Switzerland

SNB to ‘Use All Means’ as Economy Enters Recession, Roth Says (Bloomberg)

3 Dec 2008

“In the fourth quarter of this year and the first half of 2009, a contraction seems very likely,� Roth said today in Vezia, Switzerland. The SNB “will use all means at its disposal to limit as far as possible the consequences of the international financial crisis on the Swiss economy.�

Federer cuts clay-court schedule in 2009 (CNN)

3 Dec 2008

BASEL, Switzerland (AP) -- Roger Federer will play only two clay-court tournaments in 2009 before the French Open, the only grand slam tournament he has never won.

Weil, Clifford Chance, Swiss Firms Helping AIG Spin Off Private Banking Unit (Law.com)

3 Dec 2008

The Am Law Daily has learned that Weil, Gotshal & Manges has secured a leading role advising AIG on the sale of the wealth management unit along with Lenz & Staehelin , Switzerland's largest law firm.