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Steve Kroft, host of Banking: A Crack In the Swiss Vault In November 2013, the Zürcher Kantonalbank was classified as a systemically important bank in Switzerland by order of the Swiss National Bank (SNB), alongside UBS, Credit Suisse, Raiffeisen (Switzerland) and PostFinance, and must meet stricter capital requirements and prepare contingency plans for times of crisis. In another step toward ...
The Swiss students were in their upper secondary education and were attending either a gymnasium, general education, teacher training or advanced vocation training. In math, the Swiss scored a 540 (the average score was 500), and were 3rd out of 21. Their science score was 523, which was 8th out of 21.
Cantonal bank. Logo of the Association of Swiss Cantonal Banks. The cantonal banks (German: Kantonalbank, French: banque cantonale, Italian: banca cantonale) are 24 Swiss government-owned commercial banks. Most of them were founded between 1834 and 1916, although the Banque cantonale du Jura was founded in 1979, as the canton of Jura was not ...
The 26 cantons of Switzerland[ 1 ] are the member states of the Swiss Confederation. The nucleus of the Swiss Confederacy in the form of the first three confederate allies used to be referred to as the Waldstätte. Two important periods in the development of the Old Swiss Confederacy are summarized by the terms Acht Orte ('Eight Cantons'; from ...
On cantonal level, tax rates varies heavily, Obwalden adapted a 1.8% flat tax on all personal income following a cantonal referendum in 2007. In most cantons, the rate is proportional with a maximum rate of 6.5% in Bern, whereas in Zurich it was 13% and in Geneva 17.58-.76% (depending upon taxes as single or jointly). [22] [23]
Rank Canton GDP per capita in CHF 1 Basel-Stadt: 189,354 2 Zug: 158,474 3 Geneva: 102,876 4 Zürich: 96,359 5 Schaffhausen: 87,569 6 Neuchâtel: 87,080 7
Term Length. $500 Minimum Balance APY. $20,000 Minimum Balance APY. $50,000 Minimum Balance APY. $100,000 Minimum Balance APY. $250,000 Minimum Balance APY. 30 days. 2.95%. 3.00%
The 26 cantons of Switzerland are the member states of the federal state of Switzerland. Each canton was a fully sovereign state [1] with its own borders, army and currency from the Treaty of Westphalia (1648) until the establishment of the Swiss federal state in 1848. Each canton has its own constitution, legislature, government and courts. [2]