Latest News - Finance - Switzerland

By following a systematic five step process private investors can identify the right wealth manager for their specific needs as detailed in the new MyPrivateBanking.com guide “Choosing the Right Wealth Managers”.

DDX allows all people with a Swiss mobile phone number to make contributions to listed civil society companies via SMS or Text Message. Agreements have just been signed with the Swiss-based mobile telephone operators SWISSCOM, ORANGE, and SUNRISE

CH Devisen Macht, an established Forex Broker in the Swiss forex trading market, announces an array of features that surely will make life a lot easier for forex traders.

The equity fund returns of the 15 biggest wealth managers and banks worldwide are mostly worse than the respective benchmark indices. During the last 5 years about 80% of the funds have returned below average returns.

Gold reaches a record high on news of future inflation.

Clients of investment advisors and private banks often pay too much for asset management. MyPrivateBanking.com's free guide explains cost drivers and pricing models of distributors of investment products and how clients can cut costs.

Kaiser Ritter Partner Financial Advisors offers long-term wealth management solutions especially for US clients and competently accompanies any US voluntary disclosure

MyPrivateBanking.com has created the largest free online database of private banks and wealth managers from across the world. Detailed data on more than 500 providers from 60 countries plus ratings allow clients an easier search and selection.

ICS Corporate Services SA is hosting an art competition for children from 6 – 15 as part of their 10 year celebrations. On the weekend of 12 & 13 September 2009 ICS offices will be open for an art workshop with participation of professional artists

GFX’s newest offering means that novice and experts alike can trade on the industry’s most popular platform, with the security of a supervised Swiss broker.

Switzerland, Geneva – 31 July, 2009 – ICS, a Geneva-based fiduciary firm, expert in financial, fiscal, accounting and human resource services, for local and international companies, announces the appointment of Mark Temperley as Senior Manager.

Xtentus Ltd. signs an agreement with semantic system ag that will allow Xtentus the rights to develop, use, and market TRATEK, an intelligent financial trading platform that is based on semantic system’s ai-one™ powered Graphalizer product.

Whichoffshore.com, the internet's most trusted unbiased review of the offshore world, will now add expatriate bank accounts and offshore savings accounts to its range of reviewed products, making informed decisions easier to make.

Too important to fail - Do not miss the unique Webcast about Project Risks and instruments to manage them

Founded in 2004 by a team with more than 20 years’ experience in the planning of trading systems, Marvelsoft offers a complete range of IT services to agency brokers and financial institutions in Europe and the US.

New capital allocations which Finvest Asset Management will be imminently pursuing, will result in about 50,000 jobs. The beneficiaries will be companies which require capital.

In line with Finvest Asset Management's strategic policy to expand its pure equity and fund of funds activity, the firm will wind down the Finvest Primer fund, and return all allocations to its investors.

In line with its policy decision it took over a year ago to exit the United States, Finvest Fund Management has successfully concluded the winding down process of the U.S. segment of the Finvest Yankee fund and returned cash to investors.

By March 2009, all Swiss Forex Brokers will be required to submit their application to the Swiss Federal Banking Commission in view of obtaining a Banking License.

On the heels of a $2.5 billion equity mandate which Finvest Asset Management won several weeks ago, the firm has already taken active steps to allocate capital to several companies.

Philadelphia – Moggle (OTC BB: MMOG) Today filed a Form 8-K with the U.S. SEC announcing agreements with RCF SA (Lugano, Switzerland) and Alexander David Securities (London, UK).

Based on Finvest Asset Management's strategic plan to expand European operations, the firm has exited its U.S. presence. The decision was a management decision which was made over a year ago.

Indicative of the positive spin-off which the market pullback is creating, Finvest Asset Management recently announced that it has been awarded a $2.5 billion allocation for investment in private equity.

Addressing suitability for 130/30 portfolio strategy for endowment and pension funds

In light of the higher risks which are sweeping global markets, Finvest Asset Management is set to launch a new capital protected offering for investors who are seeking to generate annual returns of between 12-20 percent in a low risk structure.

Invest Bank, UAE, signed up with IRIS integrated risk management AG, Switzerland for a three year Basel II consultancy support to implement the Basel II advanced approaches, following successful implementation of the standardized approach.

Lodestone Management Consultants AG – a globally active provider of consulting services in the business transformation segment - has established two subsidiaries in Romania and the Czech Republic.

KBC Group has selected IRIS integrated risk management’s riskpro for its group wide Asset and Liability Management. This project covers all subsidiaries and all risk segments, including insurance.

IRIS integrated risk management announced the enhancement of its operational risk management offering. The OpRisk suite is now also available in Arabic, Bulgarian and Russian languages.