a sleek, limited-production four-door electric car that will provide exclusivity and ultra-performance to well-heeled EV customers. The Elextra electric car will be exclusive, with plans for just 100 to be hand-built in Germany. It will also be powerful and quick, to match its Italian looks. Elextra's two electric motors provide all-wheel drive, with torque independently distributed to the front and rear wheels for better traction. With a combined peak 680 horsepower, the car will sprint from a stop to 62 miles per hour in under 2.3 seconds. Top speed is limited, though, to 155 miles per hour.
Picking Alpha interview with Dame Ellen MacArthur, Founder, Ellen MacArthur Foundation. This interview was taken at the 10th Annual Forum For Agriculture in Brussels, Belgium. FFA, organized by Syngenta and European Land Owners Organization, is the leading agricultural forum in Brussels, that brings together the greatest trend setters in agriculture and agri policy from all over the world. Ellen MacArthur answers the following questions about Circular Economy:
Singapore said Tuesday it had fined Credit Suisse and United Overseas Bank (UOB), a local lender, for breaches of the city-state's anti-money laundering laws relating to a corruption scandal at Malaysian state fund 1MDB. The Monetary Authority of Singapore (MAS), the country's central bank, said it also imposed lifetime bans on two bankers and a 15-year prohibition order on a third following a two-year review of lenders involved in 1MDB-related transactions.
MiFID II (Markets in Financial Instruments Directive II) aims to ensure financial stability in the European Union member states by improving accountability and transparency in the financial system. Just in few months it will be mandatory for every European Institution to comply with its regulations. Picking Alpha has talked to Karel Lannoo, CEO of CEPS, one of European leading think tanks on what markets can expect from MiFID II.
Cet événement, organisé par Business and Professional Women (BPW) Switzerland, le magazine L'Agef
La relazione con le banche, le aspettative delle parti e le problematiche pratiche
Trust, fondazioni e altri istituti di pianificazione
Die Investora Zürich bringt das Top-Management von börsenkotierten Schweizer Firmen mit Small- und
Dieser Intensivkurs bietet Ihnen praxisorientierten Uberblick der modernen konzepte, die Sie als ins
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