AGP Executive Report
Last update: 4 hours agoBanking: UBS reported third-quarter net profit of $2.69 billion and said its Credit Suisse integration remains on track, but CEO Sergio Ermotti warned that proposed Swiss capital rules could force the bank to reconsider its future in the country. Defence: Switzerland is assessing Israeli and French air-defence systems for a CHF6 billion purchase, aiming to reduce reliance on US-made Patriot systems and a single supplier. Public Health: Switzerland received a Swiss diplomat’s wife evacuated from Nigeria after an Ebola infection; Bern says she likely contracted the virus in Uganda, not the Democratic Republic of Congo, and her husband is in isolation. Sport: Tennis great Stan Wawrinka ended his career with a first-round defeat in Basel, closing a run that included three Grand Slam titles.**
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