Swiss central bank posts record 2024 profit of nearly $90 billion
The Swiss National Bank posted a record annual profit of 80.7 billion Swiss francs ($89.50 billion) in 2024, the central bank ...
EconoTimes11d
Swiss National Bank Stands Firm on Interest Rates and Currency Policy
The Swiss National Bank (SNB) remains committed to using interest rates and currency interventions to maintain price ...
Swiss Move to Slow Down Changes to UBS Capital Requirements
The Swiss government said it would seek lawmakers’ sign-off on how it should design capital rules affecting UBS Group AG, ...
FXStreet13d
Swiss Franc dips as Swiss GDP declines
The Swiss franc is down for a second straight trading day. In the European session, USD/CHF is trading at 0.8980, up 0.38% on the day. The Swiss economy slowed to 0.2% q/q in the fourth quarter of ...
U.S. News & World Report1mon
Swiss President Forecasts Deficits of 3 Billion Francs in Coming Years
GENEVA -Switzerland's President and Finance Minister Karin Keller-Sutter forecast higher annual budget deficits of around 3 billion Swiss Francs ($3.31 billion) in the next few years due to higher ...
Sandoz Family to Get $2.9 Billion From Offloading Part of Its Novartis Stake
ZURICH (Reuters) - The investment vehicle of the Sandoz family will get 2.6 billion Swiss francs ($2.90 billion) from selling a chunk of Swiss pharma giant Novartis, the bookrunner on the deal said on ...