All change at the post

Article Abstract:

Swiss post offices will expand its scope of service to include foreign exchange dealing and other financial services. Jean-Noel Rey, the post office Director General, initiated the diversification strategy as a means of competing with financial institutions and, hence, claiming their own shares from the retail market. Such a move would surely improve profitability as the post office plans to charge a 1% commission from forex transactions. Customers will also be able to purchase investment funds from the post office counter.

Central Reserve Depository, Post Office Banking Functions, Other Depository Credit Intermediation, Financial services industry, Financial services, Switzerland, Postal service, Diversification in industry, Industrial diversification, Post office banks

---

Emerging firms to trade

Article Abstract:

The Tokyo Stock Exchange has announced plans to create a new industrial market that seeks to focus on business enterprises involved in emerging industries. According to Tokyo Stock Exchange Pres Mitsuhide Yamaguchi, majority of the market's participants would be drawn from computer, biotechnology and other information technology-related sectors. Those who are willing to tap this potentially lucrative market are required to disclose quarterly results.

Japan, Strategy & planning, High technology industry, Economic aspects, Tokyo Stock Exchange

---

Cutting the risk

Article Abstract:

Investors in the stock market can avail of capital protection schemes to maximize advantage during favorable stock events and minimize the risk they face when the market begins tumbling. Such measures include individually structured options, hedging equities and structured investments. In Switzerland, the Swiss Bank Corp. is a pioneer in the provision of such investment instruments.

Security and commodity exchanges, Personal Investing, Methods, Personal finance, Investments

Similar abstracts:

• Abstracts: A clean break from the past. A caring role. Kalon paints the town red
• Abstracts: All change in the Northeast. (Acquisitions Monthly, Newcastle). Keeping a finger on the pulse. (Acquisitions Monthly, Newcastle)
• Abstracts: Territory stages the first meeting of its legislative minds
• Abstracts: Changing the face of learning. Training goes the distance. Losing your religion: Putting money into PCs is like 'building a more expansive ashtray'
• Abstracts: All that jazz! Getting into the swing

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.