Geneva's financial sector is warning that losing UBS would be bad for Switzerland, even as its banks post strong growth driven by Middle Eastern fortunes
The Fondation Genève Place Financière said on Tuesday that Geneva wealth managers saw assets under management rise between 3 and 14% in the first half of 2026, with net inflows playing as big a role as market performance.
The Swiss financial centre has also passed CHF 10 trillion in managed assets for the first time, breaking its 2025 record.
Swiss office reopened in North Korea
Switzerland reopened its diplomatic office in Pyongyang yesterday — the first visit by a Federal Councillor to North Korea in more than twenty years
Cancelled hearing in Crans Montana
Jessica Moretti will no longer face her husband in court next week
Annemasse commercial areas hopeful for new tramline extension
Shopkeepers in Annemasse are counting on the extended tram line to win back the Geneva customers they say have deserted the town centre
UDC candidate screening underway
The UDC is putting its eight candidates to succeed Guy Parmelin through a job-interview-style screening
Swiss internet quality beats near neighbours
Swisscom and Sunrise have both scored "exceptional" in a yearly internet quality test, beating all their German and Austrian competitors
Haute Savoie motorway goes ahead
Construction of the A412 motorway between Machilly and Thonon in Haute-Savoie can continue, after a court ruling yesterday
