Swiss take steps to clean up tax- haven image
February 22, 2012
| Reuters
BERNE (Reuters) - Switzerland announced plans on Wednesday to force banks to do more to make sure foreign clients' money is taxed in an attempt to shake off its past as a haven...
Oldest Swiss private bank is newest U. S. target
February 15, 2012
| Reuters
GALLEN, Switzerland (Reuters) - On the morning of January 27, employees at the St. Gallen headquarters of Wegelin, Switzerland's oldest private bank, were told to expect an...
Nestle cautious on 2012 as it seeks new growth
February 16, 2012
| Reuters
VEVEY, Switzerland (Reuters) - Nestle echoed the cautious 2012 tone of other global food makers on Thursday and added it was banking on new markets and products to put it ahead...
Swiss defense minister defends Swedish jet deal
February 14, 2012
| AP
Put on the hot seat by a secret air force report, Switzerland's defense minister on Tuesday strongly defended the government's decision to buy Swedish fighter jets. Defense...
Credit Suisse sinks to Q4 loss as it cuts costs
February 09, 2012
| AP
Credit Suisse Group posted its first fourth-quarter net loss since 2008 as Switzerland's second-biggest bank continued its drive to reduce its exposure to potentially-risky...
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Switzerland, officially the Swiss Confederation, is a federal republic consisting of 26 cantons, with Bern as the seat of the federal authorities. The country is situated in Western Europe, where it is bordered by Germany to the north, France to the west, Italy to the south, and Austria and Liechtenstein to the east. Switzerland is a landlocked country geographically divided between the Alps, the Central Plateau and the Jura, spanning an area of 41,285 km (15,940 sq mi). While the Alps occupy the greater part of the territory, the Swiss population of approximately 7.9 million people concentrates...
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