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Apple Expands In Zurich-Altstetten As UBS Builds Technology Capacity In India
UBS confirms that an “internationally active technology company” would take roughly 9,500 square metres in the building.
UBS Swiss Wealth Business Under Pressure As Senior Bankers Leave, Compliance Concerns Mount
UBS has repeatedly emphasised global growth and integration since acquiring Credit Suisse, while its Swiss workforce has continued to shrink.
Rolex Reportedly Cleans House At Bucherer As Long-Serving Lucerne Staff Exit
The reported allegations place Rolex CEO Guido Zumbühl at the centre of the scrutiny.
Rumours Suggest UBS Is Scouting Deutsche Bank CEO Christian Sewing For Top Job
UBS’s board had originally planned for Ermotti to hand over leadership at the end of this year, but that transition has not happened.
‘My Completely Useless Master’s Degree’: Zurich Graduate’s Job-Hunt Video Strikes A Nerve
“If millions of people in the industrialised world cannot find jobs with their good qualifications, then it is a societal problem, not a problem with your CV,” the YouTuber said.
‘Zürich Liest’ Offers A Rare Insight In The Life Of An Iranian Woman In Exile
“In Iran, being a woman is the first crime you have already committed in a theocratic regime,” said Tavakoli.
FINMA Approves Switzerland’s First Bitcoin ETF: What Industry Voices Say It Means
The Swiss regulator said that it granted an exemption from normal risk-diversification requirements because "Bitcoin has a long trading history and a particularly high trading volume compared with other cryptocurrencies."
UBS Begins Swiss Layoffs As It Shifts Technology Jobs To India And Poland
Puneet Vyas, a UBS veteran based out of Pune India, will lead the global operational IT structure following the exits of former technology head Mike Dargan and infrastructure chief Paul McEwan.
Lindt & Sprüngli Fires CEO Adalbert Lechner As Chairman Ernst Tanner Faces Pressure
Recently, the Swiss chocolatier scaled back employee perks, including its popular annual ski weekend, but ruled out layoffs.
Zurich Court Gives Rapist 14.5 Years After Guilty Plea In Wetzikon And Wädenswil Attacks
Prosecutors pushed for a penalty of 18 years' imprisonment.
Migros Denies Report Of Imminent Merger Of Regional Cooperatives
Will chief executive Mario Irminger unveil a “New Migros” plan at an event in Zurich-Oerlikon on 27 October?
Switzerland Tightens Social Media Rules For Minors, But Stops Short Of An Age Ban
The Federal Council wants large social media platforms and search engines to do more to protect children and young people. It has decided, for now, against a minimum age for social media use.
Swiss Low-Cost Gym Market Consolidates As PureGym Buys NonStop
In Zurich, the deal is likely to be felt mainly through PureGym, whose network is concentrated in German-speaking Switzerland.
FIFA’s Infantino Received $1.76m From World Cup Company Not Disclosed In Annual Report
US tax filings show FIFA president Gianni Infantino received $1.76 million in 2024 from FWC2026 US Inc, the company running the 2026 World Cup, on top of his publicly declared FIFA salary. FIFA denies any breach of its transparency rules.
Northern Lights Appear Over Switzerland In Rare Mid-Latitude Display
Weak but clearly identifiable auroras were visible in parts of Switzerland on Saturday night, captured by MeteoSwiss webcams. The display followed a strong geomagnetic storm that pushed the Northern Lights unusually far south.
Zurich Keeps Its AAA Rating, But S&P Warns Debt Could Cost It
S&P Global Ratings has confirmed Zurich’s AAA long-term credit rating but changed its outlook to “negative,” citing rising deficits, heavy investment plans and political risk around spending cuts.
Ricardo Data Breach: Scammers Now Using Leaked Details In WhatsApp Phishing Messages
Personal data from about 890,000 Ricardo accounts has been exposed, including names, postal addresses and phone numbers. Three days after the breach was disclosed, users are receiving convincing WhatsApp messages that appear to exploit the stolen information.
Swiss Home Prices Accelerate Despite Rising Mortgage Rates, Raiffeisen Index Shows
Single-family homes rose 2.0% and condominiums 1.7% in the third quarter, as tight supply continues to outweigh higher borrowing costs. Zurich and western Switzerland led the annual increase for houses, while tourist resorts drove condominium prices.
Switzerland’s Doctor Shortage Is Already Reshaping Healthcare Access
A quarter of Swiss doctors are over 60, and one in three general practices is no longer accepting new patients. The shortage is most acute in primary care, paediatrics and psychiatry.
Viac And Neon Move Ahead As ZKB’s Frankly Stays Confined To Pillar 3a
Zürcher Kantonalbank’s digital pension app Frankly remains limited to retirement savings, while Viac and Neon now offer free investing alongside pension products. Speculation suggests a “Frankly Invest” launch may be coming, but ZKB will not confirm it.
Bern’s Unauthorised Anti-Imperialist Demo Ends Peacefully, One Year After Violent Gaza Protest
Around 1,000 people joined the demonstration in Bern on Sunday, but police prevented a march through the city centre. The rally marked one year since a Gaza demonstration descended into hours of rioting.
A Party That Turned Violent: Zurich Police Clear Illegal Hardplatz Gathering
A party at Zurich’s Hardplatz escalated into a night of violence, with police pelted by fireworks, bottles and paving stones. One officer was injured and around two dozen containers were set on fire before police regained control at about 3am.
