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.
New covid variant being monitored
A new coronavirus variant is being closely monitored.
Traffic already heavy
Holiday traffic is building up at one of Switzerland’s key transit routes.
Property tax change coming in 2029
Switzerland is set to overhaul how homeowners are taxed, with major changes coming at the end of 2028.
Karin Keller-Sutter looks to sue Grok
The finance minister has taken legal action in a case that could set a precedent for AI accountability.
Top court rules protestors' fines stand
The Federal Court has upheld convictions against climate activists over a major protest in Zurich.
Bern considers US defense contracts
Switzerland could reconsider a key defense purchase amid growing uncertainty.
