Tag: francs
Banking crisis scratches the image as a safe haven
Effects of the banking crisis The emergency sale of Credit Suisse to UBS is damaging the national currency. (Photo: Bloomberg) Frankfurt The banking drama in Switzerland is damaging the reputation…
UBS buys Credit Suisse for three billion Swiss francs
Zurich, Frankfurt The struggle for the future of Credit Suisse is over: UBS takes over the second largest Swiss bank. The Swiss National Bank (SNB) is supporting the emergency merger…
More than 130 billion francs loss – why a state hedge fund is risky
View of the headquarters of the Swiss National Bank in Bern The central bank is pursuing an unusual monetary policy. (Photo: imago images/Andreas Haas) The Swiss National Bank (SNB) made…
The euro is no longer coming out of the low
Euro and dollar bills The risks for the euro have increased again in the past few days. (Photo: Reuters) Frankfurt/Zurich When the euro was last as cheap as it is…
Insurer Zurich wants to buy back shares for 1.8 billion Swiss francs
Zurich logo on a building in Cologne The group benefits from the strong dollar. (Photo: imago/Horst Galuschka) Zurich The Zurich Insurance Group wants to distribute money to its shareholders after…
Why prices in Switzerland have barely risen
supermarket in Switzerland While food prices in the euro zone and the USA rose by around ten percent year-on-year, they remained almost constant in Switzerland. (Photo: dpa) Geneva Anyone in…
Trend district: Nuremberg-Erlangen’s real estate market is highly competitive
View of Nuremberg Locations in and around the historic old town of Nuremberg are particularly in demand. (Photo: ? Sandra Raccanello/SIME/Schapovalov) Munich It is a critical distance with tradition. Ever…
Swiss equities as a safe haven in times of crisis
Production at Nestlé, Roche, Novartis and Givaudan Swiss stocks from the pharmaceutical and food sectors are considered crisis-resistant. (Photo: AFP/Getty Images) Frankfurt. The Swiss financial market has the reputation of…
The value of the euro falls below one franc
Zurich The soaring Swiss franc alarmed the domestic central bank. On Monday, the Swiss National Bank (SNB) emphasized its willingness to weaken the strengthened Swiss currency with foreign currency purchases.…
Swiss central bank achieves a profit of over CHF 26 billion
Swiss National Bank Shareholders are to receive a dividend of CHF 15 per share certificate. (Photo: Reuters) Zurich The Swiss National Bank (SNB) closed last year with a profit of…
Swiss central bank achieves a profit of over CHF 26 billion
Swiss National Bank Shareholders are to receive a dividend of CHF 15 per share certificate. (Photo: Reuters) Zurich The Swiss National Bank (SNB) closed last year with a profit of…
Which currency is a safe haven
Passer-by in front of an exchange office Safe-haven currencies could benefit from geopolitical turmoil. (Photo: AP) Frankfurt In times of crisis, investors usually follow a simple pattern: get out of…
Which currency is a safe haven
Passer-by in front of an exchange office Safe-haven currencies could benefit from geopolitical turmoil. (Photo: AP) Frankfurt In times of crisis, investors usually follow a simple pattern: get out of…
Swiss franc against the euro as strong as in 2015
Zurich A look at the exchange rate of the franc against the euro and the dollar should actually worry Fabian Chiozza. He is CFO at the Swiss company VAT, a…