Swiss National Bank

(IN BRIEF) Empa research facilities are set to appear on Switzerland’s future banknotes after the Swiss National Bank selected a winning design concept created by the agency Emphase Sàrl. The new currency series will follow the theme “Switzerland and its … Read the full press release →

(IN BRIEF) The University of St.Gallen has appointed Dr. Matthias Ammann as its new Secretary General, beginning 1 January 2026. Currently Managing Legal Counsel at the Swiss National Bank, Ammann brings broad expertise in law, business, and legal technology to … Read the full press release →

(IN BRIEF) The Association for Financial Markets in Europe (AFME) has published its inaugural Distributed Ledger Technology (DLT) Capital Market report, offering valuable insights into the global market’s growth in DLT issuance and related secondary market activities. The report highlights … Read the full press release →

(IN BRIEF) The latest Swiss Payment Monitor report reveals that mobile payments have become the most popular payment method in Switzerland, surpassing debit cards and cash for the first time. Mobile devices now account for 26.8% of all transactions, driven … Read the full press release →

(IN BRIEF) Switzerland launched instant payments on 20 August 2024, with around 60 financial institutions now able to process these transactions, covering over 95% of Swiss retail payments. Instant payments allow for immediate account-to-account transfers, 24/7, offering significant benefits such … Read the full press release →

(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 →

(IN BRIEF) SIX, the Swiss National Bank (SNB), and six commercial banks are embarking on a pioneering pilot project called Helvetia Phase III, aimed at exploring the use of tokenized central bank money (wCBDC) for financial institutions. This initiative marks … Read the full press release →

(IN BRIEF) UBS Group AG has voluntarily terminated its CHF 9 billion Loss Protection Agreement (LPA) with the Swiss government, covering potential losses from Credit Suisse non-core assets, after a thorough evaluation of the assets and stress loss scenarios. Additionally, … Read the full press release →

(IN BRIEF) Andréa M Maechler has been appointed as the new Deputy General Manager of the Bank for International Settlements (BIS), effective from 1 September 2023, for a term of five years. She will succeed Luiz Awazu Pereira da Silva, … Read the full press release →

(PRESS RELEASE) ZURICH, 23-Nov-2022 — /EuropaWire/ — Credit Suisse Group AG, a global wealth manager, investment bank and financial services firm, has announced the release of its latest Worry Barometer 2022, a polling of Swiss voters on worries, confidence, and … Read the full press release →

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 →

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 →

ZURICH, 05-Sep-2018 — /EuropaWire/ — Every two years, the Verein für Socialpolitik confers the Carl Menger Award for innovative international research in the areas of monetary macroeconomics and monetary policy. The award, named after the Austrian economist and co-founder of the … Read the full press release →

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 →

ZURICH, 22-Nov-2017 — /EuropaWire/ — As of 01 January 2018, Jerome Jean Haegeli will become Swiss Re’s Group Chief Economist at the Swiss Re Institute. Current Group Chief Economist Kurt Karl will retire at the end of December 2017 after six … Read the full press release →

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 →

Lausanne, 21-12-2015 — /EuropaWire/ — In the future, the two nuclear power plants Gösgen and Leibstadt will enter their entitlements to the decommissioning and waste disposal funds in their balance sheets on the basis of market values. Alpiq will balance its share … Read the full press release →

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 →

Berne/Zurich, 16-3-2015 — /EuropaWire/ — The Swiss National Bank (SNB) today announced that Barbara Janom Steiner has been elected as member of the Bank Council for the remainder of the 2012–2016 term of office by the Federal Council, at its … Read the full press release →

Zurich, 19-5-2014 — /EuropaWire/ — The Swiss National Bank (SNB), the European Central Bank (ECB), the central banks of the euro area (Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, Spain) … Read the full press release →