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The Russian oligarch had accused the Swiss businessman of swindling him out of €1.1bn by overcharging him on art

(Bloomberg) -- In 2022 it was “Schwinger,” or traditional Swiss wrestlers, that were the star attraction. This year it was youth groups. Every Aug. 1 since 1891, patriotic Swiss have gathered on an Alpine meadow overlooking Lake Lucerne to commemorate a rebellion in 1291 that was the foundation of “modern” Switzerland. This is a country that likes tradition. Most Read from BloombergQQQ Churns in Late Hours on Apple, Amazon Earnings: Markets WrapTrump Cites Self Incrimination Concern in Lawsuit A

When UBS Group AG integrates Credit Suisse Group AG in the coming months, the Swiss bank plans to run staff from the scandal-prone former rival through

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Israeli businessman Beny Steinmetz is given a jail term by a Swiss court in a historic corruption case.