Rolex Allocation Claims Linger As Bucherer Removes Head Of Its Central Lucerne Flagship Store
Unresolved Rolex allocation allegations hang over Bucherer as the head of its central Lucerne flagship store, Beat Schmid, leaves immediately after nearly a decade. The company has appointed tourism-sector newcomer Jessica Ternes amid reports of staff departures.
US Midterms Could Decide How Far Trump’s Tariffs On Switzerland Go
The 39% Trump’s Tariffs On Switzerland, which took effect in August 2025, was one of the most significant trade shocks Switzerland has faced in recent years
Switzerland Tops Global Innovation Ranking For A Seventh Straight Year
The World Intellectual Property Organization (WIPO) again names Switzerland the world's most innovative economy. The same index shows weakness in patent filings and venture-capital deal counts.
Zurich’s “Stable” Jobless Rate Masks A 9.1% Rise In Unemployment
The City of Zurich recorded 8,225 unemployed people in September, while the number of registered job seekers rose by 11% year-on-year. Foreign nationals and men experienced the sharpest increases.
UBS Plans Large Job Cuts In November, With Senior Private Bankers Among Those At Risk
The bank's costly senior private bankers over 50, who manage client books worth CHF 1 billion to 2 billion, are particularly at risk apparently.
UBS Faces Potential Reshaping As Switzerland Pushes Tougher Capital Rules
Could UBS separate its Swiss businesses from its international operations?
Former UBS Technology Head Paul McEwen Joins Citi
McEwen leaving the bank was already a news running in the Swiss circuits.
Switzerland India Sign Agreements During Parmelin Visit: Migration And Young Professionals On Table
Trade, investment, AI and global conflicts were discussed as Switzerland's President met Indian Prime Minister Modi.
Former UBS Banker Céline Amaudruz Weighs Bid To Succeed Guy Parmelin
The Geneva SVP politician is among several possible successors to the departing federal councillor. Her banking career has drawn attention, but there is no evidence that UBS is backing her candidacy.
Zurich Adds Anti-Discrimination Focus To 2026–2030 Integration Goals
The city has adopted 20 objectives covering access to services, participation and social cohesion. Preventing discrimination now has its own place in the strategy.
Switzerland’s 2027 Premium Rise Comes As Parliament Reworks Electronic Health Record
Health insurance premiums will rise by an average 5% next year, while Parliament is debating a replacement for Switzerland’s troubled electronic patient record system.
Want To Experience Oktoberfest In Zurich? Here’s When And Where To Go
Zurich’s 29th Oktoberfest will run from October 8 to November 7 at Bauschänzli, with Bavarian food, beer and live music.
Why Did ETH Zurich Slip To 12th In World Rankings? China’s Tsinghua Climbs
ETH Zurich Falls to 12th Despite Higher Score as Tsinghua Moves Ahead.
Zurich Ad Agency Wirz To Cut Jobs As Migros Reduces Work
The agency says its long-standing client relationship will continue, but with less work. Wirz has not disclosed how many employees will be affected.
Lindt Chairman Ernst Tanner Under The Microscope After Sales Forecast Cut
"An unprecedented heatwave this summer additionally weighed on sales in Europe," said Lindt CEO Adalbert Lechner.
Zurich Has Met Only 8.3% Road-Space Target for Walking, Cycling, Public Transport
The city credits a new park above a covered motorway for much of its first-year progress.
Zurich Sets Aside Around CHF 1.4 Billion For 2027 Health Insurance Premium Relief
About CHF 800 million is earmarked for individual premium reductions. Eligible residents will see provisional support deducted from their insurance bills from January.
Does UBS Technology Executive’s Reported Exit Signal Tensions Over AI Strategy?
Is Paul McEwen leaving the bank as technology operations goes under Beatriz Martin’s leadership? UBS has not publicly confirmed the reason for his departure.
FINMA Finds Serious Failings At Julius Baer Over Benko-Linked Loans, Russian PEP Clients
Swiss regulator says Julius Baer exposure exceeded CHF 1 billion and orders continued oversight despite closing its investigation.
Self-Driving Cars Hit The Road In Zurich On Monday
Travellers will be able to book rides through an app, but a safety operator will remain behind the wheel throughout the car trial.
Zurich Says AI Could Double Productivity Growth, But Jobseeker Rise Raises Questions
In insurance, banking and financial services, and information and communications, AI could add between 1.7% and 1.8% points to annual productivity growth.
Eight Arrested After Two Violent “Attempt To Homicide” Attacks In Zurich
The victims were attacked without warning and assaulted with objects, including glass bottles and kicks to the head, while lying defenceless on the ground.
UBS–Morgan Stanley Merger Talk Emerges After Swiss Capital-Rules Setback
Is UBS Senior Leadership Again Considering Options For Leaving Swiss Jurisdiction?
Zurich Reports 41% Postal Voting Ahead Of Swiss Neutrality Referendum
The dispute is over how much freedom the government should retain to cooperate with security partners and respond to conflicts.
Zurich Tops Global Property-Bubble Risk Ranking As Housing Shortage Deepens
Zurich and Tokyo are the only markets in the highest risk category.
Cembra Set To Move Headquarters From Zurich To Baden: No Job Cuts
Cembra framed the move as part of longer-term workplace and space planning rather than a cost-cutting exercise.
UBS Faces Parliamentary Setback As Capital Rules Tighten
Ermotti’s campaign fails to shift vote as UBS suffers a clear setback.
Bitcoin Suisse’s Layoffs Turn Bitter: “Good Leavers” v/s “Bad Leavers”
Group CEO Andrej Majcen has publicly framed the restructuring as "an offensive play rather than a defensive one."