By John Revill ZURICH (Reuters) – Overnight deposits held by the Swiss National Bank plunged by 77.5 billion Swiss francs ($78.32 billion) last week, their …
ZURICH (Reuters) – Swiss consumer price inflation slowed to 3.3% in September but still surpassed the Swiss National Bank’s 0-2% target range for the eighth …
ZURICH (Reuters) – The Swiss franc is not highly valued despite its nominal rise, Swiss National Bank Chairman Thomas Jordan told a Swiss newspaper, adding …
KLOTEN, Switzerland (Reuters) – More than 300 pilots marched on Swiss International Air Lines headquarters near to Zurich airport on Thursday to press their contract …
By Oliver Hirt ZURICH (Reuters) – U.S. investment bank JP Morgan’s head of Switzerland, Nick Bossart, is moving to Rothschild & Co to lead its …
LUCERNE, Switzerland (Reuters) – The Swiss National Bank is ready to take further steps to fight inflation despite price rises in Switzerland being relatively modest …
ZURICH (Reuters) – Switzerland’s second-quarter current account surplus narrowed by nearly 1 billion Swiss francs to 11 billion Swiss francs ($11.23 billion), the Swiss National …
ZURICH (Reuters) – A fire broke out early on Monday at a mountaintop restaurant in the Swiss Alps at an altitude of 3,000 metres (9,800 …
ZURICH (Reuters) – Switzerland will temporarily halt the exchange of tax information with Russia and make it harder for Russian citizens to get visas, the …
ZURICH (Reuters) – Credit Suisse’s Swiss unit has become more efficient and growth focused in recent years and will thus be hit less by restructuring …
LONDON (Reuters) – Goldman Sachs recommends investors short the euro against the Swiss franc following the European Central Bank’s record rate increase as they think …
ZURICH (Reuters) – Switzerland will create a hydropower reserve to make sure the Alpine country has enough electricity through the coming winter, the government said …
ZURICH (Reuters) – The Swiss government is expected to run a budget deficit of 5 billion Swiss francs ($5.25 billion) for 2022, it said on …
ZURICH – The Swiss purchasing managers’ (PMI) index fell by 1.1 points in July, according to data published on Tuesday, but remained in positive territory …
ZURICH – The Swiss National Bank may take monetary policy measures at any time between its regular meetings if it deems it necessary, the bank …
ZURICH – Credit Suisse on Tuesday said it was naming Roger Suter its new head of private banking in Switzerland, succeeding current manager Serge Fehr. …
FRANKFURT – Deutsche Lufthansa’s Swiss business said on Tuesday it would cut about 2% of its flights scheduled between August and October because of labour …
By Yoruk Bahceli, Saikat Chatterjee and Tommy Wilkes LONDON – From Silicon Valley shares to U.S. and European government bonds, securities that are already under …
By Jamie McGeever ORLANDO, Fla. – If estimates that world markets face a record $4 trillion liquidity drain over the next 18 months are even …
By Silke Koltrowitz ZURICH -Toblerone maker Mondelez will shift some production of its triangular chocolate bars to Slovakia from Switzerland at the end of next …
ZURICH – Members of Swiss cooperative supermarket chain Migros have voted by a clear majority to uphold the ban on alcohol sales its health-conscious founder …
By Indradip Ghosh and John Revill BENGALURU/ZURICH – The Swiss National Bank will keep its negative policy interest rate unchanged on Thursday and will not …
LONDON – Citibank says it expects the Swiss National Bank to hike its key rate by 25 basis points when it meets next week. Swiss …
ZURICH – The Swiss descendent of one of Adolf Hitler’s doctors has released details of letters that show how he treated the Nazi dictator for …
By Paul Arnold ZURICH – Credit Suisse is likely to remain in the blue-chip Swiss Market Index (SMI) when it is up for a review …
ZURICH – Switzerland’s top court upheld a ruling that ride-hailing company Uber should be treated as an employer, dismissing the company’s attempt to overturn a …
ZURICH – Swiss financial market supervisor FINMA on Wednesday extended through August a ban on the Swiss arm of Russia’s largest lender Sberbank from making …
ZURICH – Global monetary policy is moving into a new phase of higher interest rates to combat resurgent inflation, Swiss National Bank Chairman Thomas Jordan …
ZURICH – Swiss supermarket chain Migros, whose health-conscious founder banned alcohol sales when he set up the business in the 1920s, could soon sell wine, …
ZURICH – Swiss Finance Minister Ueli Maurer ruled out government support for consumers hit by high energy prices and said budget cuts may be needed …
By Susanna Twidale LONDON – Insurance firm Swiss Re and banking giant UBS are among five founding buyers of credits from a scheme set up by a Swiss …
Breon Peace, United States Attorney for the Eastern District of New York, announced today that $15,111,453.84 in illicit proceeds derived from an international digital fraud …
By Michael Shields ZURICH – Trading houses can decide for themselves whether commodity deals with state-controlled Russian companies meet the standard of being “strictly necessary” …
ZURICH – Switzerland’s Federal Council has appointed Martin Schlegel as vice chairman of the governing board of the Swiss National Bank, succeeding Fritz Zurbruegg as …
PHILADELPHIA – United States Attorney Jennifer Arbittier Williams announced that Gongda Xue, 52, formerly a resident of Allschwil, Switzerland, a legal permanent resident of Switzerland …
ZURICH – Switzerland’s manufacturing Purchasing Managers Index (PMI) continued its downward trend in April, data released on Monday showed, as prices continued to rise on …
ZURICH – The Swiss National Bank reported a first quarter loss of 32.8 billion Swiss francs ($33.75 billion), the central bank said on Thursday, as …
ZURICH – Lebanese central bank chief Riad Salameh is ready to meet Swiss prosecutors in person to answer questions about their money-laundering investigation, he said …
ZURICH – The United States overtook Germany as Switzerland’s biggest export market last year, mainly thanks to strong growth in chemical and pharmaceutical products over …
ZURICH – The Swiss Financial Market Supervisory Authority (FINMA) has determined violation of market conduct rules at Blackstone Resources AG and one of its directors, …
ZURICH – Armed with a banking licence from the Swiss Financial Market Supervisory Authority, digital wealth manager Alpian plans to launch in Switzerland in the …
By Silke Koltrowitz GENEVA – Swiss watchmakers are gathering in Geneva this week for their first big industry event in three years, tackling the impact …
ZURICH – Prosecutors searched the offices of Swiss private bank Pictet in mid-March in connection with a criminal probe into dealings with Brasilian state-run oil …
ZURICH – Swiss Re shareholders have been urged to vote against the re-election of Chairman Sergio Ermotti at the reinsurance company’s upcoming annual general meeting, …
By John Revill ZURICH – Switzerland has become more vulnerable to a shock from its inflated property sector, Swiss National Bank Vice Chairman Fritz Zurbruegg …
ZURICH – Neutral Switzerland had adopted more European Union sanctions against Russia for invading Ukraine, the cabinet said on Friday, keeping the country in line …
ZURICH – Luxury goods group Richemont has sold its entire 20% stake in Swiss watchmaker Greubel Forsey, documents showed on Thursday. Greubel Forsey said in …
ZURICH – The Swiss National Bank (SNB) has sold most of its Russia-related assets and sees only limited risk for the Swiss financial sector from …
(Corrects currency in 5th graf, no other changes.) ZURICH – The Swiss National Bank will likely hold fast to the world’s lowest interest rate when …
By Oliver Hirt and Brenna Hughes Neghaiwi ZURICH – Switzerland’s secretive banks hold up to $213 billion of Russian wealth, the country’s financial industry association …