Dynamic Wealth Management Zurich News

Geneva is the second-most-populous city in Switzerland after Zürich and is the most populous city of the French-speaking part of the country. The city is divided by the River Rhone into the rive gauche and rive droite. The rive gauche holds most of the sights with visitor interest.

The city is situated on the banks of the Lake Leman and looks onto the snow-capped peaks of the Alps and Jura mountains jutting out of the deep forests and mystical countryside.

Geneva is a global city, an important financial centre and a worldwide centre for diplomacy. Many of the agencies of the United Nations and the Red Cross have their headquarter in Geneva.

Geneva has been described as the third European financial centre after London and Zurich and the world’s eighth most important financial centre by the Global Financial Centres Index.

The Peace Capital, as it was named, is a cultural destination with over 30 museums, theaters, galleries, and even an opera house. The visitors have the opportunity to join into the world-famous skiing and numerous golf clubs in and around the Lake Geneva Region.

The city’s proximity to France and Italy add to its appeal for travelers trying to make the most of their European vacation.

Geneva is the second-most-populous city in Switzerland after Zürich and is the most populous city of the French-speaking part of the country. The city is divided by the River Rhone into the rive gauche and rive droite. The rive gauche holds most of the sights with visitor interest.

The city is situated on the banks of the Lake Leman and looks onto the snow-capped peaks of the Alps and Jura mountains jutting out of the deep forests and mystical countryside.

Geneva is a global city, an important financial centre and a worldwide centre for diplomacy. Many of the agencies of the United Nations and the Red Cross have their headquarter in Geneva.

Geneva has been described as the third European financial centre after London and Zurich and the world’s eighth most important financial centre by the Global Financial Centres Index.

The Peace Capital, as it was named, is a cultural destination with over 30 museums, theaters, galleries, and even an opera house. The visitors have the opportunity to join into the world-famous skiing and numerous golf clubs in and around the Lake Geneva Region.

The city’s proximity to France and Italy add to its appeal for travelers trying to make the most of their European vacation.

SAN FRANCISCO, May 27 (Xinhua) — Google on Friday said it will defend itself against allegations by PayPal that the Internet search giant and two of its executives stole trade secrets to develop its mobile payment system.

PayPal’s lawsuit came on Thursday, hours after Google announced its mobile payment system Google Wallet and laid out plans to bring together all parts of retail experience on smartphones.

“We respect trade secrets and will defend ourselves against these claims,” said Google in a statement sent to media here.

The two executives named in the PayPal lawsuit are Osama Bedier and Stephanie Tilenius, two ex-PayPal executives who now directly oversee Google’s mobile payment initiative. Both were on stage in Thursday’s introduction event held in New York.

PayPal said Bedier, who left the company in January, discussed a job with Google while simultaneously leading negotiations to make PayPal a payment option on Google’s Android-based smartphones.

Bedier is alleged to have transferred the information about PayPal’s mobile payment strategy to his computer before leaving the company.

Tilenius, who left eBay, PayPal’s mother company in 2009, was under contract not to recruit PayPal employees. She is alleged to give advices to Bedier on a Google offering through Facebook messages, e-mails and text messages.

“Silicon Valley was built on the ability of indiv...

Zurich Financial Services Group says it has signed a definitive agreement with Banco Santander SA to buy a majority interest in the bank’s Latin America insurance operations.

The Zurich, Switzerland-based insurer says the agreement is “materially unchanged from what was announced” on Feb. 22.

The carrier went on to say that it and Madrid, Spain-based Banco Santander expect the transaction to be completed before the end of this year.

Earlier this year, Zurich announced it signed a 25-year distribution agreement with Banco Santander where it would acquire 51 percent of the bank’s insurance business in Latin America and Santander would keep the remaining 49 percent.

Zurich will pay Santander $1.67 billion in a combination cash and financed deal for its book of business.

The insurer will have access to 5,600 bank branches and an additional 36 million customers in five South American countries.

Thirty percent of the business is general insurance, primarily homeowners insurance, and the bulk of the rest is in life products.

In 2010, Santander’s Latin American insurance operations delivered a net profit of $328 million.

Zurich says the deal would make the company the 6th largest non-life insurer in the region, increasing its market share in the region to 3 percent. Once complete, Zurich becomes the 3rd largest life insurer in the region and the 4th largest insurer...

SAN FRANCISCO, May 27 (Xinhua) — Google on Friday said it will defend itself against allegations by PayPal that the Internet search giant and two of its executives stole trade secrets to develop its mobile payment system.

PayPal’s lawsuit came on Thursday, hours after Google announced its mobile payment system Google Wallet and laid out plans to bring together all parts of retail experience on smartphones.

“We respect trade secrets and will defend ourselves against these claims,” said Google in a statement sent to media here.

The two executives named in the PayPal lawsuit are Osama Bedier and Stephanie Tilenius, two ex-PayPal executives who now directly oversee Google’s mobile payment initiative. Both were on stage in Thursday’s introduction event held in New York.

PayPal said Bedier, who left the company in January, discussed a job with Google while simultaneously leading negotiations to make PayPal a payment option on Google’s Android-based smartphones.

Bedier is alleged to have transferred the information about PayPal’s mobile payment strategy to his computer before leaving the company.

Tilenius, who left eBay, PayPal’s mother company in 2009, was under contract not to recruit PayPal employees. She is alleged to give advices to Bedier on a Google offering through Facebook messages, e-mails and text messages.

