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Former Credit Suisse executives will retain their bonuses despite ongoing scrutiny. Meanwhile, Friends of the Earth has initiated legal action against Shell to halt its plans for increased fossil fuel production post-2030, citing potential violations of Dutch law regarding climate commitments. In economic news, US inflation has slowed to 2.3% year-on-year, influenced by falling fuel prices, while Switzerland's GDP growth is projected at 1.0% for 2025, driven by domestic demand amid global trade uncertainties.
Switzerland's Takeover Board, funded largely by the Swiss stock exchange SIX and UBS, reported a reduced deficit of CHF 500,000 in 2024, down from CHF 600,000 in 2023. The authority issued 20 rulings in 19 proceedings, reflecting increased fee income despite ongoing concerns about its independence, particularly regarding UBS's influence. The disappearance of Credit Suisse raises further questions about the board's ability to make impartial decisions.
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credit suisse executives retain bonuses amid ongoing economic challenges
21:41 13.05.2025
Swiss Takeover Board Faces Scrutiny Amid UBS Influence and Financial Deficits
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18:26 13.05.2025
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