Swiss National Bank ‘ready to consider’ negative interest rates
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The Swiss National Bank (SNB) is prepared to lower its key interest rate even further in the face of economic uncertainty, Chair Martin Schlegel said on Tuesday.
UBS will pay $511 million to end Credit Suisse US tax probe
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UBS Group AG agreed to pay $511 million ($420 million) to settle a US investigation into how Credit Suisse Group, the Swiss bank it bought, helped rich Americans evade taxes.
Dubai attracts Swiss family offices tired of tax and regulation
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Swiss family offices that manage assets for the very wealthy are looking to move to Dubai as a confluence of factors erodes Switzerland’s attractiveness.
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For the first time, most Swiss residents favour withdrawing their pension pot as a lump-sum over regular annuity payments.
Net wealth of Swiss households rises to CHF4.8 trillion
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Private household assets in Switzerland continued to grow strongly in 2024. The increase was driven by both the growth in financial assets and higher property assets.
SNB chairman does not rule out slowdown in Swiss growth
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Martin Schlegel, chairman of the Swiss National Bank (SNB), does not rule out a weakening of the Swiss economy in light of the tariff dispute.
In Switzerland more people are being referred to electrical therapies or psychedelic-assisted psychotherapy. Are there similar approaches where you live?
