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Swiss National Bank (SNB)

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Strong franc, negative interest rates expected to stay

21/12/2016(0)
The Swiss economy will continue to be plagued by an over-valued franc and negative interest rates for the whole of next year, according predictions released by Credit Suisse bank ... Read More
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SNB:Monetary policy remains expansionary

17/03/2016(0)
The Swiss National Bank (SNB) is maintaining its expansionary monetary policy. The target range for the three-month Libor remains at between –1.25% and –0.25%, and interest on sight deposits ... Read More
Swiss National Bank

Swiss GDP Unexpectedly Stagnates in Third Quarter

01/12/2015(0)
Export growth driven solely by chemicals, pharmaceuticals SNB to hold rate decision on Dec. 10, may react to ECB easing Swiss economic growth unexpectedly stalled in the third quarter, ... Read More
Swiss franc shock

The Current State of the Swiss Franc

30/11/2015(0)
  The Swiss National Bank (SNB) kept policy unchanged at the June policy review, leaving their benchmark interest of deposits at -0.75%. The target range for the three month ... Read More
Swiss National Bank

SNB says progress needed from biggest Swiss banks on capital

18/06/2015(0)
The Swiss National Bank (SNB) on Thursday welcomed the improvement made by the country’s biggest banks, UBS and Credit Suisse, to their capital strength in the past year but ... Read More
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SIX Swiss Exchange and Shanghai Stock Exchange step up their collaboration

09/06/2015(0)
SIX Swiss Exchange and Shanghai Stock Exchange have agreed in a memorandum of understanding to step up their collaboration. A delegation from China is visiting the Swiss stock exchange ... Read More
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Swiss central bank ready to intervene: official

27/01/2015(0)
The Swiss franc fell on Tuesday after a senior official at the Swiss National Bank was quoted as saying the central bank was still prepared to intervene to keep ... Read More
Swiss National Bank

Fresh progress in China-Switzerland financial cooperation

22/01/2015(0)
The Swiss National Bank (SNB) and the People’s Bank of China (PBC) signed, yesterday Jan 21 2015, the Memorandum of Understanding on the establishment of RMB Clearing Arrangements in Switzerland, ... Read More
Swiss franc shock

Forget Switzerland: These banks will be hit by SNB shock

20/01/2015(0)
Switzerland’s shock scrapping of its currency cap could knock Swiss bank earnings by 10-15 percent, but financial firms in nearby central and eastern European countries could be worse affected, ... Read More
Punctured euro banknotes used for training purposes are presented during news conference on German custom's annual statistics in Berlin

Euro pinned near 11-year low as SNB move beefs up bets on ECB stimulus

16/01/2015(0)
The euro languished just above an 11-year trough on Friday as investors wagered that the Swiss move to abandon its currency cap meant it was almost certain the European ... Read More
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