Climate change has dramatically altered the Swiss Alp landscape -- at a quicker pace than expected -- as melting glaciers have created more than 1,000 new lakes across in the mountains, a study published Monday showed.



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Climate change sees Swiss Alps add over 1,000 lakes: study

By John Miller ZURICH - Swiss markets watchdog FINMA on Tuesday named Zurich Insurance Chief Investment Officer Urban Angehrn as its next chief executive officer, turning to a longtime insurance industry executive to lead the nation's financial supervisor. The Swiss government has approved the move, FINMA said in a statement. Angehrn, who spent 14 years at Zurich after previous career

Economy

Reuters

Swiss markets watchdog FINMA names Urban Angehrn as next CEO

ZURICH - The chief compliance officer at Credit Suisse's Swiss Universal Bank (SUB) is quitting "with immediate effect" after just 4 1/2 months in the role to pursue opportunities elsewhere, the second-biggest Swiss bank said on Monday. Floriana Scarlato, who took on the job on March 1, is also stepping down from her posts as SUB management committee member and from the

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Credit Suisse's Swiss compliance boss Scarlato quits after 4 1/2 months

ZURICH - Credit Suisse on Monday named Markus Ruetimann as new global chief operating officer of Credit Suisse Asset Management (CSAM) as the Zurich bank turns to the ex-UBS and Schroders manager to help it recover from repeated crises. Ruetimann will report to Ulrich Koerner, another former UBS executive named in March to lead asset management, as the Swiss bank separated the business

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Credit Suisse names new asset management COO as post-crisis shakeup continues

Gian Franco Kasper, who retired after 23 years as president of the International Ski Federation last month, has died, the governing body said on Saturday. He was 77.

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Long-time world ski president Kasper dies at 77

FRANKFURT - Hanno Berger, a German who is accused of playing a key role in a years-long tax fraud, has been arrested in Switzerland where he had been living in exile, a spokesman for prosecutors in Frankfurt said on Friday. The scandal, known as cum-ex, is Germany's biggest post-war fraud involving a share-trading scheme that the authorities say cost taxpayers billions of euros.

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