Switzerland

Credit Suisse collapse probe slams banking regulator

BERN — Switzerland's financial regulator was ineffective in tackling the scandals at Credit Suisse, where executive mismanagement scuppered the bank…

2 months ago

UK’s richest family get jail terms for exploiting staff at Swiss villa

GENEVA — A Swiss court handed jail sentences to four members of Britain’s richest family, the Hindujas, on Friday, branding…

8 months ago

Swiss central bank head steps down in surprise move

ZURICH — The head of Switzerland’s central bank, Thomas Jordan, will step down in September after 12 years in charge,…

12 months ago

India eyes RM477b investment deal with Switzerland, Norway

INDIA is close to finalising a first-of-its-kind trade deal that could see a small group of European nations invest as…

1 year ago

Swatch posts lower-than-expected profit for 2023

ZURICH – Switzerland’s Swatch, maker of luxury timepieces Tissot, Longines and Omega, reported on Tuesday a lower-than-expected net profit for…

1 year ago

UBS’s Credit Suisse takeover, ‘deal of the century’?

ZURICH – Did banking giant UBS make “the deal of the century” when it bought one of the world’s biggest…

1 year ago

Red Cross receives gold bars left on Swiss train

GENEVA – A mysterious stash of 120 gold bars found on a Swiss train nearly four years ago has been…

1 year ago

Swiss watchmakers counting the clock until Chinese tourists return

GENEVA, Switzerland | Switzerland’s major luxury watch brands are cautiously optimistic that Chinese tourists will boost sales this year, if…

2 years ago

Strengthening Malaysia’s position in Davos

I WOULD like to respond to your article dated Jan 29 entitled “Anwar wise to skip Davos. Tengku Zafrul, tell…

2 years ago

Portugal’s young gun Ramos stepping into Ronaldo’s shoes

DOHA – Goncalo Ramos was thrown into the eye of the storm, but it was Portugal’s 21-year-old striker who brought…

2 years ago

Credit Suisse banking on restructure revamp

ZURICH, Switzerland – New Credit Suisse CEO Ulrich Koerner, faced with trying to turn around the beleaguered bank following multiple…

2 years ago

Swiss banks seek most dollars since 2008 in bid for easy profit

Banks in Switzerland sought the most dollars since 2008 using an emergency dollar swap facility provided by the Federal Reserve…

2 years ago

Switzerland’s glaciers are becoming a front-row seat to climate destruction

FOR most of its existence glaciology has been a slow-moving profession, but this year is different. The belting heat waves…

2 years ago