As expected, the Swiss National Bank has left interest rates unchanged. This is a major boost for both EUR/CHF and USD/CHF in the weeks ahead as the Swiss Franc is expected to weaken.
Tags » Swiss Franc
Credit Suisse will not decide on how it wants to raise fresh capital until after this week’s annual general meeting, SonntagsZeitung reported on Sunday.
The Swiss bank is considering a quick-fire share sale or listing 20 to 30% of its Swiss business in order to raise between 3 and 6 billion Swiss francs ($3-$6 billion) in new capital, the Swiss newspaper said, citing sources close to Chairman Urs Rohner. 195 more words
Olga Cielinska, Andreas Joseph, Ujwal Shreyas, John Tanner and Michalis Vasios
The Bank of England has now access to transaction-level data in over-the-counter derivatives (OTCD) markets which… 1,550 more words
In an inane study of the world’s countries by the U.N. and released on World Happiness Day (what an absurd concept) the land locked nation with its active printing press was heralded as ranking… 513 more words
What began as a sharp selloff in financial markets around the world overnight, when it became apparent that Donald Trump would become the next US president, reversed course on Nov. 217 more words