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Switzerland

June 3, 2013

Switzerland has a foundation for every 650 people, but what is it that makes it such an important centre for them?

Inselspital, one of Switzerland’s leading hospitals, started caring for patients back in the 14th century, making it one of the oldest hospitals in Europe.

May 30, 2013

Swiss banks are coming to terms with a world with less banking secrecy. But are they adapting fast enough to a public that wants more transparency?

It’s hard to know what makes a bank safe from collapse these days. The financial crisis a few years back turned everything on its head. But there are things a bank can do – you would hope – that can help stave off collapse.

April 4, 2013

Thomas Minder runs a third-generation Swiss family business making herbal toothpaste – his commitment to the family business is admirable, but he is more likely to be remembered for starting a revolt against excessive executive pay. 

Thomas Minder runs a third-generation Swiss family business that makes herbal toothpaste. Although Minder’s achievements in nurturing the family business are admirable, to the wider public he’s likely to be known for something a bit more important.

Minder has started a revolt against the excesses of executive pay in Switzerland that might be one of the biggest revolutions to happen in the area in the past few decades.

March 18, 2013

It may be the world's largest watchmaker with revenues of CHF8.1 billion last year (€6.7 billion), but you can't accuse Swatch Group of losing touch with its roots.

It may be the world's largest watchmaker with revenues of CHF8.1 billion last year (€6.7 billion), but you can't accuse Swatch Group of losing touch with its roots.

The family business is very proud of its heritage – indeed, it owes its success to the high-quality clockwork synonymous with the Alpine nation.

So, in a drive to celebrate all things Swiss as part of its 30th birthday celebrations, Swatch has published a Swiss-German version of its 220-page annual report – who says accountancy can't be fun?

March 29, 2012

How much do family offices pay? Few seem to know, but through an extensive survey of the sector in the UK and Switzerland, CampdenFO in association with the executive search firm Sulger Buel & Company reveals just how much offices are compensating their top staff. The numbers make fascinating reading.

If family offices are considered part of the financial services industry, then how much they are paying their senior managers is arguably the least transparent of the entire sector. That of course suits family offices, which for the most part guard their confidentiality more than most other areas of the financial services sector. But things are opening up.

December 30, 2011

Swiss government rules restricting foreigners from buying properties in the country are not deterring wealthy Europeans, according to Alpine Homes.

Swiss government rules restricting foreigners from buying properties in the country are not deterring wealthy Europeans, according to Alpine Homes.

Jeremy Rollason, managing director of the property company, which is Savills’ agent for Switzerland and the Alps, said Switzerland remains the most popular European country for ski properties among Europe's ultra-high net worth individuals, with buyers seeing Swiss property as a safe investment.

August 25, 2011

Most ultra-high net worth individuals and members of family businesses and offices are unlikely to be affected by the new tax agreement between the UK and Switzerland, which aims to tackle offshore tax evasion, despite reports to the contrary, according to a top London lawyer. 

Most ultra-high net worth individuals and members of family businesses and offices are unlikely to be affected by the new tax agreement between the UK and Switzerland, which aims to tackle offshore tax evasion, despite reports to the contrary, according to a top London lawyer.

March 16, 2011

Spas go back thousands of years – today they are more popular than ever. Claire Adler looks at some of the most exclusive ones in Europe

Roman emperors liked spas. Emperor Marcus Agrippa is credited with building the first thermae, or hot baths, around 25BC. Not to be overshadowed, emperors Nero, Titus and Constantine continuing the theme, building spas to gain favour with their citizens and as memorials to their rule.

March 2, 2011

Swiss bank UBS has made a number of appointments to its private banking business in what looks to be an effort on its part to improve relations with the US. The private banking business has also for the first time appointed a chief investment officer.

Swiss bank UBS has made a number of appointments to its private banking business in what looks to be an effort on its part to improve relations with the US. The private banking business has also for the first time appointed a chief investment officer.

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