Andreas Britt: «Switzerland Needs a Spy Agency Law»

Andreas Britt

On September 25, Swiss voters will have their say about a new intelligence service act. Voters who cherish their liberties can safely say yes to the new law even if it introduces new, more intrusive methods for the Swiss spy agency, Andreas Britt explains in an essay for finews.first.

Pictet: Half-Year Results Show Difficult Environment

Pictet, profits, results, Nicolas Pictet,

Geneva-based private bank Pictet posted a drop in first-half profits, revenue and assets on Friday. The family-controlled bank is emblematic of the problems currently facing Swiss private banks.

1MDB: Swiss Foundation Challenges DiCaprio

1MDB, Leonardo DiCaprio, Bruno Manser Fund, LDF, Jho Low, Riza Aziz, Najob Razak, Tan King Loong

Hollywood actor Leonardo DiCaprio purportedly received funds from scandal-tarnished Malaysian state fund 1MDB for his environmental foundation. A Swiss foundation devoted to protecting Malaysia's rainforest wants answers.

Standard Chartered Private Bank Head Exits

Standard Chartered's head of Swiss private banking is set to depart after the bank shut down the unit last year, a source familiar with the matter told finews.ch. The British bank's brand will disappear from the Geneva banking landscape next month.

Back With Julius Baer

Michele Porro, Julius Baer

The former Julius Baer manager had left GAM asset management unexpectedly a year ago. Now he's back – at his previous employer, according to research by finews.ch.

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