{
Zurich Cantonal Bank

Companies

}
Zurich property owners face varied impacts from imputed rental value reform
The Zurich cantonal government plans to adjust property tax values, anticipating an average increase of 11% for single-family homes and 10% for condominiums, reflecting significant land value rises since 2009. While one in five properties may see over a 15% increase in imputed rental value, many homeowners could benefit from reductions, easing their tax burden. The ongoing debate in Bern regarding the abolition of the imputed rental value continues, with differing proposals from the National Council and the Council of States.
Neue Zürcher Zeitung
Swiss Franc Zurich Cantonal Bank CHE Francesca Prader
TradFi, Market Report
18:00 26.11.2024
evictions for renovations affect thousands in switzerland each year
Nearly 30,000 people are evicted annually in Switzerland for building renovations, with significant regional disparities. While two-thirds of those affected find new homes nearby, the evictions raise concerns about affordability and appropriateness, especially as rents have surged by 38% since 2016 in cities like Zurich. The study highlights the need for affordable housing amidst rising land values and the trend of demolishing older buildings for new construction.
Corriere del Ticino
Swiss Franc Zurich Cantonal Bank CHE
TradFi, News Article
11:35 26.11.2024
banks must transform practices to address environmental challenges effectively
A radical overhaul of banking policies is essential to drive meaningful change in environmental impact, as current efforts often fall short. While some progress has been made in integrating sustainability into credit ratings and investment advice, many banks still prioritize traditional, carbon-intensive projects, particularly in construction. A comprehensive approach that includes biodiversity and environmental quality is crucial for banks to genuinely contribute to a sustainable future.
ASSODIGITALE.IT
United States Dollar St. Gallen Cantonal Bank Valiant Holding AG Zurich Cantonal Bank CHE St. Gallen Cantonal Bank Valiant Zurich Cantonal Bank Show more
TradFi, Market Report
14:08 19.11.2024
wiss banks fall short on climate and biodiversity targets according to wwf
None of Switzerland"s 15 major retail banks are meeting international climate and biodiversity targets, according to a WWF ranking. The banks scored an average of 2.2 out of 5, remaining in the "average" category, with Zurich Cantonal Bank leading and St Gallen Cantonal Bank at the bottom. Despite some progress since 2021, no bank achieved "pioneer" or "visionary" status, particularly struggling in credit and financing activities.
SWI swissinfo.ch
Zurich Cantonal Bank Valiant Holding AG St Gallen Cantonal Bank Banque Cantonale Vaudoise CHE Show more
Finance & Economy, News Article
11:42 19.11.2024
wiss banks fall short on climate and biodiversity targets according to ranking
None of the top 15 Swiss retail banks meet international climate and biodiversity targets, scoring an average of only 2.2 out of 5, according to a WWF Switzerland ranking. Zurich Cantonal Bank leads, while St. Gallen Cantonal Bank and Valiant rank lowest. Despite some progress in risk management and investment advice, efforts remain insufficient, particularly in directing funds toward sustainable initiatives, with a significant focus on the climate sector while neglecting biodiversity and pollution issues.
laRegione
St. Gallen Cantonal Bank Valiant Holding AG Swiss Alternative Bank Zurich Cantonal Bank CHE Show more
TradFi, News Article
08:45 19.11.2024
wiss banks fall short on environmental goals according to wwf ranking
None of the 15 largest Swiss retail banks meet international climate and biodiversity targets, scoring an average of only 2.2 out of 5 in WWF's environmental ranking. While Zurich Cantonal Bank leads the assessment, significant improvements are needed across the sector, particularly in sustainable financial investments and addressing biodiversity impacts. The banking sector's role in financing and crediting remains crucial for climate and nature protection, yet efforts largely focus on climate without adequately considering other environmental issues.
Allnews
Valiant Holding AG Swiss Alternative Bank Banque Cantonale Vaudoise Zurich Cantonal Bank St. Gallen Cantonal Bank CHE Show more
TradFi, News Article
07:39 19.11.2024
banks fall short on environmental commitments despite some progress in sustainability
A WWF analysis reveals that major Swiss banks are falling short in their environmental commitments, with none achieving "pioneer" or "visionary" status. The average score was only 2.2 out of 5, despite some progress in credit and financing, risk management, and investment advice. However, efforts remain inadequate, particularly regarding biodiversity and the environmental impacts of real estate financing.
rsi
Swiss Franc St. Gallen Cantonal Bank Valiant Holding AG Zurich Cantonal Bank CHE Show more
TradFi, News Article
06:26 19.11.2024
wiss banks fall short on environmental goals according to new ranking
No Swiss bank meets international climate and biodiversity targets, according to a WWF Switzerland ranking. The largest retail banks scored an average of 2.2 out of 5, with Zurich Cantonal Bank leading. Despite some progress, particularly in credit and financing, efforts remain inadequate, especially regarding biodiversity and environmental impacts.
TicinoNews
St. Gallen Cantonal Bank Valiant Holding AG Zurich Cantonal Bank Swiss Alternative Bank CHE Show more
TradFi, Market Report
06:07 19.11.2024
wiss banks fall short on climate and biodiversity targets according to ranking
None of the 15 major Swiss retail banks are meeting international climate and biodiversity targets, according to a WWF Switzerland ranking. The banks scored an average of 2.2 out of 5, placing them in the "average" category, with Zurich Cantonal Bank leading the assessment. Despite some progress since 2021, no bank achieved "pioneer" or "visionary" status, particularly struggling in credit and financing activities.
rfj.ch
Swiss Franc St. Gallen Cantonal Bank (SGKB) Banque cantonale vaudoise (BCV) Zurich Cantonal Bank Valiant Holding AG CHE Show more
TradFi, News Article
02:00 19.11.2024
wiss banks fall short on climate and biodiversity targets according to ranking
None of the top 15 Swiss retail banks meet international climate and biodiversity targets, scoring an average of only 2.2 out of 5, according to WWF Switzerland. Zurich Cantonal Bank leads the ranking, while St. Gallen Cantonal Bank and Valiant are at the bottom. Despite some progress in credit and financing, significant challenges remain, particularly in addressing carbon emissions from real estate and the broader impacts on biodiversity and environmental pollution.
Corriere del Ticino
Swiss Franc St. Gallen Cantonal Bank Valiant Holding AG Zurich Cantonal Bank Swiss Alternative Bank CHE Show more
TradFi, Market Report
01:01 19.11.2024
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