Switzerland

Hong Kong overtakes Switzerland as top offshore wealth hub

This comes as global private fortunes expand at their fastest clip since 2021

Newly constructed housing in Knonau, ahead of a June 14 vote to curb population growth to 10 million inhabitants, Knonau, Switzerland, May 21, 2026.

Adecco CEO warns of hit from Swiss 10 million population cap

Switzerland’s population has risen about 0.8 per cent per year on average

 Due to Switzerland’s high wages, workers in the country have a special incentive to retire early, adding extra strain.

Switzerland wants workers to retire later but won’t force them

The overhaul comes as large numbers of so-called baby boomers are about to retire

Christoph Courth, global head of philanthropy services at Pictet Wealth Management, says there is a push for blended finance in the philanthropy space.

Singapore’s ‘safe-haven’ status, stability attractive for philanthropists setting up foundations: Pictet

Experts say tax incentives are not a big push for wealth-holders, but an added benefit

The process is expected to run at least into next year but with both the government’s credibility and UBS’s business model at stake, manoeuvring is already underway on both sides.

Swiss lawmakers gather to discuss law that will shape UBS future

Early signals from the committee will influence what is likely to be months of intense lobbying

Swiss government pushed back on UBS’s view that the measures would negatively impact the bank’s competitiveness.

UBS faces US$20 billion hike in capital needs as Swiss split grows

The government will continue to let the lender count deferred tax assets towards its regulatory capital

UBS says the tightening of rules by Switzerland can make it carry US$22 billion in extra capital.

Swiss to issue capital rules for UBS that can alter bank’s future

The government insists the overhaul is necessary for financial stability

The poll found 94 per cent of respondents felt minors should be better protected from the damaging effects of social media.

Swiss back tougher social media rules for minors: survey

Neighbouring Austria is planning to ban users under 14 from social media

From left: Soo Haw Yun, EDB vice-president for global enterprises; Frank Grutter, Swiss ambassador to Singapore; Richard Yu, Endress+Hauser Singapore managing director; and Henry Chia, Endress+Hauser corporate sales director.

Swiss company Endress+Hauser launches tech and calibration centre in Singapore – its first in Asia

It plans to invest 10% of revenue annually in developing new products and technology

Additional capital requirements of as much as US$26 billion are being discussed to make UBS more resilient in the event of a future crisis.

UBS set to face Swiss government decision on capital in April

The state will also decide on a proposal for capital backing of the lender’s foreign units