The Local Switzerland

GE announces plans to slash 1,300 Swiss jobs

Wed, 13 Jan 2016 21:59:38 +0100

General Electric on Wednesday announced plans to shed 1,300 jobs in Switzerland as part of an overall plan to cut 6,500 positions across Europe after acquiring the energy business of French company Alstom for $10.3 billion last year.

Banker not guilty of running slush fund

Tue, 26 Apr 2011 14:10:00 +0200

Switzerland's highest criminal court on Thursday acquitted a private banker of charges of running slush funds allegedly used by French engineering giant Alstom to bribe foreign officials.

Swiss banker on trial over Alstom slush fund

Mon, 11 Apr 2011 19:39:00 +0200

A Swiss banker went on trial in Switzerland's highest criminal court on Monday on charges of running slush funds allegedly used by French engineering giant Alstom to bribe foreign

officials.