Bureau Chief, Zurich
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Jun 17, 2012

C.Suisse CEO says no plans for capital hike -paper

ZURICH, June 17 (Reuters) – Credit Suisse has no
plans to issue new shares after the Swiss central bank called on
it to improve its capital base this year, but should be able to
do so by retaining earnings, Chief Executive Brady Dougan was
quoted as saying on Sunday.

“Of course I am disappointed. FINMA has given us directions
as to how we should strengthen capital. We are fulfilling
those,” Dougan told the SonntagsZeitung paper in an interview.

Jun 17, 2012
Jun 15, 2012

SNB forces C.Suisse rethink on capital bolstering

ZURICH, June 15 (Reuters) – A slapdown by the Swiss National
Bank (SNB) has forced Credit Suisse to reconsider
plans for a gradual strengthening of capital buffers, raising
the prospect of a prompt and ill-timed cash call.

The criticism from the SNB has also further undermined Chief
Executive Brady Dougan, who was lauded for navigating the bank
through the subprime crisis relatively unscathed but has come
under fire of late for squandering that advantage.

Jun 14, 2012
Jun 14, 2012
Jun 14, 2012

Countries across world gird for Greece turmoil

TOKYO/ZURICH (Reuters) – The threat of turmoil sweeping across global markets next week if Greece’s election prompts a panicky flight of money from the euro zone has policymakers from Beijing to Zurich preparing to protect their currencies and economies from an unwelcome influx.

Swiss National Bank President Thomas Jordan is among the most vociferous, dangling the threat on Thursday of imposing capital controls to stop the Swiss franc from soaring as a result of investors seeking the currency’s relative safety.

Jun 13, 2012
Jun 13, 2012
via FaithWorld

Right-to-die movement sees gains as world ages, but opponents active

Photo

(Euthanasia campaigner Dr. Philip Nitschke poses for the photographer with his 'suicide kit' after a Reuters Interview in London May 7, 2009. REUTERS/Stefan Wermuth)

Right-to-die activists hope more countries will allow assisted suicide or euthanasia in coming years as the world population ages, but opponents are determined to stop them, a dispute that flared ahead of competing conferences in Switzerland.

Jun 12, 2012

Right-to-die movement sees gains as world ages

ZURICH (Reuters) – Right-to-die activists hope more countries will allow assisted suicide or euthanasia in coming years as the world population ages, but opponents are determined to stop them, a dispute that flared ahead of competing conferences in Switzerland.

“We have seen over the last 20 years a general migration of positivity towards this being a just cause,” Ted Goodwin, the American president of the World Federation of Right-to-Die Societies, told a news conference in Zurich on Tuesday.

Jun 11, 2012

Insight: Liechtenstein prince faces vote over veto power

VADUZ (Reuters) – It isn’t easy being a campaigner for more democracy in the tiny principality of Liechtenstein. Everybody knows everybody in this arch-conservative state and the subjects of the last monarchy in Europe with any real power don’t like rocking the boat.

Activists who want to end the monarchy’s right to veto popular referendums say they have received threatening letters and seen far-right vandals deface campaign posters with Nazi slogans like “Heil Fatherland” and “Democrats are the death of the people”.

    • About Emma

      "I lead Reuters coverage out of Switzerland, managing teams of journalists and visuals staff in Zurich, Geneva and Bern. I have been in this job since 2008 and was previously chief correspondent in the Netherlands. Before that, I had reporter postings in Germany and South Africa, mainly covering politics and economics. I joined Reuters in 1995."
      Joined Reuters:
      1995
      Languages:
      English, German, Dutch, Spanish, French
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