Janka wins World Cup title

A report prepared for parliament by UBS reveals that 20 other Swiss banks have violated American laws in their operations, according to a report by the Zurich-based Tages-Anzeiger newspaper.

The...

Embarrassed by the theft of account data of thousands of clients, HSBC Private Bank (Suisse) SA said it is spending 100 million francs to improve its security.

The bank issued an apology on Thursday...

Jean-Claude Gandur, a wealthy businessman and art lover, has pledged to donate 20 million francs for the long-planned renovation and expansion of Geneva’s 100-year-old art and history museum.

Implenia shares rose almost five percent on the Swiss exchange on Thursday after the country’s leading construction company posted an improvement in earnings for 2009.

The company recorded...

British-based bank Barclays is hiring “several dozen” Swiss franc currency traders as part of plan to start forex trading in Switzerland, according to a recent report from Handelsblatt, the German...

Carlo Janka’s lead in the World Cup ski standings shrank Thursday after the Swiss finished 11th in the Super-G competition at Garmisch-Partenkirchen.

The race was won by Canadian Erik Guay.

After retiring as chairman of the Swiss...

Swiss International Air Line’s operating profit in 2009 fell to 146 million francs, down 69 percent from 472 million francs in the previous year.

Revenues fell 17 percent to 4.36 billion francs,...

Expedia, the leading global online travel service, announced on Thursday that it is transferring its hosting division headquarters to Geneva.

The new setup will be operational this summer...

Rush hour traffic in Geneva was...

Libya renewed on Thursday its calls for Switzerland to drop a blacklist of high-ranking Libyans that effectively prevents them from entering most of Europe.

The United Nations ambassador for...

HSBC Holdings now says that data stolen by a former employee affected about 15,000 Swiss clients rather than “less than 10 clients” as it initially claimed.

Herve Falciani, a former IT specialist...

Swiss health insurance company Helsana said Wednesday it plans to cut staff by 500 between now and 2012 in a bid to save 80 million francs.

The Zurich-based company, which employs 3,200 people,...

Swiss city hotels remained the costliest in Europe in 2009, according to a report released on Wednesday by Hotels.com, a German-based reservation website.

The average price of a room in Switzerland...

Switzerland’s Carlo Janka won the final downhill ski race...

Switzerland’s economy should grow one percent this year, the country’s central bank said in a report released to parliament on Wednesday.

The Swiss National Bank’s latest estimate is more...