Switzerland's central bank has posted a profit of 11.2 billion francs ($11.95 billion) for the first quarter on gains in its foreign currency holdings, a major turnaround from the previous year. Full story
ZURICH (Reuters) - Credit Suisse's <CSGN.VX> quarterly earnings beat expectations on Wednesday as a restructuring of its investment bank compensated for a surprising slide in private banking profits. Full story
ZURICH (Reuters) - The Swiss government has a confidential emergency plan to stabilize the Swiss franc exchange rate in case the euro zone crisis worsens and the Swiss National Bank alone is no longer able to guarantee the rate, Swiss parliament's finance delegation said in a report. Full story
LIBREVILLE (Reuters) - A prominent environmental activist was given a six-month suspended sentence for defamation in Gabon, his lawyer said on Friday, after he accused an ally of the president of secretly owning the local unit of commodities giant Olam International. Full story
LIBREVILLE (Reuters) - A prominent environmental activist was sentenced to six months in prison for defamation in Gabon, his lawyer said on Friday, after he accused an ally of the president of secretly owning the local unit of commodities giant Olam International. Full story
ZURICH (Reuters) - Credit Suisse <CSGN.VX> upped the remuneration of Chief Executive Brady Dougan by one third in 2012, likely adding to public and political dismay over the scale of banker pay in a year when the Swiss bank's stock stalled. Full story
File photo of Swiss National Bank Chairman Thomas Jordan speaking during a news conference in Tokyo October 13, 2012. The Swiss economy grew faster than expected in the third quarter after government spending rose even as sluggish exports helped the central bank's policy of capping the safe-haven f
