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Credit Suisse profits slump in 2011

Credit Suisse on Thursday posted a 62-percent drop in net profits last year to 1.95 billion francs ($2.1 billion) but offered an optimistic outlook for 2012.

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Swiss banker quits paper amid US tax dispute

High-profile Swiss banker Konrad Hummler said Thursday he was stepping aside from his chairmanship of the prominent Neue Zürcher Zeitung newspaper as he battles a tax spat with US authorities.

St. Moritz gets the finger

St. Moritz gets the finger

For the past couple of weeks, a two-ton aluminium cast woman’s hand has been showing skiers in St. Moritz the finger.

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Bayern confirm signing of Swiss star Shaqiri

FC Basel's Swiss international midfielder Xherdan Shaqiri has signed a four-year deal for Bayern Munich from next July, the Bundesliga club announced on Monday.

Plans revived for world’s deepest train station

Plans revived for world’s deepest train station

Private investors are stepping in to save what could be a landmark project in Switzerland.

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Murderer jailed for strangling girlfriend

Luzern’s criminal court sentenced a 52-year-old man to eight and a half years on Wednesday for premeditated murder.

 

UBS gives data on rivals in US tax probe

UBS gives data on rivals in US tax probe

Swiss banking giant UBS has handed over to US tax authorities data indicating which of the bank's rivals took on its American clients following a probe, it was reported on Thursday.