Former executives of the now defunct bank Credit Suisse will be able to keep their bonuses.
The Federal Council reached this conclusion in its report on banking stability, which took stock of the legal means available to retroactively sanction managers of a bank who mismanaged funds.
It was determined that any request for reimbursement would have little chance of success.
More Swiss firefighters head to France
A second team of 33 firefighters from French speaking Switzerland will travel to south-western France this weekend to relieve colleagues battling the wildfires.
French wildfire smoke drifts
Smoke from the wildfires ravaging south-western France has drifted into Switzerland, the federal weather service MétéoSuisse says.
Unions demand hot weather orders
Geneva's construction workers remain on the job despite soaring temperatures, prompting fresh criticism from the SIT union.
Brighter economic prediction
Switzerland's short-term economic outlook has brightened in July, according to the KOF barometer released yesterday.
Annemasse municipal police attacked
Two Annemasse municipal officers have been attacked by a woman this week, in the latest incident to fuel concerns about violence in the cross-border town.
Geneva and Vaud have the cheapest pools
Geneva and Vaud have the cheapest public pools, according to a new comparison of 268 sites released as another heatwave bakes the country.
