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Switzerland Finance News is an EIN News Service for finance industry professionals. Constantly updated news and information about Switzerland Finance.
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  • Buffett's Berkshire Profit Triples on Market Advance, Fewer Storm Claims 7 Nov 2009 01:16 GMT
    ... crunch, he drew on that hoard to finance Goldman Sachs, , Swiss Reinsurance Co. and ... Wm. Wrigley Jr. Co. Those deals boosted investment income 11 percent to $1.78 billion at ... for Capmark Financial Group Inc.’s loan-servicing and mortgage business. Horsham, Pennsylvania-based Capmark is evaluating a ...

  • Berkshire's third-quarter profit triples for Buffett 7 Nov 2009 05:37 GMT
    ... crunch, he drew on that hoard to finance Goldman Sachs, General Electric Co., Swiss Reinsurance ... Wrigley Jr. Co. Those deals have increased investment income at Berkshire. The economy returned to ... for Capmark Financial Group Inc.'s loan-servicing and mortgage business. Horsham, Pennsylvania-based Capmark is evaluating a ...

  • Berkshire Hathaway Posts Q3 Results; Book Value At Record High 7 Nov 2009 06:58 GMT
    ... because net income includes the effects of investment and derivative gains and losses, it is ... valuation purposes was Berkshire Hathaway management evaluates insurance underwriting and investment results separately. Underwriting results ... Santa Clara University with a degree in finance. Visit his website ...

  • Is this Buffett's best run ever? 7 Nov 2009 02:01 GMT
    ... He used his cash to "plant the investment seeds for very attractive long-term returns," says ... Electric (GE.N) and Swiss Re (SWCEY.N), an insurance company. His funding helped British candy company ... also made some particularly savvy moves in stocks. During the first quarter of this year, ...

  • Are doctors the problem? 7 Nov 2009 04:30 GMT
    ... Fri Nov 6, 2009 6:37am EST (Pic)- Dr. Millie Marie ... sweeping healthcare overhaul that would transform the insurance market, extend health insurance to 46 million additional ... changes could trigger a wave of hospital bankruptcies, Goodman said. "If the hospitals in White ...

  • The Clearstream trial: a conflict in the French bourgeoisie 7 Nov 2009 07:36 GMT
    ... to operate through Clearstream after its sudden bankruptcy and disappearance in 1991. (2) That in ... on accusations of slander in France, Belgium, Switzerland, and Canada. Robert has been cleared on ... fraud in the collapse of the Volter investment fund, which led to the disappearance of $42 ...

  • UPDATE 1-Berkshire reinsurance volume limited by Burlington 7 Nov 2009 00:56 GMT
    ... NEW YORK, Nov 6 (Reuters) - Warren Buffett's said ... the amount of business underwritten by its reinsurance operations, as it prepares to spend roughly $26 ... the world's biggest reinsurers, Munich Re and Swiss Re, and smaller competitors in the United ...

  • Another UBS client gets reduced tax fraud sentence 7 Nov 2009 07:17 GMT
    ... A British-born Florida yacht broker and former client of Swiss bank UBS AG received a reduced, two-month ... UBS". Moran's Florida-based yacht company faces possible bankruptcy because he expects to be stripped of his ...

  • Britain gives impetus to global tax on banks 7 Nov 2009 13:52 GMT
    ... Britain gives impetus to global tax on banks Britain's ... Prime Minister Gordon Brown (C) speaks, as finance minister Alistair Darling (L) listens at the G20 ... Scotland. "There have been proposals for an insurance fee to reflect systemic risk or a ...

  • G20: Gordon Brown calls for global tax on financial transactions 7 Nov 2009 14:32 GMT
    ... ''I believe we should discuss whether we need a ... comments follow earlier calls from former German Finance Minister Peer Steinbruck for a global tax on ... the move could be achieved through an insurance fee to reflect systemic risk, a special ...

  • Britain's Brown urges global tax 7 Nov 2009 15:43 GMT
    ... LONDON (MarketWatch) -- British Prime Minister Gordon Brown on ... Prime Minister Gordon Brown on Saturday urged finance officials from the world's 20 largest industrialized and ... mentioned the measure alongside proposals for an insurance fee to reflect systemic risk or a ...

  • Gordon Brown: tax global financial transactions 7 Nov 2009 15:51 GMT
    ... ''I believe we should discuss whether we need a ... comments follow earlier calls from former German Finance Minister Peer Steinbruck for a global tax on ... the move could be achieved through an insurance fee to reflect systemic risk, a special ...

