CS: Brexit Leads to Further Job Cuts

Credit Suisse, London

The looming departure of the U.K. from the European Union is adding pressure on Credit Suisse to cut costs even more than the company already planned to do, according to top managers at the bank.

Swiss Top Diplomat Lobbies in Favor of Big Banks in the U.S.

Joerg Gasser, Swiss Diplomat

The Swiss government wants to help the two big banks avoid astronomical fines for mis-selling mortgage-backed securities in the U.S. Part of the argument used by the top diplomat in charge of the mission is the importance of the banks for the financial stability.

Lombard Odier Expands in Italy

Milan Cathedral

Lombard Odier continues to expand in Europe, opening private bank offices in Italy.

UBS and Amazon Develop Digital Tool

  Amazon Echo/Alexa (Picture: Amazon)

Switzerland's UBS and Amazon are testing an interactive dialogue tool. And it is about much more than merely another chat function.

Madam Ambassador, Bankers Know Why They Turn Americans Away!

The U.S. ambassador to Switzerland has complained that Swiss bank have stopped serving U.S. clients. Surely, a slap in the face for Swiss banking, which has just emerged from years of relentless pounding by U.S. authorities.


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