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SNB welcomes UBS, Credit Suisse capital steps, warns on housing market

  ZURICH (Reuters) - The Swiss National Bank welcomed measures by Credit Suisse <CSGN.VX> and UBS <UBSN.VX> to bolster their capital, and warned it could take further action to prevent what it sees as lax mortgage lending in Switzerland.Full story

Switzerland buries U.S. tax law, banks seen at risk

BERNE (Reuters) - Swiss lawmakers dealt a death blow on Wednesday to a draft law which aimed to protect the country's banks from criminal charges in the United States for helping wealthy Americans evade tax. Full story

Swiss lawmakers reject deal on banking secrecy

Switzerland's lower house of parliament has for the second time rejected a government proposal on relaxing Swiss banking secrecy laws, a move that would have helped the country's banks avoid facing U.S. criminal charges for shielding tax cheats. Full story

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Video

  Litigation the Biggest Challenge: UBS CEO

Sergio Ermotti, Group CEO, UBS AG, discusses his company's Swiss pay proposal, deleveraging, selling assets to raise capital and the impact of litigation on the banking industry.

  Nearly $6 million in gold found hidden in car

Italian border police intercepted a ton of gold bullion worth nearly $6 million on the border with Switzerland on Easter Sunday. NBCNews.com's Alex Witt reports.

  Switzerland Targets the 'Fat Cats'

CNBC's Carolin Roth reports voters in Switzerland are overwhelmingly backing a plan giving shareholders authority over executive pay.

  Duchess Kate travels to Switzerland

Duchess Kate and her husband headed to the wedding of close friends in Switzerland, mixing with the friends and families gathered together to give well-wishes to polo player Mark Tomlinson and his bride Laura Bechtolsheimer. NBC’s Annabel Roberts reports.

  Is Prince Harry finally settling down?

Some British tabloids are fueling speculation that Prince Harry may be ready to settle down. He was photographed at a Swiss ski resort with Cressida Bonas, an old flame.

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Related Photos

Logos of Swiss banks UBS and Credit Suisse are seen on a sign in Zurich
  Logos of Swiss banks UBS and Credit Suisse are seen on a sign in Zurich

The logos of Swiss banks UBS and Credit Suisse are seen on a sign in Zurich, February 13, 2013. REUTERS/Michael Buholzer

Swiss Finance Minister Widmer-Schlumpf looks on in the National Council after a debate on the Swiss - US tax agreement in Bern
Swiss Finance Minister Widmer-Schlumpf looks on in the National Council after a debate on the Swiss - US tax agreement in Bern

Swiss Finance Minister Eveline Widmer-Schlumpf looks on in the National Council after a debate on the Swiss - U.S. tax agreement in Bern June 19, 2013. REUTERS/Ruben Sprich (SWITZERLAND - Tags: POLITICS BUSINESS)

Swiss Finance Minister Widmer-Schlumpf leaves the National Council after a debate on the Swiss - US tax agreement in Bern
Swiss Finance Minister Widmer-Schlumpf leaves the National Council after a debate on the Swiss - US tax agreement in Bern

Swiss Finance Minister Eveline Widmer-Schlumpf leaves the National Council after a debate on the Swiss - U.S. tax agreement in Bern June 19, 2013. REUTERS/Ruben Sprich (SWITZERLAND - Tags: POLITICS BUSINESS)

Swiss Finance Minister Widmer-Schlumpf speaks during a debate on the Swiss - US tax agreement in Bern
Swiss Finance Minister Widmer-Schlumpf speaks during a debate on the Swiss - US tax agreement in Bern

Swiss Finance Minister Eveline Widmer-Schlumpf speaks during a debate on the Swiss - U.S. tax agreement in Bern June 19, 2013. REUTERS/Ruben Sprich (SWITZERLAND - Tags: POLITICS BUSINESS HEADSHOT TPX IMAGES OF THE DAY)