British-Swiss Chamber says “no” to salary caps vote
GenevaLunch News ZURICH, SWITZERLAND – The British-Swiss Chamber of Commerce (BSCC) has come out against the Minder Initiative to cap top management salaries, in an unusual move into the political...
View ArticleNovartis farewell package heats up 3 March vote on pay
GenevaLunch News BASEL, SWITZERLAND – The news last week that Daniel Vasella will receive CHF72 million when he steps down as head of pharmaceutical giant Novartis had already sparked negatives...
View ArticleDeparting Novartis chief admits mistakes over payout
GenevaLunch News GENEVA, SWITZERLAND – Daniel Vasella, the outgoing chairman of pharmaceutical giant Novartis, admitted to shareholders Friday 22 February that he made mistakes in negotiating a CHF 72...
View ArticleEU move to cap bank exec’s salaries: eyes now on Swiss vote (correction)
GenevaLunch News GENEVA, SWITZERLAND – The European Union parliament in the late hours of Wednesday agreed to cap bank executives’ bonuses at no larger than their fixed annual salaries, with rare...
View ArticleStrong “yes” to curbing abusive salaries sends Swiss corporate shock wave...
GenevaLunch News Geneva votes to lower cost of public transport, Graubuenden says no to 2022 Olympics GENEVA, SWITZERLAND – The Swiss have sent a powerful message to multinationals on the issue of...
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