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          Switzerland

          Latest news headlines and business and banking stories from the European country

          The UK Government hopes to update its existing agreement to make it easier to export services — financial, legal and architectural, among others. PA Wire

          Kemi Badenoch to hold Swiss talks to modernise trade deal

          UKMay 14, 2023
          Indian actress Priyanka Chopra Jonas arrives at the Met Gala on May 1 wearing the diamond, alongside her husband Nick Jonas. AFP

          Rare diamond worn by Priyanka Chopra Jonas expected to fetch $25m

          UKMay 08, 2023
          SNB's net profit for the three months to the end of March reached $1.33 billion. Reuters

          Saudi National Bank’s first-quarter net profit rises 12% on higher operating income

          BankingMay 01, 2023
          Swiss bank UBS said its net income attributable to shareholders for the three months to the end of March slid to $1.03 billion. Reuters

          UBS first-quarter profit slumps 52%

          BankingApril 25, 2023
          A Credit Suisse branch office in Bern, Switzerland. Reuters

          Credit Suisse had $69bn of outflows amid meltdown

          BankingApril 24, 2023
          UBS Group’s former chief executive Ralph Hamers and its chairman Colm Kelleher at the end of the banking company’s AGM in Basel, Switzerland, on Wednesday. Reuters

          UBS assures investors Credit Suisse takeover will pay off

          BankingApril 05, 2023
          Axel Lehmann, chairman of Credit Suisse Group, speaks at the company's annual general meeting of shareholders in Zurich. Bloomberg

          Credit Suisse chairman apologises to investors for bank's failure

          BankingApril 04, 2023
          Credit Suisse bankers are already in contact with headhunters seeking new jobs. Reuters

          UBS to cut up to 30% of global workforce after Credit Suisse rescue

          BankingApril 02, 2023
          Several people have been injured, at least one seriously, in two separate train derailments that happened in quick succession in bad weather in north-western Switzerland, police said. AFP

          Severe storm causes two trains to derail in Switzerland, injuring 15 people

          EuropeMarch 31, 2023
          Patek has been dealing with a surge in popularity and demand for the Nautilus collection in recent years. Photo: Patek Philippe

          Patek set to unveil new line that may compete with its famed Nautilus

          BusinessMarch 31, 2023
          Sergio Ermotti will return to lead UBS following its acquisition of Credit Suisse. EPA

          UBS brings back Sergio Ermotti as CEO after Credit Suisse takeover

          BankingMarch 29, 2023
          The Justice Department is seeking to identify which UBS and Credit Suisse employees dealt with clients under sanctions. Bloomberg

          Credit Suisse and UBS under scrutiny in US sanctions probe

          BankingMarch 24, 2023
          UBS agreed to buy its rival Credit Suisse in a government-brokered deal on March 19. Bloomberg

          UBS offers to buy back bonds issued before Credit Suisse takeover

          BankingMarch 22, 2023
          An illustration of the electrically-powered Passenger Hydro Aircraft Zero Emission 100 (PHA-ZE 100), made by Swiss start-up Jekta. Photo: Jekta

          Dubai's Gayo Aviation orders 10 amphibious aircraft from Jekta

          AviationMarch 22, 2023
          Premises of Swiss banks UBS and Credit Suisse in Zurich, Switzerland. Reuters

          Credit Suisse shares fall 60% despite UBS deal

          EuropeMarch 20, 2023
          The global headquarters of Swiss bank Credit Suisse in Zurich, Switzerland. Getty

          How Credit Suisse’s 166-year history ended

          BankingMarch 20, 2023
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