The Latest Breaking News from Switzerland

The international community welcomed the latest prisoner exchange agreement reached between the legitimate Yemeni government and Iran-backed Houthi militias. The parties agreed to free 887 detainees and to meet again in May after 10 days of negotiations in Switzerland, the United Nations and the International Committee of the Red Cross…

There has been a lot of talk about the risk of financial contagion following the collapse of California’s Silicon Valley Bank. Perhaps too much talk.

Switzerland’s government says it’s ordering Credit Suisse to temporarily suspend bonuses for employees after orchestrating a plan for the No. 2 Swiss bank to be taken over by rival UBS

Officers from the National Surveillance and the Emergency Response units played a key role in exercise Firestorm, that involved officers from eight other countries, including Austria, Belgium, France, Germany, Luxembourg, the Netherlands, Switzerland and the United Kingdom

Officers played a key role in exercise Firestorm, that involved officers from eight other countries, including Austria, Belgium, France, Germany, Luxembourg, the Netherlands, Switzerland and the United Kingdom

Inflation is receding, albeit slowly, so there’s no reason to risk more financial tumult. Will the central bank see it that way?

In light of the repercussions of the crisis experienced by the Credit Suisse Group, the second largest bank in Switzerland, which has been operating for 167 years, the Saudi National Bank announced on Monday that any change in the fair value of its investment in the Swiss group would not…

The Yemeni government and Iran-backed Houthi militias agreed to free 887 detainees and to meet again in May after 10 days of negotiations in Switzerland, the United Nations and the International Committee of the Red Cross said on Monday. "It's an expression of hope. It's an expression of humanity and…

Switzerland's two biggest political parties sharply criticized UBS's takeover of Credit Suisse saying multi-billion state support for the deal created enormous risks for the country.

The European financial system is "resilient" the European Central Bank said on Monday, as global bank shares and oil prices slumped following the announcement that Switzerland's biggest bank UBS will take over troubled rival Credit Suisse.

Credit Suisse, a storied bank established in the 19th century, is in its last days as an independent entity. Switzerland's largest bank UBS has agreed to acquire it in a $3.2 billion all-share deal. The forced takeover was brokered by regulators and the Swiss government, who feared reputational damage to…