UBS flags ‘serious’ concern about new Swiss capital requirements
UBS executives on Wednesday (Apr 24) told shareholders that the bank has major concerns about the Swiss government’s recently announced ...
Tag: Swiss
Swiss franc, yen modestly up, but off highs
THE safe-haven Swiss franc and Japanese yen pared gains on Friday (Apr 19) after Teheran signalled it has no plans ...
Swiss watch exports plunge as China and Hong Kong demand dries up
MONTHLY Swiss watch exports suffered their biggest decline since 2020 as demand for premium and luxury timepieces in key markets ...
UBS faces tougher rules in Swiss response to Credit Suisse rescue
SWITZERLAND’S UBS and three other systemically relevant banks must face tougher capital requirements, the Swiss government said on Wednesday (Apr ...
Swiss National Bank’s chairman against issuing retail central bank digital currency
THE Swiss National Bank sees no need for a central bank digital currency (CBDC) to be issued to the general ...
US dollar edges down after data, yen squeezed, Swiss Franc at multi-month lows
THE US dollar hit a one-week low on Thursday (Apr 4) as economic data supported expectations for quick rate cuts ...
Law firm to launch investment treaty claims against Swiss government for Credit Suisse AT1 write-downs
GLOBAL law firm Clyde & Co is planning to launch a series of investment arbitration claims against the Swiss government, ...
Swiss chocolatiers bank on the Easter bunny as cocoa costs soar
SWISS chocolatiers have a battle on their hands as Easter rolls around, with surging cocoa prices sending their costs soaring ...
Sterling slips as BOE holds rates; Swiss franc tumbles after surprise SNB cut
STERLING fell after the Bank of England (BOE) on Thursday (Mar 21) kept its benchmark interest rate on hold as ...
Swiss National Bank surprises with quarter point interest rate cut
THE Swiss National Bank cut its main interest rate by 25 basis points to 1.5 per cent on Thursday (Mar ...
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