Foreign investors own 60% of Swiss corporations
Global financial institutions are increasingly dominating the shareholders of major Swiss companies, according to the Sunday edition of the Neue Zürcher Zeitung (NZZ). The German-language newspaper points to Swiss banking giant Credit Swiss as a prime example of a financial institution where traditional shareholder democracy is eroding fast. Credit Suisse shares are broadly anchored in the Swiss population with 99,500 people acting as co-owners of the bank. But at the upcoming annual general meeting of Credit Suisse in Zurich... Читать дальше...