UBS boss says some banks may need state help: Report

Last Updated: Sunday, September 11, 2011, 22:55

Some banks may have to get help from the state as plunging share prices could make it difficult to raise capital, UBS (UBSN.VX) chief executive Oswald Gruebel told Swiss newspaper Sonntag in an interview published on Sunday.

Swiss draw line in the sand to weaken franc

Last Updated: Tuesday, September 6, 2011, 16:34

The Swiss National Bank shocked foreign exchange markets by setting a minimum exchange rate target of 1.20 francs to the euro on Tuesday, knocking back a currency rally which has threatened its economy with recession.

India's share of black money in Swiss banks only 0.07%

Last Updated: Monday, July 25, 2011, 13:43

Amid a raging debate in India over wealth stashed away by Indians in Swiss banks, official Swiss bank figures show that the quantum of such money is only a very small fraction, or 0.07 percent, of the total assets of all foreigners with banks in this European nation.

Black money: Swiss national denies ED claims

Last Updated: Sunday, April 10, 2011, 15:12

Former executive director of United Bank of Switzerland Prabhu Guptara, whose name was linked to alleged tax evader Hasan Ali Khan, on Sunday said he did not have any association with international arms dealer Adnan Khashoggi.

Libya tells Swiss to give up citizen in embassy: Report

Last Updated: Monday, February 22, 2010, 12:40

Libya has given the Swiss embassy in Tripoli until 12 noon on Monday to hand over a Swiss national who has taken refuge there so he can serve out a jail sentence, a TV news channel reported from Qatar.