Swiss voters likely to reject proposed tax of 50% on super rich - poll

A Swiss referendum on a proposal to impose a 50% tax on inherited fortunes of 50 million Swiss francs ($62.53 million) is ...

Nestlé cuts 16,000 jobs as part of an intensifying cost-cutting campaign

Nestlé is cutting 16,000 globally as the Swiss food giant looks to trim costs and continue with its turnaround efforts ...
NBC Los Angeles

Swiss National Bank takes leap with 50-basis-point interest rate cut amid franc strength

The Swiss National Bank on Thursday cut its key interest rate by 50 basis points, exceeding expectations of a smaller trim amid an ongoing tussle with depressed inflation and a strong Swiss franc.

Swiss Franc Rises on U.S. Regional Bank Concerns

The Swiss franc rose to an 11-month high against the euro as investors sought safe-haven assets due to worries over bad loans at U.S. regional banks.
Reuters

SIG Combibloc prices Swiss IPO at 11.25 Swiss francs/share

ZURICH, Sept 28 (Reuters) - SIG Combibloc priced its initial public offering at 11.25 Swiss francs per share in a deal that raises 1.49 billion Swiss francs ($1.53 billion) before an overallotment ...
Nasdaq

BUZZ-COMMENT-Franc to strengthen if SNB lifts 50 bps again

June 7 (Reuters) - The franc could flex its currency muscles if the Swiss National Bank raises rates by another 50 basis points this month, with 0.95 among EUR/CHF bear targets if it does. Money ...
CNN

Credit Suisse borrows more than $50 billion from Swiss National Bank after shares crash 30%

Hours after the Swiss central bank said it was ready to provide financial support to Credit Suisse, the beleaguered megabank took it up on the offer, hoping to reassure investors that it had the ...