Radicant, the green mobile banking venture launched by Basellandschaftliche Kantonalbank, has collapsed amid severe criticism and media scrutiny. The Neue Zürcher Zeitung published a damning assessment labeling the project as failed despite its eco-friendly branding and modern approach. Reports indicate the bank’s leadership remains unapologetic, with the captain stating they would ‘do everything the same way again’. The failure highlights the challenges traditional banks face when attempting to compete in the fintech space and raises questions about strategic investments in digital banking subsidiaries. The situation has evolved from criticism to threats and now involves potential merger discussions with another fintech company.
about Radicant Bank Failure: Green Fintech's CollapseNZZ
0 in Finance and 0 in Crypto last weekExpat Struggles to Find Tech Job in Switzerland Amid Language Barrier
An expat in Switzerland shares her struggles to find a job in the tech industry after a year of searching, despite her extensive experience. She attributes part of her difficulty to not being fluent in German, which she believes is a barrier to employment. The job market has shifted, with even skilled IT professionals facing challenges, highlighting a change from previous perceptions of a labor shortage.
about Expat Struggles to Find Tech Job in Switzerland Amid Language BarrierGlobus CEO Franco Savastano Dismissed Amid Department Store Crisis
Franco Savastano, the CEO of Globus, has been dismissed amid a crisis at the Swiss department store chain, which has struggled to maintain its luxury image. His mismanagement and failure to address the situation led to a loss of control, prompting the Milan-based owners to intervene. The future of Globus employees now hangs in the balance as leadership shifts to the Rinascente group.
about Globus CEO Franco Savastano Dismissed Amid Department Store CrisisTop Canteens for Zurich Bankers Featuring Bärengasse Restaurant Experience
Bärengasse, located in the heart of Zurich’s financial district, is a renowned Argentinian restaurant known for its exceptional steakhouse cuisine and attentive service. With a diverse menu catering to meat lovers, vegetarians, and fish enthusiasts alike, it offers a cozy atmosphere complemented by outdoor seating, even in winter. Reservations can be challenging, making spontaneous visits a common practice for patrons.
about Top Canteens for Zurich Bankers Featuring Bärengasse Restaurant ExperienceThe Dangers of Anonymity in Modern Public Discourse and Journalism
The rise of anonymous, aggressive commentary in public discourse undermines the integrity of debate and damages societal values. While alternative media expose abuses, they also attract malicious attacks from those lacking accountability, leading to a culture of defamation and hostility. Quality journalism, grounded in truth and research, is essential to counteract this trend and uphold the mission of protecting freedom of expression.
about The Dangers of Anonymity in Modern Public Discourse and JournalismPhilipp Kutter’s Candidacy for Federal Council Amid Health Challenges
Philipp Kutter, a National Councillor from Zurich, is seen as a potential candidate for the Federal Council despite his severe paralysis from a skiing accident two years ago. He asserts his capability to fulfill his duties, having successfully managed his roles as mayor and councillor since April 2024, although critics question the feasibility of his commitments. Concerns have been raised about his ability to handle multiple responsibilities, with suggestions that his wife may be managing many of his tasks.
about Philipp Kutter's Candidacy for Federal Council Amid Health ChallengesZurich Children’s Hospital Faces Financial Crisis Amid Controversial Leadership Decisions
Martin Vollenwyder, the controversial head of Zurich’s Children’s Hospital, defends the financial mismanagement leading to a 100 million deficit, attributing it to Covid and Russia. Despite the hospital’s capacity for 200 children, it has only seen an average of 23 admissions, raising concerns over the oversized new facility. Vollenwyder’s foundation now requires a 25 million emergency loan, with taxpayers facing a 60 million bill in just two years.
about Zurich Children's Hospital Faces Financial Crisis Amid Controversial Leadership DecisionsZug Palace of Bitcoin King Nikolajsen Sold After Months on Market
The St. Karlshof manor in Zug, once owned by Bitcoin entrepreneur Niklas Nikolajsen, has been sold after months on the market. The property, renowned for its historical significance and extensive renovations costing 60 million francs, is now under new ownership, though details remain undisclosed. Nikolajsen, who recently celebrated his Swiss citizenship, had previously expressed intentions to rent part of the estate to give back to the local community.
about Zug Palace of Bitcoin King Nikolajsen Sold After Months on MarketZurich Tax Office Promotes Tax Collection in Controversial Video Campaign
The Zurich cantonal tax office has released a provocative video titled “Driving the company,” portraying tax collectors as essential drivers of society. Amidst a backdrop of destruction, the video emphasizes the importance of taxes for public services and education, while highlighting the growing burden on a shrinking base of taxpayers. Critics argue that this media approach undermines the independence of journalism, as the tax office seeks to reshape its image amidst rising tax optimization and migration to lower-tax regions.
about Zurich Tax Office Promotes Tax Collection in Controversial Video Campaign