Marie Owens Thomsen, chief economist at Indosuez Wealth Management, assesses the crisis in Turkey and believes the country will eventually need some external support. She’s not concerned it will have a major impact on Switzerland, as the Swiss National Bank will step in to prevent the appreciation of the Swiss franc.
Didier Denat, head of corporate and investment banking Switzerland at Credit Suisse, sees the need to create a better ecosystem for entrepreneurs. In his view, Switzerland is great at creating start-ups but lags behind when it comes to promoting them.
According to François Savary, chief investment officer at Prime Partners, the European Central Bank could, amid signs of recession, change its monetary policy and provide the banks with more liquidity.
German airline Germania has filed for insolvency, but on Tuesday, its Switzerland-based subsidiary Germania Flug AG announced that it had new investors. Laura Frommberg, founder of the blog Aero Telegraph, suggested that the company should rebrand.
Global dividends ended 2018 at a record high. For Stephanie Butcher, fund manager at Invesco, we will see even higher numbers moving forward as investors look for yields in a low interest-rate environment.
Tesla-supplier Bossard Holding acquired German competitor Bruma, pushing shares over CHF 156. Palladium continued its winning streak and set a record high. And lastly, the SMI reached a high for the year, ending up 0.27 percent to 9,267.46.
Orell Füssli is celebrating 500 years of business. Its most profitable division? It’s not the obvious—selling books—but security printing. CEO Martin Buyle tells us what we can expect for the new 1,000 Swiss franc note and why he doesn’t believe cash, or books, will disappear anytime soon.
Nicolas Bürki, analyst and portfolio manager at Mirabaud Asset Management, still sees difficult market conditions ahead for Swiss banks. Looking at the earnings season in general, he’s seen positive surprises from companies in transformation mode.
The latest trade talks between the U.S. and China impacted world markets in different ways. We take a closer look at that as well as five key stories for next week. The SMI, meanwhile, was up 1.09 percent and finished at 9,242.12.
Despite the global slowdown, Samy Chaar, chief economist at Lombard Odier, does not see a recession in the U.S. In his view, the “open economies” like Switzerland are suffering more as trade flows have slowed down.