Credit Suisse, Switzerland's second-biggest bank, said Tuesday it would reorientate its domestic services towards digital banking, with a quarter of its Swiss branches to close and hundreds of jobs at risk.
A woman activist spray painted a message on a billboard outside Switzerland’s central bank on Friday in an echo of a similar protest last year in which an 86-year-old woman was arrested.
Zurich cantonal bank (ZKB) has determined the best location for its new cableway across Lake Zurich, a project aiming to celebrate the bank’s 150th birthday in 2020.
Credit Suisse, Switzerland's second-biggest bank, said on Thursday that its net profit soared in the third quarter as it makes progress with an ambitious restructuring and cost-cutting programme.
Switzerland says it has widened its probe into Malaysia's scandal-tainted state investment fund, 1MDB, with transactions worth $800 million under scrutiny and evidence pointing to fraud through "a Ponzi scheme".
The Swiss National Bank (SNB) says it has "intervened" in the foreign exchange market to stabilize the franc, considered a safe haven currency, following the Brexit vote.
Swiss banking giant Credit Suisse says it is aiming to cut an extra almost $1 billion in costs and slash thousands more jobs as it beefs up an ongoing restructuring programme.
Swiss labour inspectors said Thursday they were investigating the Zurich offices of US bank Goldman Sachs after staff complained about breaches of rules on working hours.
Bayern Munich boss Uli Hoeness said on Thursday he will take legal action over allegations he hid more than a hundred million euros in a Swiss bank account, which he says amount to slander.
Swiss banking giant Credit Suisse has reported a 32 percent rise in second-quarter profit from a year ago to 1.04 billion francs, largely thanks to a strong trading performance.
Switzerland will likely have no choice but to give up its cherished bank secrecy practices amid mounting international pressure to fight tax evasion, a top scholar of banking law said in an interview published on Saturday.
Switzerland's supreme court on Thursday ordered Austrian bank UniCredit to pay Germany over 254 million euros ($333 million) to end a legal battle dating back to the fall of the Berlin Wall two decades ago.
Swiss banking giant Credit Suisse said on Thursday that third-quarter net profit plunged 63 percent to 254 million Swiss
francs ($225.6 million) and that it would enact further cost cutting measures.
There are "some 30 billion" euros held by Belgian taxpayers in Swiss bank accounts, Belgian Foreign Minister Didier Reynders said on Thursday as he advocated a possible deal to claw back one third.
Liechtenstein is considering automatically sharing information on bank accounts held by foreigners in the Alpine nation, enabling taxation by their home countries, Prime Minister Klaus Tschütscher said in a newspaper interview on Wednesday.
The sale and purchase of CDs listing the details of Germans suspected of stashing assets in Swiss banks to avoid taxes should be made illegal, Germany's justice minister told a newspaper on Saturday.
The German region of North Rhine-Westphalia will continue to buy data on people suspected of stashing assets in Swiss banks to avoid taxes, the state premier was quoted as saying on Sunday.
Retail bank Raiffeisen is Switzerland's latest institution to part with its US clients because of increasing red tape
and amid an ongoing tax row with the United States, media reports said on Saturday.
