Swiss National Bank holds interest rate at zero, cuts inflation forecast
The outcome shows the central bank setting a higher bar for moving negative than for a standard rate cut The ...
Tag: Swiss
JPMorgan doubles Swiss business by targeting wealthy clients
JPMorgan doubled its Swiss domestic private banking business between 2020 and 2024 and aims to do so again by 2030 ...
HSBC’s Swiss private bank boosts some bankers pay to stem exits
The Swiss arm has been increasing compensation of staff, including relationship managers HSBC Holdings’ Swiss private bank is boosting the ...
Swiss National Bank likely intervening to weaken franc: UBS
The Swiss National Bank (SNB) is probably stepping into the market to weaken the franc, according to economists at UBS ...
Swiss court says 16.5 billion Swiss francs bond write-off in Credit Suisse rescue was unlawful
A Swiss court on Tuesday (Oct 14) said the Swiss financial market regulator’s 2023 decision to write off 16.5 billion ...
Swiss National Bank keeps interest rate at zero, warns of tariff impact
The Swiss National Bank (SNB) held its key interest rate at zero on Thursday (Sep 25), the lowest among major ...
China’s PBOC extends currency swap pacts with ECB, Swiss, Hungarian central banks
China’s central bank has extended currency swap agreements with the European Central Bank and the central banks of Switzerland and ...
HSBC Swiss unit culls wealthy Middle Eastern clients amid regulator scrutiny: report
HSBC’s Swiss private bank has launched a cull of more than 1,000 wealthy Middle Eastern clients, as it faces scrutiny ...
Swiss banker bonus cap proposal watered down in parliament
Swiss lawmakers have watered down a proposal that would have installed a fixed upper limit on compensation at the country’s ...
A 240-year-old Swiss watchmaker’s race to beat Trump’s tariff deadline
As a US tariff deadline neared this week, Swiss watch manufacturer DuBois et fils rushed to ship five high-end watches ...
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