Category Archive: 1) SNB and CHF

Filter archive by: Show All Show only Articles Show only Videos

SNB Results Q2/2022: 95 Billion Loss, Close to my Predictions

2022-07-29

by

2022-07-29

Income statement, 1 January–30 June 2022
I was predicting for many years that the SNB will suffer a big loss when inflation comes. The time of reckoning has come. I expected some 150 billion loss in one year: at half time we are 95 billion CHF.

Read More »

Swiss National Bank reports massive losses

2022-07-29

by

2022-07-29

The Swiss National Bank (SNB) has taken a hit of CHF95.2 billion ($100 billion) for the first half of this year, mainly owing to losses on foreign currency positions.

Read More »

The SNB’s Financial Result, Currency Reserves, and Distribution Reserve

2022-07-27

by

2022-07-27

How are SNB profits and losses distributed and what issues are debated? Annual Result Funds two “Reserves” The annual result (Jahresergebnis) of the Swiss National Bank (SNB) is split into two parts.

Read More »

Major Swiss private bank to scrap negative interest charges

2022-07-22

by

2022-07-22

Wealth manager Julius Bär has joined a growing list of Swiss banks that will no longer pass on the cost of negative interest rates to clients.

Read More »

Inflation ‘back with a vengeance’ in Switzerland

2022-07-05

by

2022-07-05

The price of household goods for Swiss consumers rose 3.4% in June compared to the same month last year, led by the surging cost of fuel and heating oil. “Inflation, which has de facto been absent for more than a decade, is back with a vengeance,” said economic forecast group BAK Economics.

Read More »

Persönliche Finanzen  – Wie betreffen die steigenden Hypothekarzinsen die Vorsorge? 

2022-07-04

by

2022-07-04

Die Finanzierung von Wohneigentum und das Sparen fürs Alter sind Bestandteile der Finanzplanung. Manche Sparerinnen und Sparer verknüpfen Hypotheken mit Vorsorgeprodukten. Was hier bei steigenden Zinsen zu beachten ist.  Angetrieben durch die Inflation respektive deren Folge, der Geldpolitik der Notenbanken, sind die Hypothekarzinsen in der Schweiz 2022 deutlich gestiegen.

Read More »

Swiss franc worth more than the euro

2022-07-01

by

2022-07-01

This week, the Swiss franc rose to beyond parity with the euro as traders sought safe haven assets as concerns about risks to global growth grew.

Read More »

Foreign currencies going off Swiss central bank menu

2022-06-30

by

2022-06-30

Switzerland’s central bank is buying lower volumes of foreign currencies to support the franc as it balances the needs of exporters with the rising cost of goods.

Read More »

Business cycle signals: SNB regional network

2022-06-26

by

2022-06-26

Report submitted to the Governing Board of the Swiss National Bank for its quarterly monetary policy assessment. The appraisals presented here are based on discussions between the SNB’s delegates for regional economic relations and company managers throughout Switzerland.

Read More »

Quarterly Bulletin 2/2022

2022-06-25

by

2022-06-25

Report for the attention of the Governing Board of the Swiss National Bank for its quarterly assessment of June 2022. The report describes economic and monetary developments in Switzerland and explains the inflation forecast.

Read More »

Confederation and SNB facilitate exchange of Ukrainian currency at Swiss commercial banks

2022-06-24

by

2022-06-24

Together with the Federal Department of Finance (FDF) and Swiss commercial banks, the SNB has developed a solution to enable individuals with protection status S to exchange Ukrainian banknotes for Swiss francs up to a limited amount.

Read More »

SNB-Entscheid treibt Hypozinsen auf Zehnjahreshoch

2022-06-23

by

2022-06-23

Hypotheken sind bereits massiv teurer geworden. (Bild: Shutterstock.com/Michael Dechev)Die Inflation und die Leitzins-Erhöhung durch die Schweizerische Nationalbank (SNB) am 16. Juni 2022 (investrends.ch berichtete) haben Auswirkungen auf den Hypothekarmarkt.

Read More »

Personalbestand in der Bankbranche nimmt zu

2022-06-23

by

2022-06-23

Der Anteil der weiblichen Beschäftigten in der Schweizer Bankbranche bleibt mit knapp 38% im Vergleich zum Vojahr unverändert. (Bild: Shutterstock.com/Fizkes)Wie die am Donnerstag veröffentlichte Publikation "Die Banken in der Schweiz" der Schweizerischen Nationalbank (SNB) zeigt, stieg der Personalbestand bei den Banken in der Schweiz um 619 Beschäftigte in Vollzeitäquivalenten auf 90'577 (+0.7%; 2020: 89'958).

Read More »

ZKB-Ökonomen senken Konjunkturprognose für die Schweiz

2022-06-22

by

2022-06-22

Neu wird für 2022 mit einem Wachstum des Bruttoinlandprodukts (BIP) von 2,7 Prozent nach bisher 3,0 Prozent gerechnet und für 2023 mit einem solchen von 1,5 Prozent nach 1,7 Prozent, wie aus einer am Dienstag veröffentlichten Publikation hervorgeht.

Read More »

SNB hebt Leitzinsen um 0,5 Prozentpunkte an

2022-06-21

by

2022-06-21

Die Schweizerische Nationalbank (SNB) hebt etwas überraschend den Leitzins deutlich an. Das letzte Mal hat sie das vor 15 Jahren getan, zu Beginn der Finanzkrise im September 2007.

Read More »

Immobilien – Remax-Schweiz-Chef Jöhl : «Die Zinserhöhung wird den Markt für privates Wohneigentum nicht in Schieflage bringen»

2022-06-20

by

2022-06-20

Wie werden sich die Preise für Schweizer Wohneigentum entwickeln, nachdem die Schweizerische Nationalbank (SNB) am Donnerstag die Zinsen erhöhte?

Read More »

Personalbestand in der Bankbranche nimmt weiter zu

2022-06-17

by

2022-06-17

Die Zahl der bei Banken in der Schweiz beschäftigten Mitarbeitenden stieg im vergangenen Jahr gemäss der Bankenstatistik der SNB um 0,7 Prozent auf 90'577. Trotz anspruchsvollem Umfeld und der Pandemie-Situation ist das zum zweiten Mal in Folge ein leichter Anstieg.

Read More »

Annual banking statistics for 2021

2022-06-17

by

2022-06-17

The Swiss National Bank has today published data on the annual financial statements of banks in Switzerland for the 2021 financial year. For the first time, the published data also comprises bank office data (Domestic office perspective) in addition to the data from individual financial statements (Parent company perspective) and consolidated financial statements (Group perspective).

Read More »

Fritz Zurbrügg: Introductory remarks, news conference

2022-06-16

by

2022-06-16

Fritz Zurbrugg
In my remarks today, I will present the key findings from the new Financial Stability Report, published this morning by the Swiss National Bank.

Read More »

Тhomas Jordan: Introductory remarks, news conference

2022-06-16

by

2022-06-16

It is my pleasure to welcome you to the Swiss National Bank’s news conference. In my remarks, I will begin by explaining our monetary policy decision and our assessment of the economic situation. After that, Fritz Zurbrügg will present the key messages from this year’s Financial Stability Report. Andréa Maechler will then comment on the situation on the financial markets and the implementation of monetary policy. We will – as ever – be pleased to...

Read More »