Tag Archives: Swiss National Bank

SIC5 Launches as Swiss Payment System’s Next Generation, Paving the Way for Instant Payments

(IN BRIEF) SIX and the Swiss National Bank have unveiled SIC5, the new generation of the Swiss payment system, which sets the stage for instant payments, enabling electronic customer payments to be processed 24/7 in a matter of seconds. Over … Read the full press release

Credit Suisse: The risk of inflation in Switzerland and Europe is too low for the European Central Bank and Swiss National Bank to raise key interest rates

Credit Suisse publishes “Monitor Switzerland” for Q3 2021 (PRESS RELEASE) ZÜRICH, 15-Sep-2021 — /EuropaWire/ — Credit Suisse, a global wealth manager, investment bank and financial services firm, has announced the release of its quarterly “Monitor Switzerland” for Q3 2021. The … Read the full press release

Swiss National Bank (SNB) will report a loss in the order of CHF 15 billion for the 2018 financial year

Confederation and cantons to receive distribution of CHF 2 billion (PRESS RELEASE) ZURICH, 09-Jan-2019 — /EuropaWire/ — According to provisional calculations, the Swiss National Bank (SNB) will report a loss in the order of CHF 15 billion for the 2018 financial … Read the full press release

Martin Schlegel named as new Alternate Member of the Governing Board of the Swiss National Bank

Berne/Zurich, 05-Jul-2018 — /EuropaWire/ — At its meeting of 4 July 2018, the Federal Council appointed Martin Schlegel as the new Alternate Member of the Governing Board of the Swiss National Bank (SNB), following the proposal of the SNB’s Bank Council. … Read the full press release

Swiss National Bank announces renowned economist John B. Taylor as speaker for its Karl Brunner Distinguished Lecture Series

ZURICH, 16-Feb-2017 — /EuropaWire/ — For the second lecture in its Karl Brunner Distinguished Lecture Series, the Swiss National Bank (SNB) has named the renowned economist John B. Taylor, Professor of Economics at Stanford University, California, as this year’s speaker. The … Read the full press release

Swiss National Bank: The Chinese central bank authorised direct trading between renminbi and Swiss francs on China Foreign Exchange Trade System (CFETS)

ZURICH, 16-11-2015 — /EuropaWire/ — The People’s Bank of China (PBC), the Chinese central bank, has authorised direct trading between renminbi and Swiss francs on the China Foreign Exchange Trade System (CFETS) with effect from 9 November 2015. The availability … Read the full press release

Swiss National Bank’s stabilisation fund repaid the loan granted by the SNB parent company

Zurich, 19-8-2013 — /EuropaWire/ — On 15 August 2013, the stabilisation fund (StabFund) of the Swiss National Bank (SNB) repaid the loan granted by the SNB parent company in full. Under the terms of the agreement, UBS may exercise an option … Read the full press release