Raiffeisen has announced it will cut up to 180 jobs next year, even as the bank posts one of its strongest half-year results.
The lender wants to save around CHF 60 million on staff and materials in 2027, to hold its cost-to-income ratio steady.
Raiffeisen says more than half the reduction should come through natural turnover, unfilled posts, and early retirements, though talks with staff representatives have only just begun.
It comes as first-half profit jumped 19% to CHF 659 million
Zurich vote imminent
Zurich will vote next month on whether Exit and Dignitas should be allowed to operate inside hospitals and rehabilitation clinics
Swimmer completes epic challenge
British long-distance swimmer Neil Gilson has completed a two-year challenge to swim the length of Switzerland's ten largest lakes, finishing at Geneva's Bains des Pâquis on Wednesday
Progress on Lausanne tramway
Switzerland's Federal Office of Transport has approved the second phase of the Lausanne tramway, clearing the way for a 3.1-kilometre northern extension from Renens to Villars-Sainte-Croix
Police use new tactic
Swiss transport police are being handed tasers to tackle rising violence on trains and stations
T2 closed at Cointrin
Geneva Airport has shut parts of its Terminal 2 after a wooden-framed hangar collapsed overnight in mid-July
Swiss national missing in Nepal
A Swiss national is among more than 1,300 people missing after Wednesday's flash floods in Nepal, according to the Tourism Board
