Fictitious accounts: a fine of 3 billion for Wells Fargo

Fictitious accounts: a fine of 3 billion for Wells Fargo saturday, 22.02.2020 The fictitious accounts scandal erupted in 2016 and has already resulted in the dismissal of two CEOs, the dismissal of more than 5,300 employees as well as multiple inquiries into the establishment’s business practices. (Keystone) – US authorities confirmed on Friday that they … Read more

Nice surprise for the Neuchâtel Cantonal Bank

Nice surprise for the Neuchâtel Cantonal Bank Wednesday, 19.02.2020 Sophie Marenne The operating profit of the cantonal financial institution swelled by 9.4% to 64.4 million, during the financial year 2019. (Keystone) – With an operating profit of 64.4 million francs for 2019, an increase of 9.4%, the Neuchâtel Cantonal Bank (BCN) had a record year … Read more

Valora is developing favorably in the foodvenience

Valora is developing favorably in the foodvenience Wednesday, 19.02.2020 Philippe Rey Michael Mueller. Valora follows a growth strategy with food as the main lever. – Valora achieved a solid performance in 2019 which confirms the soundness of its development strategy. The stock rose more than 4% on Wednesday, so the market valuation is around 1.1 … Read more

New liquidity injection by China

New liquidity injection by China Monday, 17.02.2020 Julien Staehl * Julien Staehl – The Chinese economy would have run at only 40-50% of its capacity last week. The risk to the global economy is that the coronavirus prevents businesses from operating normally, causing disruptions throughout the production chain and a lack of components. There is … Read more

Banking strike will not be postponed due to ‘economic or financial stability’

AYM General Assembly discussed the CHP’s cancellation application and resolved it. 13 and 54 of the Constitution of the Supreme Court, the expression of ‘economic and financial stability of metropolitan municipalities in urban services, banking services in the banking services’, which is stated in Article 63 of the Trade Unions Law No. 6356 and the … Read more

Frans Imbert-Vier: “There is no longer any sovereignty over 5G antennas”

Frans Imbert-Vier: “There is no longer any sovereignty over 5G antennas” Wednesday, 12.02.2020 Maude Bonvin “If Europe is to remain competitive, it must deploy 5G,” said Ubcom CEO Frans Imbert-Vier. – The deployment of 5G will reduce the risk of breakdown at Swisscom. According to the blue giant, the problem that occurred during the night … Read more

Switzerland to support the IMF up to 15 billion francs

Switzerland to support the IMF up to 15 billion francs Wednesday, 12.02.2020 New borrowing agreements add to IMF regular financial resources, drawn from member countries’ quotas (Keystone) – The Federal Council adopted its message on the reform of borrowing from the International Monetary Fund (IMF) on Wednesday. Switzerland increases its participation to 15 billion francs. … Read more

Coronavirus: Swiss Post no longer forwards letters and parcels to China

Coronavirus: Swiss Post no longer forwards letters and parcels to China Wednesday, 12.02.2020 La Poste can currently only operate around a third of the capacity required for shipments to China (Keystone) – La Poste no longer accepts letters and parcels to China. Because of the coronavirus, many airlines have significantly reduced or even interrupted their … Read more

Samsung to lift the veil on its new smartphones

Samsung to lift the veil on its new smartphones Tuesday, 11.02.2020 SG The Galaxy Z Flip has a flip design reminiscent of first generation cell phones. (Keystone) – South Korean giant Samsung will unveil its new high-end phone, the Galaxy S20, at its official conference in San Francisco. The event can be followed live from … Read more

Bassem Braiki violently struck last night

The case goes back several days. This Saturday, in a restaurant in Saint-Priest, the rapper Sadek was to come and do a showcase, a kind of intimate little concert. But this show had been canceled for fear of overflowing after calls going in this direction, relayed on social networks. At the origin of these calls … Read more