Swiss National Bank

Swiss National Bank posts record $143 billion loss in 2022

The Swiss National Bank posted an annual loss of 132 billion Swiss francs ($143 billion) in 2022, it said on…

3 years ago

Credit Suisse scrambles to finalise revamp as deadline looms

Credit Suisse is racing to firm up sales of part of its business that could limit the cash it needs…

3 years ago

Credit Suisse pays down debt to calm investors

Credit Suisse will buy back up to 3 billion Swiss francs ($3 billion) of debt, an attempt by the Swiss bank…

3 years ago

Morning Bid: Oil and jobs

World markets calmed a bit on Wednesday after a tumultuous couple of weeks - but a focus on energy prices…

3 years ago

Morning Bid: The 75bp club

Most of world's major central banks are now going up a gear with historically sweeping interest rate rises to cool…

3 years ago

Swiss National Bank posts record H1 loss, says no policy impact

The Swiss National Bank (SNBN.S) reported a first-half loss of 95.2 billion Swiss francs ($100.08 billion) on Friday, the biggest six-month loss…

3 years ago

Analysis: Swiss policy pivot signals exit for big stock and bond investor

From Silicon Valley shares to U.S. and European government bonds, securities that are already under heavy pressure stand to lose…

3 years ago

European shares rise, dollar slips as market selloff pauses

European shares opened higher on Tuesday, recovering slightly from last week's 17-month lows as the selloff paused, but major central…

3 years ago

Dollar drives higher, yen tumbles to 1998 lows

The safe haven dollar gained towards fresh two-decade highs versus major rival currencies on Monday, supported by fears over a…

3 years ago

Cash loses its shine in pandemic but still king in Switzerland

Cash is still king in Switzerland, a Swiss National Bank study published on Wednesday found, although the wealthy country's citizens…

4 years ago