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Banque Cantonale Vaudoise
The Banque Cantonale Vaudoise (BCV) is the cantonal bank of the Swiss Canton of Vaud. Headquartered in Lausanne, it is Vaud's biggest bank by balance sheet. BCV is a universal bank providing retail banking, corporate banking, wealth management, and trading services. Activities In the 1990s, several cantonal banks attempted to increase growth outside of their local and cantonal state borders. The expansion strategy of the BCV during this period with Greece and Hong Kong resulted in billions of dollars in losses. In the past, the Swiss taxpayer regularly paid for the damage incurred, even though a cantonal bank, as in the case of the BCV, never had a state guarantee. In a BCV press release, published in 2011, it was stated that an office was to be opened in Zurich. With its presence in Zurich, BCV Asset Management is driving the expansion of its institutional business in the German-speaking part of Switzerland. In an interview with the newspaper ''Le Temps'' on Sept. 15th 2015, ...
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Lausanne
Lausanne ( , ; ; ) is the capital and largest List of towns in Switzerland, city of the Swiss French-speaking Cantons of Switzerland, canton of Vaud, in Switzerland. It is a hilly city situated on the shores of Lake Geneva, about halfway between the Jura Mountains and the Alps, and facing the French town of Évian-les-Bains across the lake. Lausanne is located (as the crow flies) northeast of Geneva, the nearest major city. The Federal Supreme Court of Switzerland convenes in Lausanne, although it is not the ''de jure'' capital of the nation. The municipality of Lausanne has a population of about 140,000, making it the List of cities in Switzerland, fourth largest city in Switzerland after Basel, Geneva, and Zurich, with the entire agglomeration area having about 420,000 inhabitants (as of January 2019). The metropolitan area of Lausanne-Geneva (including Vevey-Montreux, Yverdon-les-Bains, Valais and foreign parts), commonly designated as ''Lake Geneva region, Arc lémanique ...
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Saskatchewan
Saskatchewan is a Provinces and territories of Canada, province in Western Canada. It is bordered on the west by Alberta, on the north by the Northwest Territories, on the east by Manitoba, to the northeast by Nunavut, and to the south by the United States (Montana and North Dakota). Saskatchewan and neighbouring Alberta are the only landlocked provinces of Canada. In 2025, Saskatchewan's population was estimated at 1,250,909. Nearly 10% of Saskatchewan's total area of is fresh water, mostly rivers, reservoirs, and List of lakes in Saskatchewan, lakes. Residents live primarily in the southern prairie half of the province, while the northern half is mostly forested and sparsely populated. Roughly half live in the province's largest city, Saskatoon, or the provincial capital, Regina, Saskatchewan, Regina. Other notable cities include Prince Albert, Saskatchewan, Prince Albert, Moose Jaw, Yorkton, Swift Current, North Battleford, Estevan, Weyburn, Melfort, Saskatchewan, Melfort, ...
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Companies Listed On The SIX Swiss Exchange
A company, abbreviated as co., is a Legal personality, legal entity representing an association of legal people, whether Natural person, natural, Juridical person, juridical or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Over time, companies have evolved to have the following features: "separate legal personality, limited liability, transferable shares, investor ownership, and a managerial hierarchy". The company, as an entity, was created by the State (polity), state which granted the privilege of incorporation. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * List of legal entity types by country, business entities, whose aim is to generate sales, revenue, and For-profit, profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limi ...
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Companies Based In Lausanne
A company, abbreviated as co., is a legal entity representing an association of legal people, whether natural, juridical or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Over time, companies have evolved to have the following features: "separate legal personality, limited liability, transferable shares, investor ownership, and a managerial hierarchy". The company, as an entity, was created by the state which granted the privilege of incorporation. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is to generate sales, revenue, and profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duties according to the publicly declared incorporation pu ...
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Cantonal Banks
The cantonal banks (German language, German: ''Kantonalbank'', French language, French: ''banque cantonale'', Italian language, Italian: ''banca cantonale'') are 24 Switzerland, 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 formed until 1978, by its separation from the Canton of Berne. 21 are provided by the Cantons of Switzerland, canton in which they are based, with a guarantee for the assets held there. Description Traditionally, cantonal banks are especially strong in savings and mortgage products. Currently they are in the process of being partially privatized. The cantonal banks are organised and regulated by the Association of Swiss Cantonal Banks, with its office in Basel. As a group, the cantonal banks account for about 30% of the banking sector in Switzerland, with a network of over 800 branches and 16 000 employees in Switzerland. In 20 ...
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Day-fine
A day-fine, unit fine or structured fine is a pecuniary sanction which is based on the severity of the offence as well as the income (or wealth) of the offender. The fine amount is calculated by determining the number of days based on the severity of the violation—the more severe the violation, the greater the number of days imposed. The daily unit, which represents how much is paid per day, is a standardized portion of an individual's daily income, ensuring equal proportional impact across all offenders. The total fine is the product of the number of days and the daily unit. The rationale behind this type of fine is to create a fining system which equalises the burden of the punishment on the offenders, irrespective of their income. It has been introduced in different countries for a variety of reasons: to replace a short-term imprisonment sentence, to make the finding system more fair across different income groups, to enhance deterrence. The day fine system is practices ...