“Silicon Valley was built on the ability of indiv...

Zurich Financial Services Group says it has signed a definitive agreement with Banco Santander SA to buy a majority interest in the bank’s Latin America insurance operations.

The Zurich, Switzerland-based insurer says the agreement is “materially unchanged from what was announced” on Feb. 22.

The carrier went on to say that it and Madrid, Spain-based Banco Santander expect the transaction to be completed before the end of this year.

Earlier this year, Zurich announced it signed a 25-year distribution agreement with Banco Santander where it would acquire 51 percent of the bank’s insurance business in Latin America and Santander would keep the remaining 49 percent.

Zurich will pay Santander $1.67 billion in a combination cash and financed deal for its book of business.

The insurer will have access to 5,600 bank branches and an additional 36 million customers in five South American countries.

Thirty percent of the business is general insurance, primarily homeowners insurance, and the bulk of the rest is in life products.

In 2010, Santander’s Latin American insurance operations delivered a net profit of $328 million.

Zurich says the deal would make the company the 6th largest non-life insurer in the region, increasing its market share in the region to 3 percent. Once complete, Zurich becomes the 3rd largest life insurer in the region and the 4th largest ...

Geneva is the second-most-populous city in Switzerland after Zürich and is the most populous city of the French-speaking part of the country. The city is divided by the River Rhone into the rive gauche and rive droite. The rive gauche holds most of the sights with visitor interest.

The city is situated on the banks of the Lake Leman and looks onto the snow-capped peaks of the Alps and Jura mountains jutting out of the deep forests and mystical countryside.

Geneva is a global city, an important financial centre and a worldwide centre for diplomacy. Many of the agencies of the United Nations and the Red Cross have their headquarter in Geneva.

Geneva has been described as the third European financial centre after London and Zurich and the world’s eighth most important financial centre by the Global Financial Centres Index.

The Peace Capital, as it was named, is a cultural destination with over 30 museums, theaters, galleries, and even an opera house. The visitors have the opportunity to join into the world-famous skiing and numerous golf clubs in and around the Lake Geneva Region.

The city’s proximity to France and Italy add to its appeal for travelers trying to make the most of their European vacation.

SAN FRANCISCO, May 27 (Xinhua) — Google on Friday said it will defend itself against allegations by PayPal that the Internet search giant and two of its executives stole trade secrets to develop its mobile payment system.

PayPal’s lawsuit came on Thursday, hours after Google announced its mobile payment system Google Wallet and laid out plans to bring together all parts of retail experience on smartphones.

“We respect trade secrets and will defend ourselves against these claims,” said Google in a statement sent to media here.

The two executives named in the PayPal lawsuit are Osama Bedier and Stephanie Tilenius, two ex-PayPal executives who now directly oversee Google’s mobile payment initiative. Both were on stage in Thursday’s introduction event held in New York.

PayPal said Bedier, who left the company in January, discussed a job with Google while simultaneously leading negotiations to make PayPal a payment option on Google’s Android-based smartphones.

Bedier is alleged to have transferred the information about PayPal’s mobile payment strategy to his computer before leaving the company.

Tilenius, who left eBay, PayPal’s mother company in 2009, was under contract not to recruit PayPal employees. She is alleged to give advices to Bedier on a Google offering through Facebook messages, e-mails and text messages.

“Silicon Valley was built on the ability of indiv...

Zurich Financial Services Group says it has signed a definitive agreement with Banco Santander SA to buy a majority interest in the bank’s Latin America insurance operations.

The Zurich, Switzerland-based insurer says the agreement is “materially unchanged from what was announced” on Feb. 22.

The carrier went on to say that it and Madrid, Spain-based Banco Santander expect the transaction to be completed before the end of this year.

Earlier this year, Zurich announced it signed a 25-year distribution agreement with Banco Santander where it would acquire 51 percent of the bank’s insurance business in Latin America and Santander would keep the remaining 49 percent.

Zurich will pay Santander $1.67 billion in a combination cash and financed deal for its book of business.

The insurer will have access to 5,600 bank branches and an additional 36 million customers in five South American countries.

Thirty percent of the business is general insurance, primarily homeowners insurance, and the bulk of the rest is in life products.

In 2010, Santander’s Latin American insurance operations delivered a net profit of $328 million.

Zurich says the deal would make the company the 6th largest non-life insurer in the region, increasing its market share in the region to 3 percent. Once complete, Zurich becomes the 3rd largest life insurer in the region and the 4th largest insurer...

Geneva is the second-most-populous city in Switzerland after Zürich and is the most populous city of the French-speaking part of the country. The city is divided by the River Rhone into the rive gauche and rive droite. The rive gauche holds most of the sights with visitor interest.

The city is situated on the banks of the Lake Leman and looks onto the snow-capped peaks of the Alps and Jura mountains jutting out of the deep forests and mystical countryside.

Geneva is a global city, an important financial centre and a worldwide centre for diplomacy. Many of the agencies of the United Nations and the Red Cross have their headquarter in Geneva.

Geneva has been described as the third European financial centre after London and Zurich and the world’s eighth most important financial centre by the Global Financial Centres Index.

The Peace Capital, as it was named, is a cultural destination with over 30 museums, theaters, galleries, and even an opera house. The visitors have the opportunity to join into the world-famous skiing and numerous golf clubs in and around the Lake Geneva Region.

The city’s proximity to France and Italy add to its appeal for travelers trying to make the most of their European vacation.