Aryzta CEO Kevin Toland addresses the company’s annual news conference in Zurich.

A key advisor on Swiss-Irish frozen baked goods group Aryzta’s multimillion-euro cost-cutting plan has been named as the new chief executive of Austra(...)

Kevin Toland, CEO and Dan Flinter non executive director of Aryzta at the company’s agm in Dublin last year. Photograph: Alan Betson

Aryzta shareholders have been advised to vote down the company’s planned €800 million rights issue, which management says is needed to pay down debt a(...)

Cuisine de France owner is under pressure to hold a second egm over the scale of its planned fundraising. Photograph: Nick Bradshaw

Aryzta, the troubled Irish-Swiss baked goods group, has been urged to halve the scale of a planned €800 million rights issue designed to pay down debt(...)

Hedge fund RBR wants to divide Credit Suisse into an investment bank, an asset management group and a wealth manager. Photograph: Ruben Sprich/Reuters

Activist investor RBR Capital Advisors has launched a campaign to break up Credit Suisse, hoping to capitalise on investor unrest after Switzerland’s (...)

Owen Killian, CEO Aryzta. Photograph: Cyril Byrne / The Irish Times

In 1997, the former Irish Agricultural Wholesale Society (IAWS), later to become Aryzta, acquired the Cuisine de France brand for IR£51 million (€64 m(...)

The Swiss bank’s stocked soared nearly 6 per cent to an all-time high. Photograph: Steffen Schmidt/EPA

Julius Baer stock jumped nearly 6 per cent to an all-time high on Wednesday after the Swiss private bank said it would book an initial $350 million fo(...)

People walk under Christmas lights during a snowfall on the Paradeplatz square in Zurich. An office building of Swiss bank UBS (left) and the headquarters of Swiss bank Credit Suisse (right) are seen in the background. Photograph: Arnd Wiegmann/Reuters

Switzerland’s private banks have until Monday to decide whether to bow to US pressure and ditch the centuries-old culture of secrecy that has made the(...)

Glanbia products: the company had a good day on the stock exchange, climbing 2.6 per cent to €9.85.  Photograph: Matt Kavanagh/The Irish Times

European markets surge as biggest firms including BP and UBS report earnings

The headquarters of Roche Holding  in Basel, Switzerland. Photographer: Peter Frommenwiler/Bloomberg

Roche will halt development of a diabetes drug partly because of its undesired side-effects, marking another high-profile setback for the Swiss compa(...)