By Gabrielle Tétrault-Farber and Dave Graham GENEVA/ZURICH (Reuters) – Switzerland for all its snow-capped mountains and crisp Alpine air has failed to protect its people from the ravages of climate …
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By Gloria Dickie and Kate Abnett LONDON (Reuters) – The European Court of Human Rights ruled in favour of more than 2,000 Swiss women on Tuesday, affirming their argument that …
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BRUSSELS (Reuters) – The European Court of Human Rights on Tuesday ruled in favour of a group of Swiss elderly women suing their government for alleged “woefully inadequate” efforts to …
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KYIV (Reuters) – Ukrainian President Volodymyr Zelenskiy said in remarks broadcast on Saturday that he hoped that he and Swiss President Viola Amherd would set a date within days for …
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Every month, the Biden administration touts the latest jobs report as evidence of how solid the labor market is. But the Devil is in the details. Far from solid, the …
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ZURICH (Reuters) – The Swiss National Bank expects inflation to rise, Chairman Thomas Jordan said in an interview to be broadcast later on Monday. The SNB has been broadly successful …
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ZURICH (Reuters) – UBS and Credit Suisse lost some ground in their combined share of the Swiss funds business last year, the Asset Management Association of Switzerland said on Monday, …
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ZURICH (Reuters) – Further interest rate hikes from the Swiss National Bank are not needed given the bank’s latest inflation forecasts, SNB Chairman Thomas Jordan told Swiss newspaper Aargauer Zeitung …
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PARIS (Reuters) – BNP Paribas has signed an agreement with France’s leading consumer group CLCV for between 400 million and 600 million euros ($662.3 million) compensation after its consumer credit …
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ZURICH (Reuters) – Switzerland’s financial regulator wants to discuss the ability to claw back bonuses from bankers as part of stronger powers following the fall of Credit Suisse and sale …
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By John Revill ZURICH (Reuters) – Switzerland’s capital is examining a pilot scheme to allow the sale of cocaine for recreational use – a radical approach to the war on …
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By Gabrielle Tétrault-Farber GENEVA (Reuters) – The head of the U.N. Palestinian refugee agency (UNRWA) denounced a move by Switzerland to cut aid as the Gaza Strip faces a humanitarian …
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(Reuters) – Swiss bank UBS plans to expand its presence in the U.S. market as part of its strategy to hit $150 billion in net new money, or inflow of …
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ZURICH (Reuters) -Switzerland’s economy grew by 0.3% during the third quarter, the government said on Friday, as the service sector helped offset stagnating manufacturing growth. The rate – adjusted for …
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ZURICH (Reuters) -UBS Chairman Colm Kelleher has called for the Swiss financial industry regulator FINMA to be given more powers after the downfall of Credit Suisse showed the authority lacked …
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ZURICH (Reuters) – The Swiss National Bank said on Thursday it will start a pilot project next month using central bank digital currency (CBDC) for financial institutions, with UBS and …
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By John Revill BERN (Reuters) – Swiss National Bank (SNB) Chairman Thomas Jordan on Wednesday defended the central bank’s handling of the Credit Suisse crisis including handing out emergency cash …
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ZURICH (Reuters) – Switzerland’s economy is expected to grow by 1.3% this year, the government said on Wednesday, significantly below the country’s long-term average as industry struggles with weak demand …
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ZURICH (Reuters) – Switzerland gave a rare glimpse on Friday into so far highly secretive procedures for its inquiry into Credit Suisse’s demise, saying it will examine the actions of …
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(Reuters) – Credit Suisse clients withdrawing their money as the bank headed for collapse likely accounts for the first significant balance sheet contraction in a decade for all banks in …
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ZURICH (Reuters) – The Swiss economy stagnated during the second quarter of 2023, the government said on Monday, with zero growth reported as the slowdown abroad hit the country’s manufacturing …
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MILAN (Reuters) – Shares in UBS hit their highest level since October 2008 on Thursday, extending a strong run that has put the Swiss bank well ahead of its European …
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ZURICH (Reuters) – UBS and Inside Paradeplatz have settled a lawsuit initially brought against the popular Zurich based finance blog by Credit Suisse, the publication said on Tuesday. As part …
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ZURICH (Reuters) – Switzerland’s financial regulator looked into the risk of money laundering at 30 banks this spring, FINMA said in an analysis published on Thursday, after identifying shortcomings in …
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By Brenna Hughes Neghaiwi ZURICH (Reuters) -Swiss private bank Julius Baer will end all business with clients based in Russia, it told them in a letter seen by Reuters on …