Former executives of the now defunct bank Credit Suisse will be able to keep their bonuses.
The Federal Council reached this conclusion in its report on banking stability, which took stock of the legal means available to retroactively sanction managers of a bank who mismanaged funds.
It was determined that any request for reimbursement would have little chance of success.
Non-Swiss vote debate more complicated
Three major Geneva politicians have come out against an initiative to give foreigners the right to vote and to stand in local elections.
Hospital cut from insurance firm
A move by the health insurer, Groupe Mutual, has sent shockwaves through the local medical system.
Major demonstration against sacking of gay teacher
Hundreds demonstrated in Pfäffikon in canton Zurich against the dismissal of a gay teacher.
Vaud snow groomer dies from injuries
The man who was driving a snow groomer in canton Vaud, which plunged down a 400-meter slope at the beginning of last week, has died in hospital – says Vaud police.
Cycling fans brave the rain and Servette in the final
The rain didn’t put off thousands of people to watch the end of the Tour de Romandie in Geneva over the weekend.
Weekend jams at the Gotthard
There were major jams at the Gotthard Tunnel this weekend.
