A report in yesterday’s SonntagsZeitung suggests many former Credit Suisse managers were taking massive bonuses in the years before the bank’s collapse.
According to the paper seven executives pocketed over CHF 130m
The payments were kept secret from shareholders.
The government is already looking at reforms which would limit executive pay for those working for banks deemed too big to fail.
Italy angered at decision to release fire bar owner
Italy has expressed its anger at the decision to release the owner of the Constellation bar in Crans-Montana.
Nightclub fire exit locked
More than three weeks after the deadly fire in Crans-Montana, serious doubts are emerging about the owners’ version of events.
No to 10 million initiative would harm the economy
Capping Switzerland’s population at 10 million would come at a heavy price.
Sick days climb in 15 years
We’re all taking more sick days.
Warning of jams in February
The Federal Roads Office is warning of heavy congestion throughout February, especially on weekends.
Careful of vignette scams
Just a few days left to buy your autoroute vignette.
