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Switzerland

UBS trader to remain in custody
22/09/2011 - BUSINESS

UBS trader to remain in custody

Kweku Adoboli, the trader accused of losing $2.3 billion in unauthorised deals at Swiss bank UBS, will remain in jail until a hearing next month, a London court ruled Thursday. Adoboli’s lawyer said his client was “sorry beyond words”.
UBS chief dismisses calls to resign over rogue trades
18/09/2011 - BANKING

UBS chief dismisses calls to resign over rogue trades

Swiss banking giant UBS now estimates that a rogue trading scandal has cost it upwards of $2.3 billion as the bank’s head, Oswald Gruebel (pictured), rejected calls for his resignation on Sunday, saying he bore no guilt over the incident.
Court charges UBS trader with fraud
17/09/2011 - SWITZERLAND

Court charges UBS trader with fraud

A trader accused of losing $2 billion in unauthorised trades at Swiss banking giant UBS has been charged with fraud by a London court and ordered to remain in custody until a further hearing next week.
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UBS rogue trader suspect arrested in London
15/09/2011 - SWITZERLAND

UBS rogue trader suspect arrested in London

Swiss banking giant UBS reported Thursday its discovery of unauthorised trading by an employee in its investment banking sector, causing a loss of an estimated $2 billion. Police in London have since arrested a man in connection with the case.
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Swiss bankers oppose mooted US tax treaty
05/09/2011 - BANKING

Swiss bankers oppose mooted US tax treaty

The Swiss Bankers Association on Monday spoke out against another possible tax treaty with the United States that could force Swiss banks to divulge details of their American clients suspected of dodging US taxes.
Pope's Spanish visit sparks protests
23/08/2011 - THE WEEK IN EUROPE

Pope's Spanish visit sparks protests

This week, Pope Benedict XVI was in Spain for World Youth Day, but not everyone was pleased to see him - we take a look at the Catholic and secular aspects of Spanish life. Also, it has been 20 years since the coup attempt that led to the fall of the Soviet Union, but some in Moscow say it is not an event to celebrate. And finally, Harry Potter creator J. K. Rowling finds some French magic in her family history.
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High-tech medicine
24/07/2011 - HEALTH

High-tech medicine

Whether it is cinema, computing or communications, advances in science are constantly transforming our lives. Whilst some might say that new technology is taking over our lives, in medical settings it is often the case that our lives are saved by advances in science.
Credit Suisse target of offshore banking investigation
15/07/2011 - USA

Credit Suisse target of offshore banking investigation

Credit Suisse disclosed on Friday that it is the target of a criminal investigation by the US Justice Department as part of a larger probe into offshore private banking and suspected tax evasion.
Syria’s cyber war against the regime’s opponents
12/07/2011 - WEBNEWS

Syria’s cyber war against the regime’s opponents

Syria’s cyber war against the regime’s opponents. Ramy Essam, the singer of the Egyptian revolution, back in Tahrir Square. An anti-PowerPoint party is formed in Switzerland.
Brancusi and Serra: two giants of modern sculpture
28/06/2011 - CULTURE

Brancusi and Serra: two giants of modern sculpture

Sean Rose takes us to the Fondation Beyeler in Switzerland. We discover Richard Serra and Constantin Brancusi, two giants of modern sculpture. Brancusi is a Romanian artist who was one of the contemporaries of the Cubists and the Surrealists in the 1920s and 1930s, and Serra is one of the biggest American sculptors to date.
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