Switzerland mulls VAT increase to finance pension hike
Switzerland’s government announced on Wednesday that it prefers raising the country’s value-added tax (VAT) rather…
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Switzerland
UK banks can be wound down without public funds – BoE
The Bank of England (BoE) announced on Tuesday that Britain's top eight banks, including HSBC, Barclays, Lloyds,…
UBS completes merger with Credit Suisse’s Swiss unit
Swiss bank UBS announced on Monday the completion of its merger with Credit Suisse's domestic operations.
Switzerland’s economy to grow 1.4% in ’25 – IMF
The International Monetary Fund (IMF) has forecast a gradual recovery for Switzerland’s economy, predicting an…
Foreign lenders eye Swiss market post UBS-Credit Suisse deal
As Credit Suisse fades into history following its takeover by UBS, global banks are expanding their presence in…
UBS, Credit Suisse Swiss units merger expected by July 1
The merger of the Swiss units of UBS and Credit Suisse could be finalised as early as July 1, as reported by…
Switzerland’s GDP surges
Switzerland’s economy "unexpectedly maintained momentum" at the start of the year on services and private…
FTSE 100 drops on sage group’s decline
London's FTSE 100 experienced a decline on Thursday, driven by several companies, including oil giant BP, trading…
UBS job cuts to start late ’24 – CEO
UBS's CEO announced on Tuesday that the bulk of job reductions in Switzerland, the bank’s home market, would…
Swiss freeze on Russian assets dwindles to $6.36b in ’23
The Swiss authorities have reported a year-over-year decrease of 1.7 billion Swiss francs in the value of frozen…
