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Swiss, Credit Suisse
Swiss regulator investigating Credit Suisse's final months, report says
Swiss financial market regulator FINMA ordered an audit into Credit Suisse's handling of events leading to its demise in 2023, when the bank was acquired by its longtime rival UBS , Swiss newspaper SonntagsZeitung reported on Sunday.
Credit Suisse Takeover Is Focus of Swiss Regulator’s Probe, Paper Says
Switzerland’s banking regulator is investigating the final 15 months of Credit Suisse as an independent bank and its rescue by UBS Group AG, according to SonntagsZeitung.
Switzerland is said to order audit of Credit Suisse’s final days
Switzerland’s financial-markets regulator ordered an audit of Credit Suisse’s actions that led to its collapse in March 2023, Swiss newspaper SonntagsZeitung reported on Sunday. The bank was acquired that month by longtime rival UBS (NYSE:UBS) for a knockdown price of $3.
Swiss voters reject plan to boost biodiversity
Birds, bees and ballots: Swiss voters reject plan to better protect the country's biodiversity
Switzerland, known for natural beauty like pristine lakes and majestic Alpine peaks, ranks among the world's richest countries whose plant and animal life is under the greatest threat. Environmentalists were seeking better protections for the country's biodiversity in a nationwide vote that culminated Sunday.
Swiss voters reject plan to boost biodiversity conservation
Voters in Switzerland rejected on Sunday a proposal to enhance nature protection in the country, with opponents claiming the reform would be too costly and jeopardise business development. Dubbed “For the future of our nature and our landscape” and backed by conservation organisations Pro Natura,
Swiss Voters Shoot Down Government’s Pension-Fund Reform
Swiss voters rebuffed a government plan to reform company pension funds, marking the second time this year that a proposal to adapt the country’s retirement system to changed demographics was rejected in a plebiscite.
Swissinfo
1h
Swiss butchers under pressure despite steady meat consumption
According to the head of the
Swiss
Meat Association, pressure on butchers has increased despite constant meat consumption.
1d
No End In Sight For Swiss Watch Industry Downturn
Swiss watch exports volumes fell in August. The industry continues to struggle with weak demand from China and a strong Swiss ...
5d
Swiss regulator seizes $15 mln from private bank Mirabaud over laundering case
Swiss financial market regulator FINMA on Tuesday said it had confiscated 12.7 million Swiss francs ($15 million) from ...
finews
1h
Where the Swiss Financial Center Needs to Set the Course
Switzerland has some catching up to do when it comes to modern payment systems. This is not just a generational issue, says ...
4d
Swiss Government Sees Sharp Drop in Inflation Rate Next Year
Switzerland’s government slashed its inflation forecasts, a move in line with expectations that the central bank will cut ...
Swissinfo
3h
One fifth of Swiss households heat with heat pumps
The proportion of heat pumps in Swiss households has increased fivefold since 2000. This is shown by the new building and ...
Romania Insider
4h
Swiss vacuum valve producer VAT builds factory in Romania
VAT Romania, part of the Swiss group manufacturer and supplier of vacuum valves, has started the construction of its new ...
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