Tag: Swiss National Bank
Swiss National Bank assures Credit Suisse of financial injections in an emergency
Entrance area of the Swiss National Bank Promises Credit Suisse help in an emergency. (Photo: imago images/Andreas Haas) Zurich Crisis-stricken Credit Suisse (CS) gets much-needed backing from supervisors. The Swiss…
Credit Suisse: share collapses again – major shareholder: no capital needed
Zurich, Frankfurt Credit Suisse stock plummeted on Wednesday. In the wake of this development, the shares of other European banks also lost and dragged the markets down overall. After the…
Credit Suisse: share collapses again – major shareholder: no capital needed
Zurich, Frankfurt Credit Suisse is in such a precarious position that every word from a manager can move billions of dollars. Ammar Al Khudairy, chairman of the supervisory board of…
Credit Suisse: share collapses again – major shareholder: no capital needed
Zurich Credit Suisse is in such a precarious position that every word from a manager can move billions of dollars. Ammar Al Khudairy, chairman of the supervisory board of the…
The interest rate turnaround eats up the profits of the central bank
Frankfurt For a long time, central banks were a kind of cash cow for finance ministers. Year after year, they transferred billions to national budgets in Europe. These times are…
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…
SNB doubles interest rate to 1.0 percent
SNB The central bank has raised interest rates again. (Photo: imago images/Andreas Haas) Zurich The Swiss National Bank (SNB) is raising interest rates for the third time in a row…
SNB doubles interest rate to 1.0 percent
SNB The central bank has raised interest rates again. (Photo: imago images/Andreas Haas) Zurich The Swiss National Bank (SNB) is raising interest rates for the third time in a row…
Bank expects 1.5 billion loss in Q4
Zurich Credit Suisse shareholders have granted the bank a capital injection of four billion Swiss francs. At an extraordinary general meeting on Wednesday, they cleared the way for two capital…
Credit Suisse expects a loss of CHF 1.5 billion in the final quarter
Zurich The major Swiss bank Credit Suisse confirmed its loss forecast for the fourth quarter before the shareholders voted on a billion-dollar capital increase. According to information from Wednesday, the…
Credit Suisse expects a loss of CHF 1.5 billion in the final quarter
Zurich The major Swiss bank Credit Suisse confirmed its loss forecast for the fourth quarter before the shareholders voted on a billion-dollar capital increase. According to information from Wednesday, the…
Huge losses for the central banks
Headquarters of the Swiss National Bank (SNB) in Bern The central bank reported a loss of CHF 142 billion in the first nine months of the year. (Photo: Bloomberg/Getty Images)…
Inflation: why the energy crisis is no longer on everyone’s lips
Inflation rate (white), I index (orange) The I-Index is based on around 2.9 million newspaper articles. The progress over the past five years is shown here. (Photo: dpa, Handelsblatt) On…
Why the energy crisis is no longer on everyone’s lips
Inflation rate (white), I index (orange) The I-Index is based on around 2.9 million newspaper articles. The progress over the past five years is shown here. (Photo: dpa, Handelsblatt) On…
Day of rate hikes – the central banks are getting serious
“It is becoming increasingly likely that a contraction in economic output and a more significant rise in the unemployment rate is exactly what is needed to bring down inflation,” warned…
Swiss central bank increases key interest rate by 0.75 percentage points – and gives up negative interest rates
Swiss central bank For the time being, the SNB is assuming that inflation will be higher. (Photo: dpa) Zurich The Swiss National Bank (SNB) continues to raise its key interest…
The luxury real estate market in Switzerland is still stable
Luxury villas on Lake Geneva Rich people have been drawn to Switzerland for years. (Photo: Imago) They are on Lake Geneva, in Lugano or Lucerne: magnificent villas with palm trees…
Switzerland: The real estate market defies the turnaround in interest rates
Multi-generation house in Oberwinterthur Adequate returns can currently be achieved on the Swiss real estate market. (Photo: picture alliance/KEYSTONE) Zurich Real estate lives up to its reputation as concrete gold…
Swiss central bank: Price stability has absolute priority
Swiss National Bank The inflation rate is currently 3.4 percent in Switzerland. (Photo: dpa) Zurich In contrast to other central banks, the Swiss National Bank is sticking to its existing…
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…