Swiss stock exchange operator SIX to cut 150 jobs in efficiency drive
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"We're not revealing the number of job losses at each location at the moment," said a SIX spokesperson. However, there will be cuts in Switzerland as well.
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Tariffs play a key role in US President Donald Trump’s economic strategy and diplomatic moves. But who truly benefits, and who pays the price?
Swiss Senate backs stricter rules for systemically important banks
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The Swiss Senate has adopted a motion calling for stricter rules for systemically important banks following the Credit Suisse-UBS emergency merger.
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The Swiss bank UBS was fined €75,000 (CHF71,410), the maximum penalty, in Paris on Monday for moral harassment by its French subsidiary of two whistleblowers.
Swiss regulator fines US bank Citi over fat-finger crash
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Citigroup fined CHF500,000 by Swiss stock exchange regulator after a fat-finger trade caused a 2022 flash crash in European stocks.
Swiss central bank chief rejects holding bitcoin in reserves
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Swiss National Bank (SNB) President Martin Schlegel rejects the idea that the central bank should hold part of its reserves in bitcoin, as proposed by a people's initiative.