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Business & Finance
Credit Suisse CEO confident amidst plummeting stock
3 October 2022
As shares in Credit Suisse fell by another 10 percent in early trading Monday, the CEO Ulrich Körner attempted to reassure the public that the globally significant Swiss bank has “what it takes to succeed.
Switzerland at your door: A Q&A with Swiss Made Direct’s CEO
29 September 2022
UltraSwiss recently sat down with Yves Beljean, the owner and CEO of Swiss Made Direct, the first and foremost online store for all Swiss made products.
Is this the end of Swiss banking secrecy?
28 September 2022
Swiss banks have become the preferred haven for royalty and the wealthy elite to stash their money thanks to Switzerland's banking secrecy regulations.
Credit Suisse in turmoil: Is the bank splitting up?
23 September 2022
Hours after a report was published alleging that Credit Suisse was splitting into three parts, its stock began plummeting and the bank challenged the report – causing panic among investors.
Parliament extends billions to Swiss energy providers: bailout or blackmail?
19 September 2022
Members of Swiss parliament are decrying the government’s recent approval of a CHF 10 billion bailout package for local electricity providers – the hefty package comes days after Parliament also extended a CHF 4 billion credit line solely for energy provider Axpo.
How Switzerland became a tax haven
8 September 2022
Switzerland has maintained its image as a tax haven for decades; but in today’s world, does this reputation still ring true? No matter what is in your checking account, moving to Switzerland will incur jokes among your friends about if you are doing it for the tax breaks.
How Swiss businesses became the casualties in Europe’s ‘War on Electricity’
7 September 2022
SRF Schweizer Radio und Fernsehen this week explores how Swiss companies are paying the price in Europe’s looming energy crisis and how some businesses are taking matters into their own hands.
Swiss business buys Russian bank
6 September 2022
Why Swiss residents rent instead of own, how the pro-life movement is gaining ground in Switzerland and more in our roundup of Swiss news from September 2 - 6.
Credit Suisse under fire
21 June 2022
Ukrainians struggle to find work, inside a Swiss capsule hotel, and more in our roundup of Swiss news from June 17 – 21.
IRS demands Swiss banks cough up info
17 June 2022
Migros will not stock alcohol, Health minister Alain Berset cleared of charges, and more in our roundup of Swiss news from June 14 - 17.
How sanctions are squeezing the Swiss luxury market
6 June 2022
After Western countries mounted sanctions against Russian assets abroad in response to the war in Ukraine, a cat-and-mouse game regarding that wealth started in Switzerland between regulators and oligarchs.
Which Swiss companies won’t pull out of Russia
3 June 2022
Swiss border patrol agents found an unusual item, a bigger military budget was approved, and more in our roundup of Swiss news from May 31 – June 3.
Switzerland’s wealth distribution: Is it equal?
23 May 2022
While the gap between rich and poor has been steadily widening in many countries, the situation in Switzerland has remained stable over the past decades, according to recent statistics.
Why Swiss banks can’t find billions in Russian money
29 April 2022
Swiss dignitaries visit Ukraine, how the Swiss military could be modernized and more in our roundup of Swiss news from April 25-29.
Hiding your money? Don’t use Switzerland
22 February 2022
The United States is more complicit than Switzerland when it comes helping people hide their money, according to a report.
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