UBS conducted a survey of 2500 entrepreneurs and executives in Switzerland to find out their opinion on the impact of negative rates on their business.
« We are interested in your money » said the banks. This is now a thing of the past, if you have put your money into a savings account, it often brings in only crumbs.
In the war of contactless electronic payment methods, the battle promises to be fierce. Twint, born from the merger of Paymit and Twint, fights the Apple Pay solution of the giant Apple.
Today we are living in a new situation, we must learn to live with negative rates. It is difficult to see clearly because the subject is so complex. Yet we are all concerned.
Switzerland has a pension system based on three pillars, namely the 1st pillar consisting of AHV and IV, the 2nd pillar consisting of occupational pension provision and the 3rd pillar.
It was in July of this year that the British market regulator, Andrew Bailey, director of the Financial Conduct Authority (FCA), announced the end of the Libor.