Swiss Banks Under Fire for Lax Mortgage Practices
Financial watchdog Finma warns banks about lenient mortgage lending practices and inadequate property valuation procedures, highlighting risks to financial stability.
AI-curated news about Switzerland
Financial watchdog Finma warns banks about lenient mortgage lending practices and inadequate property valuation procedures, highlighting risks to financial stability.
Swiss pharmaceutical giant Novartis makes strategic move into longevity research through partnership with BioAge Labs, marking significant investment in aging-related drug development.
The Swiss head of UNRWA challenges Switzerland's humanitarian stance on Gaza aid, highlighting tensions between traditional neutrality and humanitarian obligations.
Federal inspection confirms Swiss nuclear power plants can withstand major flood events, addressing public safety concerns.
Federal Court decision confirms Uber drivers must comply with Geneva employment services law, setting precedent for gig economy regulation.
Switzerland's largest city inaugurates dedicated bicycle tunnel under main train station during Cycle Week, advancing sustainable urban mobility infrastructure.
Beat Grögli appointed as 12th Bishop of St. Gallen following unprecedented transparent election process and Vatican confirmation, marking new era in Swiss Catholic leadership.
Switzerland's Federal Court rules Geneva-based Uber drivers must be subject to employment services law, setting precedent for gig economy worker protections nationwide.
Financial regulator FINMA criticizes banks for applying looser internal guidelines than legal requirements for mortgage loans, highlighting concerns over property valuation procedures.
Only 55 of 350 registered Rottweiler owners have applied for new mandatory licenses under Zurich's breed-specific legislation, as deadline approaches for controversial dog regulations.