swiss national bank

JPMorgan profit rises as fixed-income trading rebounds

JPMorgan Chase & Co, the biggest U.S. bank by assets, reported a 12.2 percent rise in quarterly profit as revenue from fixed-income trading rebounded.

Read Full Article

Has the Fed's 'patience' been exhausted?

For a world economy coming to terms with a soaring dollar and a plunge in oil prices, this week will be all about the U.S. Federal Reserve's policy meeting and its intentions on interest rates.

Read Full Article

SNB considering higher negative interest rates: Schweiz am Sonntag

The Swiss National Bank, battling a rise in the country's currency, could push interest rates further into negative territory if the franc moves in the "wrong direction", a Swiss newspaper reported on Sunday, citing sources close to the bank.

Read Full Article

European markets subdued as Chinese data weighs

European shares stalled and core bond yields held near lows on Monday following disappointing data from China, while Greek markets were volatile as the government pursued efforts to reach a compromise with its creditors.

Read Full Article

All eyes on Fed, Greece after ECB fires bazooka

After the surprises from central banks which rocked markets at the start of the year, the U.S. Federal Reserve will be watched as closely as ever this week to see that it doesn't stray from its own policy path.

Read Full Article

Large Everest Capital hedge fund closing after Swiss franc losses: Bloomberg

Hedge fund manager Marko Dimitrijevic is closing his largest hedge fund, Everest Capital's Global Fund, having lost almost all its money after the Swiss National Bank (SNB) scrapped its three-year-old cap on the franc against the euro, Bloomberg news reported on Saturday.

Read Full Article

After SNB shock, 'Swiss Made' may mean more expensive

"Swiss Made" has traditionally stood for quality, precision and reliability. But after a shock move to scrap the cap on the franc, it could convey a less attractive message: Made more expensive.

Read Full Article

Asia shares slide as Swiss move heightens volatility

Asian shares stumbled on Friday and the dollar skidded against the safe-haven yen after Switzerland's central bank unexpectedly scrapped its currency cap - jolting markets already roiled by plunging commodities prices.

Read Full Article

Euro zone's troubles, gold vote test Swiss central bank

The Swiss National Bank faces the biggest test of its cap on the franc in two years but may find it easier to defend now than when euro zone breakup fears were rampant and the strategy unproven.

Read Full Article

Swiss gold referendum's support falls short of majority: poll

A proposal to prohibit the Swiss National Bank from selling any of its gold reserves has the support of 44 percent of the public, a closely watched survey showed on Friday, though that result falls short of the backing it needs to pass into law.

Read Full Article

Fed-FX swaps with foreign central banks total $240 million in latest week

The Federal Reserve provided $240 million of liquidity to foreign central banks in the latest week via its swap lines for foreign central banks, the New York Fed said on Thursday.

Read Full Article

UBS AG to pay back Swiss National Bank for bailout fund value

The Stability Fund was created as part of the bailout package of UBS AG and now, it was time for the bank to pay back the fund under a given formula.

Read Full Article

UBS purchases its bailout fund back from SNB

The Swiss National Bank sold the bailout fund of UBS for USD3.762 billion.

Read Full Article

Swiss National Bank continues protection of the franc

According to SNB President Thomas Jordan, protecting the Swiss franc is imperative for economic health.

Read Full Article

Swiss National Bank Chairman Thomas Jordan calls out more requirements for banks

According to Thomas Jordan, Swiss National Bank Chairman, said there is a lot that needs to be done before banks can avoid harming the general economy.

Read Full Article
1 2

Subscribe to VCpost newsletter

Sign up for our Deals of the Day newsletter.
We will not spam you!

Real Time Analytics