GenevaLunch » insurance companies

Swiss health spending outstripped only by US, France

Ellen Wallace — Wed, 10 Nov 2010 11:55:30 +0000

GenevaLunch.com Neuchatel, Switzerland (GenevaLunch) - Switzerland spent CHF58.5 billion on health care in 2008, or CHF632 per person, figures published 9 November by the federal government show. Healthcare accounted for 10.7 percent of gross domestic product (GDP), a share that remains virtually unchanged, although spending itself rose by 5.9 percent and was above the 3.5 percent [...]

Swiss health spending outstripped only by US, France © genevalunch.com, Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported.

Swiss clamp down on bank “excessive salaries” (update)

Ellen Wallace — Wed, 28 Apr 2010 13:36:54 +0000

GenevaLunch.com Update 15:45 Bern, Switzerland (GenevaLunch) – The Swiss federal government is taking three steps to curb what it calls “excessive salaries in banks and insurance companies.” It noted in a press release Wednesday afternoon 28 April that the measures were necessary because “inappropriate compensation systems with false incentives were jointly responsible for excessive risk taking, [...]

Swiss clamp down on bank “excessive salaries” (update) © genevalunch.com, Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported.

Bonuses will not be capped at Swiss banks, but more transparency required

Sean Ecker — Wed, 11 Nov 2009 15:58:50 +0000

GenevaLunch.com Bern, Switzerland (GenevaLunch) – The Swiss Financial Market Supervisory Authority (Finma) says it wants banks’ remuneration policies to be more closely aligned with the long-term health of the institution. They should not be an incentive to take risks which may undermine the company. But it will not cap bonuses. Finma announced its new circular Wednesday [...]

Bonuses will not be capped at Swiss banks, but more transparency required © genevalunch.com, Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported.