Private household wealth has declined for the first time since the financial crisis. Dollar appreciation, inflation, and stock market declines over the past year all had a role in setting the stage for this. This is the finding of the Credit Suisse Research Institute's first-ever presentation as a part of UBS of what is likely the most thorough research of global wealth creation.
When it comes to protecting one's financial anonymity, many think immediately of the Swiss banking secrecy. Since the introduction of the international exchange of information on bank data, Swiss banking secrecy has lost its prominence. Read on to see what has changed in this regard.
The digitization of financial markets has brought about exciting and rapid changes. In order to inform people about the latest developments, more and more events are being organised in this area. So if you want to expand your knowledge in the fields of fintech, digitization, or asset management, here is a list of the most important European events for September and October 2023.
The history of Swiss private banks dates back more than 250 years. Thanks to its optimal geographical location, good connections with other regions, and neutrality, a stable banking system has been established over the past centuries.
Innosuisse is directly subordinated to the Swiss Confederation. In 2022 alone, CHF 268 million in funding contributions have been paid out for a variety of projects.
The first half of 2023 sees the Swiss International Air Lines once more produce positive numbers. The airline made 2.5 billion Swiss francs in revenue, matching its previous pandemic-free first half of 2019. Swiss' operational profit increased to 338.3 million, a mere 40% increase over the same period in 2019.
As Apple wants to get the image of an apple patented, and so in Switzerland, the group encounters resistance, especially from the ranks of apple growers. What exactly happened, and why was the case brought before the Federal Administrative Court?
Swiss Emmental is known and loved all over the world. With its hearty, spicy, and nutty flavour, it is no wonder that it is the perfect snack or side dish to round off a meal. However, only a few people know the history of this traditional cheese.

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