Investigation into collapse of Credit Suisse beset by delays
2024-03-14
In March 2023, Credit Suisse collapsed. An uncontrolled bankruptcy could only be prevented by big government aid and an emergency merger with competitor UBS. Switzerland is now waiting for a parliamentary inquiry report to reveal who was at fault as the bank disintegrated.
CEO pay: can Switzerland compete with the US?
2024-03-07
Swiss CEOs are some of the best paid in Europe but compared to peers in the United States, their salaries look modest. Some in the Swiss pharmaceutical industry see this as a problem.
Young Socialists demand inheritance tax on ‘super rich’
2024-02-08
The wealthiest in society “must pay for the fight against the climate crisis”, said the group on Thursday as they handed in over 140,000 signatures for a people’s initiative.
Swiss banker pleads guilty to tax offences in the US
2023-12-22
A Swiss banker has pleaded guilty to tax offences in the United States. Between 2008 and 2014, he allegedly helped wealthy US clients hide their assets from the US authorities in accounts at Zurich-based Ihag Privatbank.