Swiss bank UBS agrees to buy Credit Suisse in a move engineered by the Swiss government for forestall a global banking crisis.

Credit Suisse to borrow $54 billion from the Swiss National Bank.

Credit Suisse stock collapsing, following several major banking collapses in the United States. Credit Suisse has been faltering for some years and it stock began falling in 2021. The bank suffered its biggest loss ever in the fourth quarter of 2022.

Switzerland freezes Russian bank accounts, its first break with its traditional neutrality.

Switzerland bans gatherings of more than fifteen and orders mask wearing.

Switzerland bans gatherings of more than fifteen and orders mask wearing.

Switzerland confirms first case of COVID-19.

Referenda on whether to impose quotas for affordable housing in new projects, which fails, and whether to criminalize discrimination on the bases of sexual orientation, which passes.

Green Party substantially increases its representation in the Federal Assembly, winning 13% of the vote and the Green Liberal Party nearly 8%. The far-right Swiss People’s Party (SVP) loses slightly, down to 26%. The Social Democrats win about 19% and the FDP.The Liberals (also called the Free Democratic Party) just over 16%. Climate change was a major factor. The Federal Council will be elected in December later this year by both chambers of the Federal Assembly and its members are nominated by the parties. In the past, the Council was composed of two members of the Free Democratic Party, two members of the Christian Democratic People’s Party (CVP), two members of the Social Democratic Party (SP), and one member of the Swiss People’s Party (SVP).

In a referendum, the Swiss reject a proposal to put domestic law above international law.

Swiss prosecutor investigating two officials of a Saudi energy company and two UAE investment fund officials in connection with Malaysian 1MDB fund.