UBS overhauls structure, offers investors extra cash
ZURICH (Reuters) - UBS will revamp its corporate structure to ensure it can be broken up more easily in a crisis, cutting the amount of money it must set aside...
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Exclusive: Widow of Zurich CFO to confront insurer at AGM over suicide
ZURICH (Reuters) - Seven months after the suicide of Zurich Insurance finance chief Pierre Wauthier, his widow is set to confront the company over its handling of the tragedy, reopening...
Swiss name British ex-UBS banker head of financial regulator
BERN/ZURICH (Reuters) - The Swiss government named British-born former banker Mark Branson on Wednesday as the first non-Swiss national to head its financial regulator, just as the body probes currency...
Italian watchdog says Novartis, Roche colluded over eye drug
ZURICH/MILAN (Reuters) - Italy's antitrust authorities said Swiss drugmakers Novartis and Roche colluded to try to stop cancer drug Avastin being used to treat a serious eye disease, and fined...
Italian watchdog says Novartis, Roche colluded over eye drug
ZURICH/MILAN (Reuters) - Italy's antitrust authorities said Swiss drugmakers Novartis and Roche colluded to try to stop cancer drug Avastin being used to treat a serious eye disease, and fined...
Italy may bar Swiss banks from selling to retail clients: Swiss diplomat
BERN (Reuters) - Swiss banks risk being banned from selling financial products to retail customers in Italy after Swiss voters backed plans to limit immigration from the European Union, Switzerland's...
Italy may bar Swiss banks from selling to retail clients: Swiss diplomat
BERN (Reuters) - Swiss banks risk being banned from selling financial products to retail customers in Italy after Swiss voters backed plans to limit immigration from the European Union, Switzerland's...
EU halts research, educational talks with Switzerland
BRUSSELS/ZURICH (Reuters) - The European Union said on Sunday it has postponed negotiations with Switzerland on its participation in multibillion-dollar research and educational schemes in the latest fallout from a...
SNB urges UBS, Credit Suisse to improve capital, leverage ratios
ZURICH (Reuters) - The Swiss National Bank on Thursday urged UBS and Credit Suisse to improve their capital and leverage ratios, which it said would be a key focus in...
European banks pay heavy price for scandals
AMSTERDAM/ZURICH (Reuters) - Four European banks paid a heavy price on Tuesday in a clean-up of the financial industry, with Rabobank fined $1 billion and three other major lenders preparing...