- published: 03 May 2023
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Switzerland (/ˈswɪtsərlənd/), officially the Swiss Confederation (Latin: Confoederatio Helvetica, hence its abbreviation CH), is a country in Europe. While still named the "Swiss Confederation" for historical reasons, modern Switzerland is a federal directorial republic consisting of 26 cantons, with Bern as the seat of the federal authorities, called Bundesstadt ("federal city"). The country is situated in Western and Central Europe, and is bordered by Italy to the south, France to the west, Germany to the north, and Austria and Liechtenstein to the east. Switzerland is a landlocked country geographically divided between the Alps, the Swiss Plateau and the Jura, spanning an area of 41,285 km2 (15,940 sq mi). While the Alps occupy the greater part of the territory, the Swiss population of approximately 8 million people is concentrated mostly on the Plateau, where the largest cities are to be found: among them are the two global and economic centres, Zürich and Geneva.
The establishment of the Swiss Confederation is traditionally dated to 1 August 1291, which is celebrated annually as the Swiss National Day. The country has a long history of armed neutrality—it has not been in a state of war internationally since 1815—and did not join the United Nations until 2002. Nevertheless, it pursues an active foreign policy and is frequently involved in peace-building processes around the world. In addition to being the birthplace of the Red Cross, Switzerland is home to numerous international organizations, including the second largest UN office. On the European level, it is a founding member of the European Free Trade Association, but notably it is not part of the European Union, nor the European Economic Area. However the country does participate in the Schengen Area and the EU's single market through a number of bilateral treaties.
Equity may refer to:
In jurisdictions following the English common law, equity is the set of maxims that "reign over all the law" and "from which flow all civil laws". The Chancery, the office of equity, was the "office that issued the writs that were the foundation of the common law system". Equity is wholly "unaffected by any state laws” (Pomeroy) and is "everything, even without law".
Equity is commonly said to "mitigate the rigour of common law", allowing courts to use their discretion and apply justice in accordance with natural law. In practice, modern equity is limited by substantive and procedural rules, and English and Australian legal writers tend to focus on technical aspects of equity. Twelve "vague ethical statements", known as the maxims of equity, guide the application of equity, and an additional five can be added.
A historical criticism of equity while it developed was that it lacked fixed rules, with the Lord Chancellor occasionally judging in the main according to his conscience. The rules of equity later lost much of their flexibility, and from the 17th century onwards, equity was rapidly consolidated into a system of precedents (or case law) much like its common-law cousin.
Equity or economic equality is the concept or idea of fairness in economics, particularly in regard to taxation or welfare economics. More specifically, it may refer to equal life chances regardless of identity, to provide all citizens with a basic and equal minimum of income, goods, and services or to increase funds and commitment for redistribution.
Inequality and inequities have significantly increased in recent decades, possibly driven by the worldwide economic processes of globalisation, economic liberalisation and integration. This has led to states ‘lagging behind’ on headline goals such as the Millennium Development Goals (MDGs) and different levels of inequity between states have been argued to have played a role in the impact of the global economic crisis of 2008–2009.
Equity is based on the idea of moral equality. Equity looks at the distribution of capital, goods and access to services throughout an economy and is often measured using tools such as the Gini index. Equity may be distinguished from economic efficiency in overall evaluation of social welfare. Although 'equity' has broader uses, it may be posed as a counterpart to economic inequality in yielding a "good" distribution of wealth. It has been studied in experimental economics as inequity aversion. Low levels of equity are associated with life chances based on inherited wealth, social exclusion and the resulting poor access to basic services and intergenerational poverty resulting in a negative effect on growth, financial instability, crime and increasing political instability.
