The Federal Administrative Court of Switzerland ruled on Tuesday that writing off 16.5 billion Swiss francs ($20.53 billion USD) in Credit Suisse bonds was unlawful, calling into question the ...
Writing off 16.5 billion Swiss francs ($20.53 billion) in Credit Suisse bonds was unlawful, a Swiss court ruled on Tuesday, ...
US President Donald Trump makes no secret of his views on the decisions taken by the Federal Reserve. He has not just applied public pressure but also temporarily appointed one of his closest economic ...
Federal Reserve Chair Jerome Powell said the central bank would hold interest rates steady for now, while signaling rate cuts could be warranted later this year. Photo: Susan Walsh/Associated Press ...
The Swiss National Bank on Thursday took a third step to loosen monetary policy this year, bringing its key interest rate down by 25 basis points to 1.0%. The trim, which had been anticipated by 30 of ...
The Swiss National Bank lowered rates to zero after consumer prices fell last month. Other European central banks are grappling with uncertainty caused by President Trump’s tariffs. By Eshe Nelson ...
Switzerland’s central bank wants nothing to do with Bitcoin, no matter what happens in the United States. Even as Donald Trump, now back in the White House, pushes for a strategic Bitcoin reserve, the ...
There's a lot of cachet to the Swiss bank account. For generations, banking in cities like Zurich and Geneva has come with an air of mystery. This is a nation that fiercely safeguards financial ...
A sign sits on display outside the headquarters of the Swiss National Bank (SNB) in Bern, Switzerland, on Thursday, March 8, 2012. "We expect the loan the SNB has granted to the UBS stabilization fund ...