Mercedes Ruehl

Despite fistfights erupting over its plastic watches, falling profits at the storied Swiss company and world's largest watchmaker are increasing the pressure for change.

Initiative would require the government to act once the number of people reached 9.5mn

Peter Thiel-chaired data intelligence group sued publication over reports that Switzerland rejected its approaches

Christian Stocker tells FT that there is ‘momentum’ around Ukraine peace talks

Also: Kaja Kallas won’t ‘fight shadows’ in row over Israel ‘apartheid’ comments

In February 2013 a compliance officer at HSBC raised concerns with the bank's financial crimes investigation team about funds flowing through an account held within its private bank in Switzerland.

Debate over the On sportswear company raises questions about what should be labelled as a national product

Swiss group plans to open accounts for staff as early as December to test pricing and products

Group including co-chair Larry Fink wants to concentrate decision-making power in fewer hands

Swiss group wants to be valued as a global wealth manager rather than a European bank but lags far behind Wall St rivals