Asian markets slide as c. bank decisions, geopolitical uncertainty loom
Asian shares dipped on Monday, led by a 2.4 per cent decline in South Korean stocks amid political uncertainty…
Browsing Tag
Swiss National Bank
Swiss c. bank to launch new banknote series
The Swiss National Bank (SNB) announced plans to develop its tenth banknote series, focusing on the theme of…
Swiss c.bank cuts policy rate by 25 bps
The Swiss National Bank (SNB) decided on Thursday to lower the SNB policy rate by 0.25 percentage points to 1.0 per…
Switzerland’s GDP surges
Switzerland’s economy "unexpectedly maintained momentum" at the start of the year on services and private…
Swiss franc falls to lowest after SNB rate cut
The Swiss franc experienced a sharp decline against the dollar following the Swiss National Bank (SNB) 25-basis…
Swiss National Bank makes first rate cuts in 9 years
The Swiss National Bank has on Thursday cut its main interest rate by 25 basis points, the first-rate reduction…
Swiss c. bank likely to cut rates
A small group of banks anticipate that Switzerland's policymakers will defy predictions and decrease interest…
SNB sells forex worth CHF132.9b in ’23
The Swiss National Bank sold foreign currency totalling 132.9 billion Swiss francs ($149.51 billion) in 2023.
Credit Suisse borrows $50bln from Swiss National Bank
Credit Suisse said on Wednesday it would borrow some 50 billion Swiss Franc ($53.7 billion) from the Swiss National…
Swiss central bank raises interest rates by 0.75%, ending era of negative rates
Swiss National Bank has raised its benchmark interest rate to 0.5 percent on Thursday, considers a shift that…
Swiss National Bank chairman won’t exclude more rate cuts
Swiss National Bank Chairman Thomas Jordan cannot exclude more interest rate cuts, he said in an interview…
European bourses end lower on central banks’ actions
Bourses in Europe provisionally ended Thursday lower as investors digested monetary policy decisions from the Bank…
European stocks lower; focus on central banks; Trump investigated
Stock markets in Europe moved lower on Thursday as investors digested comments from the U.S. Federal Reserve and…
European markets seen lower, focus on central banks,Trump investigated
Bourses in Europe are expected to open lower Thursday as investors digest comments from the U.S. Federal Reserve…
SNB to adapt in post-Brexit market
The Swiss National Bank must be ready to react flexibly to any short term threats or opportunities arising from…
FXCM posts $426.8 million Net Loss
FXCM Inc. posted a $426.8 million net loss for the first quarter, hurt by several items stemming from the January…
Deutsche Bank Q1 Profit falls by Half as Legal Charges Bite
Deutsche Bank's (DBKGn.DE) earnings fell by half in the first quarter, a greater-than-expected drop as hefty legal…
Swiss Central Bank Ready to intervene: Official
The Swiss franc fell on Tuesday after a senior official at the Swiss National Bank was quoted as saying the central…
Euro on Edge ahead of Greek Vote
The euro was rooted near two-year lows on Monday ahead of a vote in Greece that could trigger fresh anxiety over…
Gold, Swiss Franc Fall after Swiss Referendum
Gold prices fell the most in more than three weeks and the Swiss franc dipped slightly on Monday after Swiss voters…
Money in Swiss Banks: India Slips to 70th Position; UK on Top
India has slipped to 70th position in terms of foreign money lying with Swiss banks and accounts for a meagre 0.10…
Yen Climbs Against Dollar Amid BOJ Inaction
The Japanese yen strengthened against the dollar on Wednesday after the Bank of Japan failed to unveil any new…
Hugo Baenziger Likely To Be Board Member at Swiss National Bank
Deutsche Bank's outgoing chief risk officer Hugo Baenziger is the favorite to become the third board member of the…
SNB’s findings to be announced Wednesday
The Swiss National Bank (SNB) said it will publish findings from a review of its enlarged governing board on…