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Cut the obsession for written references. Cost savings for Swiss banks

The Swiss are to rules what Anastasia Steele is to Christian Grey in Fifty Shades; obedient and slavish. One national obsession in the business world is the proper written reference, the “Zeugnis”. Hours of costly time go into feeding this local fetish. Time to put it and the HR departments who perpetuate it to the […]

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Banks struggle to break up the value chain

Banks are under pressure from all sides. From regulators to shareholders. Margin are down and costs are up. The banks need to do something, but what? This week, a few thoughts on where improvement might be possible. Industrialisation! This was the rallying cry at the largest Swiss bank, UBS, several years ago. In an attempt […]

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