The Swiss National Bank has on Thursday cut its main interest rate by 25 basis points, the …
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Swiss National Bank (SNB)
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BanksFeatureInternational NewsMoneyNews
Swiss National Bank to start rate cuts earlier than expected
by Aya Anwarby Aya AnwarThe Swiss National Bank (SNB) is anticipated to initiate interest rate reductions earlier than previously anticipated, according …
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BanksFeatureInternational NewsMoneyNews
Credit Suisse borrows $50bln from Swiss National Bank
by Nada Aliby Nada AliCredit Suisse said on Wednesday it would borrow some 50 billion Swiss Franc ($53.7 billion) from the …
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BanksFeatureFinancial InstitutionsInternational NewsMoneyNews
Swiss National Bank’s annual loss reaches 132.5 bln francs
Swiss National Bank reported the biggest annual loss in the bank’s 115-year history of 132.5 billion Swiss …
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BanksInternational NewsMoneyNews
Swiss central bank raises interest rates by 0.75%, ending era of negative rates
by Nada Aliby Nada AliSwiss National Bank has raised its benchmark interest rate to 0.5 percent on Thursday, considers a shift …
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Financial InstitutionsInternational NewsMoneyNews
Swiss National Bank records H1 heavy losses
by Nada Aliby Nada AliSwiss National Bank (SNB) has taken a hit of CHF95.2 billion ($100 billion) for the first half …