News from Switzerland Economy
Stay current with all the latest and breaking news about Switzerland Economy, compare headlines and perspectives between news sources on stories happening today. In total, 245 stories have been published about Switzerland Economy which Ground News has aggregated in the past 3 months.
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Wages · SwitzerlandThe Swiss nominal wage index rose by an average of 1.7% in 2023, according to figures released on Thursday. However, real wages fell by 0.4% in the light of inflation. Differences are also to be seen by sector In 2023, nominal wages rose by an average of 1.7% compared to 2022, the Federal Statistical Office (OFS) reported on Thursday. For the main collective labour agreements covering just over 655,000 employees, the growth in collectively negot…See the Story
In 2023, real wages fell
Stock Markets · SwitzerlandForeign currency positions and gold stock contributed to first-quarter earnings 2024The Swiss National Bank (SNB) posted a net profit of 58.8 billion francs between January and the end of March, after closing 2023 with a loss of 3.2 billion francs. The price stability guarantor had also started the previous year with a gain of almost 27 billion francs, deducted in the following two quarters and ended up in deficit. This year’s performance was ma…See the Story
The NCB generated 58.8 billion francs in earnings in the first quarter
Wages · BaselIt is the first shareholders’ meeting since the acquisition of CS. At today’s GV in Basel, many shareholders will make their anger clear – a mood test especially for Group CEO Sergio Ermotti.See the Story
UBS shareholders pilgrimage to Basel: Sergio Ermottis wages disturb small shareholders
UBS · SwitzerlandUBS receives a blank check from the Swiss taxpayer. The German Oswald Grübel recognized this, the Ticino Ermotti doesn't care. UBS will be saved again next time. Just like in 2008 with almost 70 billion, as was their new subsidiary CS 2023 with 259 billion. Unless Parliament breaks up Monster Bank into a part of International and a part of Switzerland. [...]See the Story
Grübel saved UBS for 3 million wages, Ermotti wants 20 – Inside ParadeplatzInside ParadeplatzInside Paradeplatz
Stock Markets · SwitzerlandOpening stock exchanges 7 days a week and 24 hours a day is the wish of American billionaire Steve Cohen, who owns a speculative fund and has filed an application with the stock market regulator. The New York Stock Exchange surveys its members.See the Story