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UBS layoffs: Next round of job cuts planned in Credit Suisse integration

UBS layoffs: Next round of job cuts planned in Credit Suisse integration

UBS Group is planning another round of job cuts after its takeover of Credit Suisse that is expected to affect over a hundred positions across the group’s global investment bank, Bloomberg News reported on Wednesday. Signs of Swiss bank giant UBS bank are seen in Basel.(AFP) The layoffs are scheduled to take place in the...

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Who Is Karl-Erivan Haub? American-German Billionaire Went Missing In Switzerland In 2018 Traced To Russia

Who Is Karl-Erivan Haub? American-German Billionaire Went Missing In Switzerland In 2018 Traced To Russia

Haub is suspected to be living with a mistress in Moscow. (Credits: X/ @joiedevivre789) German-American tycoon Karl-Erivan Haub, who went missing during his ski mountaineering training and was later declared dead, is found to be living in Moscow with a young Russian mistress, as per an investigation. The former Managing Director (MD) of a retail...

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List Of ‘Safest’ Countries If World War 3 Starts Today

List Of ‘Safest’ Countries If World War 3 Starts Today

Countries that are safe if another World War starts, as per a report by The Daily Mail. (Representational Image) After Iran launched an aerial attack on Israel on April 13, concerns a possible World War III breaking out looms large. Iran’s attack has sent alarm bells ringing about the possibility of a wider conflict, with...

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New capital requirements for Swiss banks will slow growth at UBS, says finance minister – Times of India

New capital requirements for Swiss banks will slow growth at UBS, says finance minister – Times of India

ZURICH: The Swiss government’s proposed tougher capital requirements for the banking industry will impact UBS’s ability to grow, the country’s finance minister said in an interview published on Saturday. Switzerland’s largest bank will have to hold more capital if the regulatory package, announced on Wednesday to prevent a repeat of the collapse of Credit Suisse,...

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Ukraine peace summit organisers look to India to help shape agenda, discussions

Ukraine peace summit organisers look to India to help shape agenda, discussions

NEW DELHI: The organisers of an upcoming conference on peace in Ukraine are looking to India to help shape the agenda for the meeting of the heads of state and government, including possible solutions to the conflict, people familiar with the matter said. Following Ukrainian President Volodymyr Zelenskyy’s request, the Swiss government this week announced...

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Switzerland Announces Summit on Ukraine Peace Plan on June 15-16

Switzerland Announces Summit on Ukraine Peace Plan on June 15-16

Switzerland will host a high level conference on June 15-16 to consolidate global support for a peace formula advocated by Ukraine that would end the war with Russia. HT Image The aim of the gathering is to “create a common understanding” on how to achieve “a comprehensive, just and lasting peace for Ukraine in accordance...

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Novartis layoffs: Company to lay off 680 employees in Switzerland and US

Novartis layoffs: Company to lay off 680 employees in Switzerland and US

Novartis layoffs: Swiss pharma company Novartis is set to cut up to 680 jobs in its development organisation which is related to bringing the firm’s drugs to market. The Basel-based company said that around 440 jobs will go in Switzerland and up to 240 in the United States. This process will be complete over the...

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This Swiss Company Announces Job Cuts And Plans To Remove 8,000 Roles From Global Workforce

This Swiss Company Announces Job Cuts And Plans To Remove 8,000 Roles From Global Workforce

Novartis Announces Plans to Reshape Development Workforce (Image Source: iStockphoto) Novartis, the Swiss pharmaceutical giant, has announced plans to cut a significant number of jobs within its development organization, responsible for bringing drugs to market. Up to 680 positions are set to be eliminated, with around 440 in Switzerland and up to 240 in the...

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Swiss seniors win big at International court, emissions reduction targets for European countries set

Swiss seniors win big at International court, emissions reduction targets for European countries set

The European Court of Human Rights (ECtHR) in Strasbourg, France, on Tuesday, issued a ruling, in favour of a group of Swiss senior women, setting a precedent with implications for European countries’ climate policies. PREMIUM Rosmarie Wydler-Walti and Anne Mahrer, of the Swiss elderly women group Senior Women for Climate Protection, attend the hearing of...

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Switzerland violated human rights: European court – Times of India

Switzerland violated human rights: European court – Times of India

NEW DELHI: In a historic judgment on Tuesday, the European Court of Human Rights declared that nations must enhance their efforts to shield their citizens from the adverse impacts of climate change. This ruling came as the court sided with a group of Swiss elders against their government, setting a precedent for future legal actions...

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Canadian Armed Forces member dies in avalanche in Switzerland

Canadian Armed Forces member dies in avalanche in Switzerland

The Department of National Defence is mourning the loss of a member of the Canadian Armed Forces. In a media release, the department said Captain Sean Thomas went missing in an avalanche in Switzerland while on leave from an operational deployment. He is presumed to have been killed. Thomas was an...