Boris Collardi, CEO of Julius Baer, explains why the group welcomes a Swiss bill that could allow its bank to hand over client names to U.S. authorities.» Read More
If you think London or New York are among the world's most expensive cities, keep guessing and get your checkbooks out (that is if you are travelling to one of the cities that take the top spot).
International intervention in foreign exchange markets may only give brief respite to countries that are fighting an "unwinnable war" against currency appreciation, analysts told CNBC.com.
Double dip may be back. It has been three decades since the United States suffered a recession that followed on the heels of the previous one. But it could be happening again, the New York Times reports.
As jittery markets pushed the euro below the 1.10 level against the Swiss franc for the first time ever on Tuesday, the headache for the Swiss National Bank (SNB) over its limited options to fight the strong franc is turning into a chronic migraine.
Can a bailout fund whose backers include some of the countries it may be called upon to bail out really succeed? The NYT reports.
European leaders on Thursday clinched a new rescue plan for Greece that could push the country into default on some debt but would also give Europe’s bailout fund new powers to aid struggling economies, the NY TImes reports
The chief executive and founder of Actelion, one of the world's biggest biotechnology companies, said the firm would stay independent despite pressure from activist shareholders.
Swiss bank Credit Suisse said on Friday it is being probed by the U.S. Department of Justice as part of a broader investigation into banks suspected of helping Americans evade taxes.
Swiss drugs industry supplier Lonza is to buy U.S.-listed Arch Chemicals for some $1.2 billion, creating the world's largest player in the microbial control market, the groups said on Monday.
Little by little, the woman's credibility as a witness crumbled — she had lied about her immigration, about being gang raped in Guinea, about her experiences in her homeland and about her finances, officials told the NY Times.
The sexual assault case against Dominique Strauss-Kahn is on the verge of collapse as investigators have uncovered major holes in the credibility of the housekeeper who charged that he attacked her in his Manhattan hotel suite in May, according to two well-placed law enforcement officials. The NYT reports.
New capital requirements proposed by global regulators demanding that the biggest banks hold extra capital by 2019 will bring about a new recession, Rochdale's vice-president for equity research Dick Bove wrote in a weekend market note.
ArtBasel, to many the most prestigious modern- and contemporary art fair, opened its doors on June 15 for the 42nd time, hot on the heels of the Venice Biennale last week.
For now, at least, investors seem to believe that the United States has enough shock absorbers to comfortably withstand a default by Greece, the New York Times reports.
Market volatility and uncertainty in the euro zone are limiting the options for the Swiss National Bank (SNB), which held rates at the historic low of 0.25 percent Thursday, Chairman Philipp Hildebrand told CNBC.
Human resources consultant ECA International has drawn up its latest list of the world’s most expensive cities for U.S. expatriates. Check out the list!
Bond traders and officials at the European Central Bank have been unified in their warnings that a restructuring of Greece’s debt would set off an investor panic similar to the one that followed the bankruptcy of Lehman Brothers, the New York Times reports.
Forget LinkedIn (for five minutes)... it's IPO Tuesday and we're not gonna mention the social network again on this page. Time to line up for the Russian Google, a Swiss commodities giant and America's toxic assets survivor. Here's what we're watching...
Given this type of market volatility, conventional wisdom would suggest this isn’t the best environment or time for a commodity company to raise capital through an initial public offering. Glencore though, doesn’t appear unduly concerned about the wild market moves.
Europe’s banking regulator will unveil the results of a third round of stress tests of its banks next month, but analysts have little hope that they will calm investors' nerves.