Switzerland

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A look inside the secret home for central bankers

Jun 5, 2013
A nondescript office building in Basel, Switzerland, houses one of the most powerful commercial banks in the world. But only central bankers are allowed to pass.
Posted In: Ben Bernanke, Switzerland, Federal Reserve, bank
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U.S. carmakers could benefit from EU industry troubles

Mar 7, 2013
The Geneva Auto Show opens in Switzerland this week. It’s usually a glitzy affair, but while U.S. carmakers are on the rebound, gloom has descended on the European auto industry.
Posted In: Auto, France, Switzerland
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Is Switzerland no longer a banking haven?

Mar 4, 2013
Voters in Switzerland have approved a referendum to curb executive pay. The move comes less than a week after the European Union announced plans to cap banker bonuses.
Posted In: Switzerland, bonuses, compensation, Eurozone
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Swiss bank closes after U.S. tax evasion fine

Jan 4, 2013
Switzerland's oldest bank, Wegelin and Company, has plead guilty to helping wealthy Americans evade taxes.
Posted In: Switzerland, Wegelin and Company, Tax evasion, bank, Europe
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Switzerland agrees to cap vacation days

Mar 13, 2012
In a national vote, the Swiss just decided against making employers give all workers an extra two weeks of paid vacation every year.
Posted In: Switzerland, vacation
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Italian police seize $6 trillion in fake bonds

Feb 17, 2012
Yep, that’s trillion with a “T”.
Posted In: bonds, counterfeit, U.S. Treasury, Switzerland, italy
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The focus and goals of Davos

Jan 26, 2012
The World Economic Forum held in Davos, Switzerland, is underway. What is the atmosphere like there, and what about global economy are attendees most worried about?
Posted In: Davos, World Economic Forum, Switzerland
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MID-DAY UPDATE: How Japan will change the global economy

Mar 14, 2011
Tokyo's Nikkei was down 6 percent. The biggest drop since the financial crisis. Toyota says its plants will be shut down this week. Sony and Nissan...
Posted In: earthquake, Japan, mid-day update, Nikkei, Nissan, nuclear, nuclear energy, nuclear power, Oil, oil price, Sony, Switzerland, Toyota, tsunami
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Swiss freeze potential Mubarak assets

Feb 11, 2011
A spokesman from the Swiss foreign ministry confirmed the ministry has frozen assets that may belong to now-former Egyptian President Hosni Mubarak...
Posted In: banking, Egypt, Hosni Mubarak, protests, Swiss, Switzerland