Business Update is the show that you can’t afford to miss. Join us for coverage of the big financial news here in Switzerland and analysis of how political developments abroad affect our place in the world. We serve up all the headlines alongside commentary from the CNNMoney Switzerland editorial team.
It was another busy week in Swiss financial news, with Sunrise suffering new setbacks and a surprising push toward fintech by the Swiss National Bank. Editor in Chief Andreas Schaffner breaks it down in this week’s edition of Business Update with Hannah Wise.
Credit Suisse Chairman Urs Rohner tried to convince the media this week that CEO Tidjane Thiam had no idea what his “alter ego”—the bank’s former COO Pierre-Olivier Bouée—was up to. Given the nature of the scandal, however, CNNMoney Switzerland’s Frédéric Lelièvre isn’t buying it: “How can this possibly happen without communication between the two?”