Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 171 - 180 of 238 results for "Switzerland"

Buy the headline, sell the headline

BENJAMIN ONG  |  TUESDAY, 8 NOV 2011
... Stark Predicts EU Crisis to Be Controlled". ECB executive board member Jurgen Stark told his audience in Lucerne, Switzerland that he expects the debt crisis to be under control within two years. But while this remains a matter of hope - and faith - ...

Credit Suisse: Aus second highest average wealth in the world

CLAIRE MCGREAL  |  THURSDAY, 20 OCT 2011
Australia has the second highest average wealth in the world at US $397,000 behind only Switzerland with US $540,010. The Credit Suisse 2011 Global Wealth report, which surveyed the world's 4.5 billion adults, also revealed that Australia's median wealth ...

APRA executive appointed secretary general of Basel

CLAIRE MCGREAL  |  FRIDAY, 14 OCT 2011
... institutions division for the past seven years and will now head up the Secretariat of the Basel Committee based in Switzerland. "Mr Byres' appointment is a tribute to his personal qualities and the skills and experience he has gained over more than ...

SG increase the key to global pension top spot

ELISE BURGESS  |  WEDNESDAY, 12 OCT 2011
... Mercer Global Pension Index, Netherlands has the best pension system in the world, with Australia coming in second and Switzerland third. Mercer Senior Partner and author of the report, David Knox, told Financial Standard Australia jumped two places ...

UBS CEO resigns over rogue trading scandal

RACHEL DAVIS  |  MONDAY, 26 SEP 2011
... billion. Sergio Ermotti has been named group chief executive on an interim basis, following GrA1/4bel's resignation from Switzerland's largest bank. The announcement comes only nine days after the arrest of Kweku Adoboli, the UBS 'rogue' trader accused ...

Waiting and hoping

BENJAMIN ONG  |  MONDAY, 19 SEP 2011
... markets' positive reaction to the concerted action by the central banks of the US, the Eurozone, England, Japan and Switzerland to extend liquidity to European banks suggests that financial markets are not averse to more stimulus measures and are just ...

Market Wrap - Morning

AAP  |  FRIDAY, 16 SEP 2011
... European Central Bank announced it would, in cooperation with the central banks of the United States, Britain, Japan and Switzerland, provide three-month dollar loans to European banks. The central bank announcement boosted the euro, making dollar-priced ...

Not looking good

BENJAMIN ONG  |  MONDAY, 12 SEP 2011
... underscoring the rift at the top echelons of the ECB. The extent of the European malaise is such that even healthy Switzerland is forced into action. The Swiss central bank announced last week that it would not allow its currency to appreciate beyond ...

Market Wrap - Morning

AAP  |  TUESDAY, 6 SEP 2011
... recession. Italy's UniCredit fell 7.30 per cent to 0.832 euros and Intesa Sanpaolo dropped 6.96 per cent to 1.029 euros. In Switzerland, Credit Suisse fell 8.13 per cent to 19.99 francs and UBS lost 6.52 per cent to close at 10.32 per share. Spain's ...

Market Wrap - Morning

AAP  |  THURSDAY, 11 AUG 2011
... lost 1.25 per cent. In Amsterdam, the AEX index slid 3.41 per cent, in Brussels the Bel-20 fell 2.92 per cent and in Switzerland the SMI index dropped 4.12 per cent. Russia's two main markets reversed early gains to close down more than four per cent ...