A report in yesterday’s SonntagsZeitung suggests many former Credit Suisse managers were taking massive bonuses in the years before the bank’s collapse.
According to the paper seven executives pocketed over CHF 130m
The payments were kept secret from shareholders.
The government is already looking at reforms which would limit executive pay for those working for banks deemed too big to fail.
Swiss hospitals on alert after devastating resort fire
A fire at a bar in the resort of Crans Montana has killed around 40 people and injured more than 100 – most of them seriously.
Guilty of rape, jailed - then deported
It was rape — and a rape marked by cruelty.
US tarrifs cut - for now
New U.S. tariffs on Swiss imports have officially taken effect. But they maybe short lived.
School student accused of Twint theft
It’s thought a student at a Vaud High School has been cashing in.
Yet another scam to be careful of
Switzerland’s Federal Office for Cybersecurity is warning about a growing callback scam targeting bank and payment app users.
Injuries over Xmas soar
Candles, cooking and fireworks make the holidays festive, but also riskier, warns Swiss accident insurer SUVA.