In this episode we'll take a look at the rise and fall of Credit Suisse. From secret spies to money laundering, fraud and a mysterious death. The firm could be considered one of the worst banks in the world. ColdFusion Podcast: https://www.youtube.com/@ThroughTheWeb ColdFusion Music: https://www.youtube.com/@burnwatermusic7421 http://burnwater.bandcamp.com ColdFusion Socials: https://discord.gg/coldfusion https://facebook.com/ColdFusionTV https://twitter.com/ColdFusion_TV https://instagram.com/coldfusiontv Producer: Dagogo Altraide
Shares in Credit Suisse have plunged to a record low, in the wake of last week's collapse of Silicon Valley Bank in the US. The Swiss bank - which has been beset by problems - saw its share price fall by as much as 30% at one point. Credit Suisse insists its financial position is not a concern. Investors are concerned about the state of the troubled banking giant and have already been spooked by US bank failures. Please subscribe HERE http://bit.ly/1rbfUog #CreditSuisse #Banking #BBCNews
The Credit Suisse story is about how finance went wrong at one of Switzerland's most important institutions and one of the most important banks in Europe. It's a tale of high-profile scandals, from corporate espionage to cocaine smugglers and oligarchs. But what does the future hold for the venerable institution? Credit Suisse's new chairman, Financial Times reporters and banking industry experts explain it all. Read more at https://on.ft.com/3PrvpZe Produced, directed and edited by Daniel Garrahan #banking #creditsuisse #finance #lender #Switzerland #ubs #zurich #scandal #spygate #tidjanethiam #axellehmann #thomasgottstein #banks #morganstanley #spying #oligarchs #covid #lockdown #antoniohortaosorio, #coronavirus #archegosgreensill #markets #bonds #investing #investmentbanks #investme...
Finance girl typical day in the life working in Investor Relations.
Warren Buffett is well-known for promoting the clear success of value investing, but one lesser known attitude he holds is his disdain for private equity firms. In this video, Warren and Charlie explain why they dislike private equity and so-called "alternative investments".
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John Woods, Asia Pacific chief investment officer at Credit Suisse Group AG, discusses the current state of markets, the reverberations from the Fed’s Jackson Hole meeting and where he’s finding opportunities. He speaks on Bloomberg Television. -------- Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.com Connect with us on... Twitter: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/
It’s no secret that the past year has been a tough environment for markets. As Andrew McAuley, chief investment officer and wealth manager for Credit Suisse points out, it’s been the worst start to a calendar year for equity markets since 1966. Yet, it was only on 29 August that Credit Suisse decided to underweight its equities allocation. So, what pushed the change? According to McAuley, earnings downgrades and challenges to valuations were significant factors, combined with the commentary from Jackson Hole and the US Federal Reserve Symposium. It's a tactical decision and one McAuley expects to be adjusted with the phases of the market cycle. “This time next year, the narrative will be very different. Equities will probably be cheaper assuming prices come off and we’ll be talking abou...
A short-term market correction is likely to happen mid this year, says John Woods from Credit Suisse.
Feb. 10 (Bloomberg) -- Brady Dougan, chief executive officer of Credit Suisse Group AG, talks with Bloomberg's David Tweed about the impact of stricter capital rules on profitability. Switzerland's second-largest bank reported fourth-quarter earnings that missed analysts' estimates and reduced its targets for return on equity from more than 18 percent to more than 15 percent.
Switzerland (/ˈswɪtsərlənd/), officially the Swiss Confederation (Latin: Confoederatio Helvetica, hence its abbreviation CH), is a country in Europe. While still named the "Swiss Confederation" for historical reasons, modern Switzerland is a federal directorial republic consisting of 26 cantons, with Bern as the seat of the federal authorities, called Bundesstadt ("federal city"). The country is situated in Western and Central Europe, and is bordered by Italy to the south, France to the west, Germany to the north, and Austria and Liechtenstein to the east. Switzerland is a landlocked country geographically divided between the Alps, the Swiss Plateau and the Jura, spanning an area of 41,285 km2 (15,940 sq mi). While the Alps occupy the greater part of the territory, the Swiss population of approximately 8 million people is concentrated mostly on the Plateau, where the largest cities are to be found: among them are the two global and economic centres, Zürich and Geneva.
The establishment of the Swiss Confederation is traditionally dated to 1 August 1291, which is celebrated annually as the Swiss National Day. The country has a long history of armed neutrality—it has not been in a state of war internationally since 1815—and did not join the United Nations until 2002. Nevertheless, it pursues an active foreign policy and is frequently involved in peace-building processes around the world. In addition to being the birthplace of the Red Cross, Switzerland is home to numerous international organizations, including the second largest UN office. On the European level, it is a founding member of the European Free Trade Association, but notably it is not part of the European Union, nor the European Economic Area. However the country does participate in the Schengen Area and the EU's single market through a number of bilateral treaties.