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UBS expects Swiss National Bank to record CHF80bn profit in 2024

Confederation and cantons can count on distribution from the National Bank

This content was published on Jan 7, 2025 The Swiss National Bank (SNB) is expected to make a net profit of CHF80 billion ($88.4 billion) in 2024, according to UBS.

It is a daily nuisance at bus stops in the Swiss city of Winterthur: waste bins overflow again and again. Litter is also strewn all around. Most of the rubbish comes from private households. According to the city, private household rubbish accounts for more than half of the waste volume at individual bus stops. On average, it is around 30%.

Swiss city takes tougher measures in fight against littering

This content was published on Jan 7, 2025 Bus stops are often misused as waste disposal sites. Campaigns have failed to solve the problem.

Julius Bär sells its local activities in Brazil

Swiss bank Julius Bär sells its Brazilian operation

This content was published on Jan 7, 2025 Swiss private bank Julius Bär has signed an agreement to sell its operation in Brazil for 615 million reais, or CHF91 million ($100.7 million).

Visitors look watchs at the Audemars Piguet booth, during the first day of the 29th edition of the Salon International de la Haute Horlogerie, SIHH, in Geneva, Switzerland, Monday, January 14, 2019. (KEYSTONE/Salvatore Di Nolfi)

Rolex, Patek Philippe used watch prices fell to three-year low in 2024

This content was published on Jan 7, 2025 Prices for the most sought-after used watch models from top Swiss brands Rolex, Patek Philippe and Audemars Piguet fell again in 2024, hitting fresh three-year lows.

Switzerland Today

This content was published on Jan 6, 2025 Centre Party President Gerhard Pfister will step down in the summer.

Gut-Behrami and Odermatt take centre stage at Swiss Sports Awards

This content was published on Jan 6, 2025 The most successful Swiss athletes of 2024 were honoured at the Sports Awards.

Credit Suisse is accused of failing to fully cooperate with investigations.

Credit Suisse Nazi ties ‘ran deeper than thought’: media report

This content was published on Jan 4, 2025 Credit Suisse is alleged to have withheld details of its historic links with World War II-era Nazi clients, says the Wall Street Journal.

Swiss visionary transforms South American luxury watch market

This content was published on Jan 4, 2025 A portrait of an entrepreneur who straddles the disparate worlds of luxury watchmaking and farming in Switzerland and South America.

That is why the levels of Swiss reservoirs are currently low There is currently significantly less water in the reservoirs than usual at this time of year. They are currently only about half full. But this is no reason to worry: the low water levels show that the electricity business is doing well.

Switzerland Today

This content was published on Jan 3, 2025 Low water reservoirs, reduced parking spots and a critique of EU relations: this plus some animal trivia in today’s briefing, for you from Switzerland.

Swiss insurer Helvetia says 500 jobs affected by cost-cutting

This content was published on Jan 3, 2025 Some 500 jobs, including 200 to 250 in Switzerland, are affected by the new operational efficiency measures recently announced by insurer Helvetia.

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UBS expects Swiss National Bank to record CHF80bn profit in 2024

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Swiss city takes tougher measures in fight against littering

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Swiss bank Julius Bär sells its Brazilian operation

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Rolex, Patek Philippe used watch prices fell to three-year low in 2024

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Switzerland Today

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Gut-Behrami and Odermatt take centre stage at Swiss Sports Awards

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Credit Suisse Nazi ties ‘ran deeper than thought’: media report

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Swiss visionary transforms South American luxury watch market

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Switzerland Today

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Swiss insurer Helvetia says 500 jobs affected by cost-cutting

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