Tag Archives: Editor’s Choice

Investec Switzerland. Last October, Credit Suisse Group AG Chief Executive Officer Tidjane Thiam called two of his bank’s businesses the “ugly ducklings that no one likes.” He’s just been reminded why. © Simon Zenger | Dreamstime.com The Zurich-based lender’s units that trade corporate bonds and securitized products contributed about $500 million in so- called mark-to-market losses in the fourth quarter of 2015, according to the bank’s presentation to investors. That...

Investec Switzerland. Switzerland is welcoming ChemChina’s $43 billion takeover of Syngenta SA, the Alpine nation’s biggest-ever deal, with open arms. © Dusan Kostic | Dreamstime.com The only continental European country to strike a free-trade agreement with China, Switzerland has long been an attractive hunting ground for companies from the Asian giant. Unlike the U.S., which has blocked Chinese deals and where the ChemChina’s Syngenta purchase may face regulatory...

Switzerland was placed fourth globally in the 2016 Economic Freedom index published by the Heritage Foundation on Monday. One of only five countries declared economically free, Switzerland ranked top in Europe and was the only country in the top five not to lose any ground. In fact it improved by half a point. 178 countries were ranked and the average score was 60.7. The overall rankings can be seen here. Why did Switzerland score so well? With an overall score of 81 out of 100, Switzerland...