Business & Finance
The story behind CFM Indosuez: the oldest and largest Monegasque bank
Over a century ago, a group of Monegasque entrepreneurs created a bank to finance the local economy. Today, it remains the largest bank with 400 employs. But who really is CFM Indosuez, and why the sudden stepping out of the shadows?
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Monaco residents rank number one
Major economies continue to dominate the global ranking of the richest countries, with one nation’s private fortunes jumping by $200 billion (€177 billion) in six months alone, according to a new...
Rowing for the Rocher
At the end of a long journey on Sunday afternoon, nine rowers made it to Monaco from the Italian capital of Rome having covered a total of 476 kilometres at sea and five days of travel. Each...
Unemployment in France finally falls below 10%
The number of unemployed fell by 74,000 in France, down 0.3 points compared to the first quarter to 9.9%, according to the Insee statistical institute. The unemployment rate finally fell below the...
Julius Baer bolsters Latin American business
Julius Baer Group, Switzerland’s third-largest wealth manager, has hired several private bankers from HSBC Holdings to bolster its Latin American business, according to three reliable sources. The...
FIFA President dies at age 100
Former FIFA president Joao Havelange has died at the age of 100, the BBC has reported. The Brazilian was predecessor to Sepp Blatter at world football’s governing body, serving from 1974 to...
Fire on Rock quickly contained
A fire broke out at about 6:30 pm on Sunday causing the evacuation of the restaurant Saint-Nicolas on the rue de l’Eglise, behind the courthouse and cathedral on the Rock. The fire had started...