  • Reichle and De-Massari awarded Toyota Egypt cabling contract 7 Nov 2009 06:10 GMT
    ... future planning to ensure a future proof investment. Given our criteria, R&M was the clear ... as their network cabling provider. R&M's well-known Swiss quality and innovative cabling solutions were certainly ... experience in the health, transportation, infrastructure, tourism, finance, industrial, and environmental sectors. ...

  • Dollar choppy after unemployment report 7 Nov 2009 06:55 GMT
    ... NEW YORK -- The safe-haven dollar got an immediate boost ... late next year. The upward move in stocks then tugged the dollar lower. After the collapse ... 1.0648 late Thursday, but fell to 1.0156 Swiss francs from 1.0165 francs. 1. Comments are ...

  • Brown in call for global 'contract' 7 Nov 2009 12:11 GMT
    ... Gordon Brown has called for a new global "economic ... banking failure. Addressing the meeting of G20 finance ministers in St Andrews, Scotland, the Prime Minister ... that it could be achieved through an insurance fee to reflect systemic risk, a special ...

  • Brown in call for global 'contract' 7 Nov 2009 13:01 GMT
    ... Gordon Brown has called for a new global "economic ... banking failure. Addressing the meeting of G20 finance ministers in St Andrews, Scotland, the Prime Minister ... that it could be achieved through an insurance fee to reflect systemic risk, a special ...

  • France: The affairs the Clearstream trial aims to suppress 7 Nov 2009 07:36 GMT
    ... France: The affairs the Clearstream trial aims to suppress ... he was receiving death threats. Successive French Finance Ministers—Laurent Fabius of the Socialist Party in 2001, ... it suspected having paid. In 2004, using Swiss bank records, Taiwan proved that the final ...

  • UPDATE 1-Berkshire reinsurance volume limited by Burlington 7 Nov 2009 00:45 GMT
    ... * Pricing power not strong enough (Adds information on ... the amount of business underwritten by its reinsurance operations, as it prepares to spend roughly $26 ... Holdings ( Berkshire is an investor in Swiss Re. Berkshire typically generates about half its ...

  • Berkshire reinsurance volume limited by Burlington 7 Nov 2009 01:16 GMT
    ... * Pricing power not strong enough (Adds information on ... the amount of business underwritten by its reinsurance operations, as it prepares to spend roughly $26 ... Holdings ( Berkshire is an investor in Swiss Re. Berkshire typically generates about half its ...

  • Gourmet burgers are a booming trend 7 Nov 2009 12:31 GMT
    ... Nov 07, 2009 (The Kansas City Star - McClatchy-Tribune Information ... percent seasoned beef patty, hand-pressed, grilled, with Swiss cheese and sauteed mushrooms. At $6.99 with ... off coupon." In 1921, real estate and insurance agent Edgar Waldo "Billy" Ingram teamed up with ...

  • Brown Says G-20 Should Consider Tax on Speculation 7 Nov 2009 15:17 GMT
    ... By Reed V. Landberg and Simon Kennedy Nov. 7 (Bloomberg) ... by all of us,” Brown told G-20 finance ministers and central bankers at a meeting today ... those in the Middle East, Asia and Switzerland. He also acknowledged the “enormous and difficult” ...

  • The Coming Bubble of 2010 and How to Avoid It 7 Nov 2009 00:56 GMT
    ... avoid it -- and present an alternate investment strategy you can adopt instead of following the ... when priced in pounds, euros, yen, or Swiss francs." This indicates that it is solely ...

  • New Giant Eagle Market District store is a foodie fun park (11/05/2009) 7 Nov 2009 06:13 GMT
    ... New Giant Eagle Market District store is a foodie ... is good marketing. Once Americans taste rosti, Swiss hash-brown-ish potato cakes, they'll wonder how they've ... superb). The extensive cheese and charcuterie shop stocks some local producers, including Parma Sausage. With any ...

  • Lifting the lid on climate change talks 7 Nov 2009 06:52 GMT
    ... At 8am on Wednesday October 7, a smartly dressed fiftysomething Filipino ... grandmother who lives in Geneva with her Swiss economist husband and is known among her ... emission cuts and now embrace development, trade, finance, carbon markets, forestry, science and technology. Because they ...

  • Lifting the lid on climate-change talks 7 Nov 2009 09:04 GMT
    ... At 8am on Wednesday October 7, a smartly dressed fiftysomething Filipino ... grandmother who lives in Geneva with her Swiss economist husband and is known among her ... emission cuts and now embrace development, trade, finance, carbon markets, forestry, science and technology. Because they ...


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