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Markets

SNB sells nearly $150bn of forex in 2023

Switzerland's central bank sold foreign currency worth 132.9 billion Swiss Francs last year ($149.51 billion), reflecting a heightened focus on bolstering the Swiss Franc as a defence against imported inflation.

posted on 19.03.2024

Markets

SNB cuts rates on overnight deposits

On Monday, the Swiss National Bank (SNB) announced it would lower the amount of interest paid to commercial banks for funds deposited overnight.

posted on 30.10.2023

Markets

Switzerland’s bank fees rise considerably in August

Bank fee prices in Switzerland increased the most last month, within a range of products analysed by Comparis published on Thursday. 

posted on 14.09.2023

Markets

SNB sells nearly $150bn of forex in 2023

Switzerland's central bank sold foreign currency worth 132.9 billion Swiss Francs last year ($149.51 billion), reflecting a heightened focus on bolstering the Swiss Franc as a defence against imported inflation.

posted on 19.03.2024

Markets

SNB cuts rates on overnight deposits

On Monday, the Swiss National Bank (SNB) announced it would lower the amount of interest paid to commercial banks for funds deposited overnight.

posted on 30.10.2023

Markets

Switzerland’s bank fees rise considerably in August

Bank fee prices in Switzerland increased the most last month, within a range of products analysed by Comparis published on Thursday. 

posted on 14.09.2023

Markets

Switzerland not ready for a population boom, say real estate experts

Switzerland’s population is forecast to increase by far more than predicted by official statistics, according to real estate experts, which leaves the country unprepared to cope with soaring housing demand.

posted on 21.08.2023

Markets

Swiss National Bank profits decline in Q2

The Swiss National Bank (SNB) has reported losses between April and June, halving the central bank’s early-year profits and making a payout to the government and cantons next year look less likely.

posted on 02.08.2023

Markets

Swiss job market rises 5% in Q2

Switzerland’s job market vacancies increased by 5% in Q2 2023 compared to Q2 last year,

posted on 07.07.2023

Markets

SNB hikes rates for the fifth consecutive time

Switzerland's central bank hiked its policy interest rate by 25 basis points on Thursday in a bid to curb inflation, indicating additional tightening is likely in the future.

posted on 23.06.2023

Markets

Switzerland has virtually no gender pay gap

There is almost no pay inequality between men and women in Switzerland, as per the results of a study undertaken by the University of St Gallen.

posted on 14.06.2023

Markets

Switzerland and UK to negotiate new FTA

Negotiations for a new free trade agreement (FTA) between Switzerland and the UK will begin later in May, as per a joint statement issued on Monday.

posted on 16.05.2023

Markets

Govt. awards $9.7m contract linked to Credit Suisse/UBS takeover

Switzerland’s government has granted an advisory mandate to Alvarez & Marsal Switzerland, worth 8.7 million Swiss francs ($9.70 million), associated with the Credit Suisse rescue.

posted on 18.04.2023

Markets

Swiss to vote on preventing cashless society, says FBS

People in Switzerland will have the opportunity to ensure the economy remains cashless as a pressure group collects enough signatures to spark a popular vote.

posted on 07.02.2023

SNB sells nearly $150bn of forex in 2023

Switzerland's central bank sold foreign currency worth 132.9 billion Swiss Francs last year ($149.51 billion), reflecting a heightened focus on bolstering the Swiss Franc as a defence against imported inflation.

posted on 19.03.2024

SNB cuts rates on overnight deposits

On Monday, the Swiss National Bank (SNB) announced it would lower the amount of interest paid to commercial banks for funds deposited overnight.

posted on 30.10.2023

Switzerland’s bank fees rise considerably in August

Bank fee prices in Switzerland increased the most last month, within a range of products analysed by Comparis published on Thursday. 

posted on 14.09.2023

Switzerland not ready for a population boom, say real estate experts

Switzerland’s population is forecast to increase by far more than predicted by official statistics, according to real estate experts, which leaves the country unprepared to cope with soaring housing demand.

posted on 21.08.2023

Swiss National Bank profits decline in Q2

The Swiss National Bank (SNB) has reported losses between April and June, halving the central bank’s early-year profits and making a payout to the government and cantons next year look less likely.

posted on 02.08.2023

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SNB sells nearly $150bn of forex in 2023

SNB cuts rates on overnight deposits

Switzerland’s bank fees rise considerably in August

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