|Bid||4,600.00 x 0|
|Ask||4,630.00 x 0|
|Day's Range||4,550.00 - 4,600.00|
|52 Week Range||4,000.00 - 9,760.00|
|Beta (3Y Monthly)||1.27|
|PE Ratio (TTM)||0.01|
|Forward Dividend & Yield||15.00 (0.32%)|
|1y Target Est||N/A|
A central banker can dismiss a SFr15bn loss as a blip on the path to normalisation. ’s preliminary 2018 results reflects the impact of a stronger franc on a SFr729bn foreign currency portfolio, as well as weaker securities markets. The SNB was founded as a joint stock company in 1907.
The Swiss National Bank kept its ultra-loose monetary policy in place on Thursday, citing the "fragile" exchange-rate situation and international tensions as reasons to maintain its expansive course into a fourth year. The tension surrounding Italy's fiscal policy also persists," SNB Chairman Thomas Jordan told a news conference. The SNB kept its target range for the three-month London interbank offered rate (LIBOR) at -1.25 to -0.25 percent, as unanimously forecast by 32 economists polled by Reuters.
The Swiss National Bank kept its ultra-loose monetary policy in place on Thursday, citing the "fragile" exchange rate situation as a reason to maintain its expansive course. The SNB kept its ...
The Swiss National Bank kept its ultra-loose monetary policy in place on Thursday, citing the "fragile" exchange rate situation and rising international trade tensions and protectionism. The SNB kept its target range for the three-month London Interbank Offered Rate (LIBOR) at -1.25 to -0.25 percent, as unanimously forecast by 36 economists polled by Reuters. The central bank also kept the interest rate it charges on sight deposits at -0.75 percent, adding it remained ready to intervene in the foreign currency markets to counter a rise in the Swiss franc.
A radical plan to transform Switzerland's financial landscape by barring commercial banks from electronically creating money when they lend was resoundingly rejected by Swiss voters on Sunday. More than three quarters rejected the so-called Sovereign Money initiative, according to the official result released from the Swiss government. All of the country's self-governing cantons also voted against in the poll, which needed a majority from Switzerland's 26 cantons as well as a simple majority of voters to succeed.
Swiss voters have clearly rejected a radical overhaul of their financial system which would have prevented banks creating money every time they gave credit, the government said on Sunday. More than three ...
A radical plan to upend Switzerland's financial landscape by barring commercial banks from creating money when they lend was heading for defeat, according to early projections on Sunday. Some 74 percent ...
A radical plan to upend Switzerland's financial landscape by barring commercial banks from creating money when they lend looks likely to be defeated, Swiss broadcaster SRF said on Sunday.
Swiss voters will learn on Sunday if their country will be the first in the world to introduce a radical new financial system that would bar commercial banks creating money each time they made a loan. The initiative, called under Switzerland's system of direct democracy after gathering more than 100,000 votes, wants to make the Swiss National Bank (SNB) the only authority in the country authorised to create money in the country. The plan, if accepted could have repercussions beyond Switzerland's borders by removing a practice which underpins most of bank lending in the world.
Swiss banks are highly exposed to the residential real-estate sector where prices have trended upwards for the last 12 years, but banks' resilient credit profiles provide a significant buffer, Moody's ...