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Suspended Sentence
A suspended sentence is a sentence on conviction for a criminal offence, the serving of which the court orders to be deferred in order to allow the defendant to perform a period of probation. If the defendant does not break the law during that period and fulfills the particular conditions of the probation, the sentence is usually considered fulfilled. If the defendant commits another offence or breaks the terms of probation, the court can order the sentence to be served, in addition to any sentence for the new offence. Australia In Australia, suspended sentences are commonly imposed in order to alleviate the strain on overcrowded prisons. For example, an individual may be sentenced to a six-month jail term, wholly suspended for six months; if they commit any other offence during that year, the original jail term is immediately applied in addition to any other sentence. As of 1 September, 2014, suspended sentences no longer exist in Victoria, and in its place are community corr ...
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Recapitalization
Recapitalization is a type of corporate reorganization involving substantial change in a company's capital structure. Recapitalization may be motivated by a number of reasons. Usually, the large part of equity is replaced with debt or vice versa. In more complicated transactions, mezzanine financing and other hybrid securities are involved. Leveraged recapitalization One example of recapitalization is a leveraged recapitalization in which the company issues bonds to raise money and then buys back its own shares. Usually, current shareholders retain control. The reasons for such a recapitalization include: * Desire of current shareholders to partially exit the investment * Providing support of falling share price * Disciplining the company that has excessive cash * Protection from a hostile takeover * Rebalancing positions within a holding company * Help to improve the stock of the company during a time of poor economic conditions Leveraged buyout Another example is a leveraged b ...
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Swiss Franc
The Swiss franc, or simply the franc, is the currency and legal tender of Switzerland and Liechtenstein. It is also legal tender in the Italian exclave of Campione d'Italia which is surrounded by Swiss territory. The Swiss National Bank (SNB) issues banknotes and the federal mint Swissmint issues coins. It is also designated through currency signs ''Fr.'' (in German language), ''fr.'' (in French language, French, Italian language, Italian, Romansh languages), as well as in any other language, or internationally as ''CHF'' which stands for Franc. This acronym also serves as the ISO 4217 currency code, used by banks and financial institutions. The smaller denomination, a hundredth of a franc, is a (Rp.) in German, (c.) in French, (ct.) in Italian, and (rp.) in Romansh. The official symbols ''Fr.'' (German symbol) and ''fr.'' (Latin languages) are widely used by businesses and advertisers, also for the English language. According to ''Art. 1 SR/RS 941.101'' of the federal law ...
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Canada
Canada is a country in North America. Its Provinces and territories of Canada, ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, making it the world's List of countries and dependencies by area, second-largest country by total area, with the List of countries by length of coastline, world's longest coastline. Its Canada–United States border, border with the United States is the world's longest international land border. The country is characterized by a wide range of both Temperature in Canada, meteorologic and Geography of Canada, geological regions. With Population of Canada, a population of over 41million people, it has widely varying population densities, with the majority residing in List of the largest population centres in Canada, urban areas and large areas of the country being sparsely populated. Canada's capital is Ottawa and List of census metropolitan areas and agglomerations in Canada, ...
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Switzerland
Switzerland, officially the Swiss Confederation, is a landlocked country located in west-central Europe. It is bordered by Italy to the south, France to the west, Germany to the north, and Austria and Liechtenstein to the east. Switzerland is geographically divided among the Swiss Plateau, the Swiss Alps, Alps and the Jura Mountains, Jura; the Alps occupy the greater part of the territory, whereas most of the country's Demographics of Switzerland, 9 million people are concentrated on the plateau, which hosts List of cities in Switzerland, its largest cities and economic centres, including Zurich, Geneva, and Lausanne. Switzerland is a federal republic composed of Cantons of Switzerland, 26 cantons, with federal authorities based in Bern. It has four main linguistic and cultural regions: German, French, Italian and Romansh language, Romansh. Although most Swiss are German-speaking, national identity is fairly cohesive, being rooted in a common historical background, shared ...
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Le Temps
' (, ) is a Swiss French-language daily newspaper published in Berliner format in Geneva by Le Temps SA. The paper was launched in 1998, formed out of the merger of two other newspapers, and (the former being a merger of two other papers), as those papers were facing financial problems. It is the sole nationwide French-language non-specialised daily newspaper of Switzerland. Since 2021, it has been owned by Fondation Aventinus, a not-for-profit organisation. is considered a newspaper of record in Switzerland. History Predecessor papers The paper's three predecessors were the (founded 1798), the (founded 1826), and (founded 1991). The ' and the ' were merged in 1991 as the , which was partially motivated by those paper's financial issues as well as the impending creation of .' Due to financial issues, it was proposed that the ' and merge in 1996. The editorial staff of both papers met, but this was declined by publisher Edipresse as it would have resulted in lay ...
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