Category Archive: 1) SNB and CHF

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Swiss National Bank releases new 200-franc note

2018-08-15

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2018-08-15

Fourth banknote in latest series showcases Switzerland’s scientific expertise. The Swiss National Bank (SNB) will begin issuing the new 200-franc note on 22 August 2018. Following the 50, 20 and 10-franc notes, this is the fourth of six denominations in the new banknote series to be released. The current eighth-series banknotes will remain legal tender until further notice.

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The Swiss National Bank Now Owns $87.5 Billion In US Stocks After Q2 Tech Buying Spree

2018-08-10

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2018-08-10

SNB US Stock Holdings, Jun 2014 - 2018
In the second quarter of 2018, one in which the global economy was shaken by the rapid escalation of Trump's trade war, and in which central banks were one after another hinting at their own QE tapering and rate hiking intentions to follow in the Fed's footsteps, what was really taking place was another central bank buying spree meant to boost confidence that things are now back to normal, using "money" that was freshly printed out of thin air, and...

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SNB reports a profit of CHF 5.1 billion for the first half of 2018

2018-07-31

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2018-07-31

Income statement, 1 January–30 June 2018
The Swiss National Bank (SNB) reports a profit of CHF 5.1 billion for the first half of 2018. A valuation loss of CHF 0.9 billion was recorded on gold holdings. The profit on foreign currency positions amounted to CHF 5.2 billion. The profit on Swiss franc positions was CHF 1.0 billion.

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Swiss franc’s defensive features likely to come back into fashion

2018-07-20

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2018-07-20

Purchasing power parity vs. REER deviation from long - term average
Despite heightened trade tensions, the Swiss franc has been relatively weak against the US dollar of late. The defensive features of the franc seem to be outweighed by an unsupportive interest rate differential. But the continuing threat of escalation in trade disputes and extreme short speculative positioning on the franc mean the latter has upside potential.

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Federal Council appoints Martin Schlegel as new Alternate Member of the SNB Governing Board

2018-07-06

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2018-07-06

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. He will take up the position of Deputy Head of Department I as of 1 September.

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Ueli Maurer gegen Thomas Jordan

2018-07-05

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Finanzminister Ueli Maurer hat völlig überraschend den Notenbank-Chef in die Pflicht genommen. Der solle sofort aufhören, weiter Euro zu kaufen und so die Bilanz seiner SNB immer noch mehr aufzublähen. Laut Bankenprofessor Hans Geiger könnte Maurer damit bezwecken, Jordan auf den Pfad der Tugend zurückzuführen – ohne Hunderte von Milliarden in Euro und Dollar. Die …

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Ueli Maurer hat recht: Der Erste, der einsieht, dass die SNB sich hoffnungslos verrannt hat

2018-07-05

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2018-07-05

„An der Grenze des Erträglichen“ – so beurteilt Bundesrat und Finanzminister Ueli Maurer die Bilanz der Schweizerischen Nationalbank (SNB). Als ehemaliger Präsident des Zürcher Bauernverbandes ist Maurer zu einer Milchbüchlein-Rechnung fähig. Als Inhaber des eidgenössischen Buchhalter-Diplomes kann er auch eine Bilanz beurteilen.

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Mediengespräch – Conférence de presse – News conference – Conferenza stampa, 21.06.2018

2018-07-02

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Mediengespräch - Conférence de presse - News conference - Conferenza stampa, 21.06.2018 00:00 Einleitende Bemerkungen von Thomas Jordan, Präsident des Direktoriums der Schweizerischen Nationalbank - Remarques introductives de Thomas Jordan, président de la Direction générale de la Banque nationale suisse - Introductory remarks by Thomas Jordan, Chairman of the Governing Board of the Swiss National Bank - Osservazioni introduttive di Thomas Jordan,...

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Mediengespräch – Conférence de presse – News conference – Conferenza stampa, 21.06.2018

2018-07-02

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Mediengespräch – Conférence de presse – News conference – Conferenza stampa, 21.06.2018 00:00 Einleitende Bemerkungen von Thomas Jordan, Präsident des Direktoriums der Schweizerischen Nationalbank – Remarques introductives de Thomas Jordan, président de la Direction générale de la Banque nationale suisse – Introductory remarks by Thomas Jordan, Chairman of the Governing Board of the Swiss National …

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Banks in Switzerland 2017, Results from the Swiss National Bank’s data collection

2018-06-28

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2018-06-28

Overview 2017
Summary of the 2017 banking year. Of the 253 banks in Switzerland, 229 recorded a profit in 2017, posting a total profit of CHF 10.3 billion. The remaining 24 institutions recorded an aggregate loss of CHF 0.5 billion. The result of the period for all banks was CHF 9.8 billion. The aggregate balance sheet total rose by 4.8% to CHF 3,249.4 billion.

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Buying more time

2018-06-27

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2018-06-27

Swiss Headline Inflation and SNB Inflation Forecasts, 2000 - 2018
At its quarterly monetary policy assessment last week, the Swiss National Bank (SNB) kept unchanged the target range for the three-month Libor at between -1.25% and -0.25% and the interest rate on sight deposits at a record low of -0.75%. The SNB reiterated its willingness to intervene in the foreign exchange market if needed.

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Swiss residential property risks growing in buy to let, according to Swiss National Bank

2018-06-22

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2018-06-22

On 21 June 2018, the Swiss National Bank (SNB) announced its decision on interest rates, which it left unchanged. Switzerland’s economy has been sailing into the headwinds of a strong currency since the SNB scrapped its exchange rate cap in January 2015 and the Swiss franc briefly went beyond parity with the euro.

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22.06.18 | INSIDE PARADEPLATZ | LUKAS HÄSSIG | DON PIERIN UND DIE FINMA

2018-06-22

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Homepage: http://www.startv.ch Facebook: https://www.facebook.com/StarTVswitzerland Twitter: https://twitter.com/startvch Instagram: https://www.instagram.com/startv_schweiz Youtube: https://www.youtube.com/user/startv Vimeo: https://vimeo.com/startvswitzerland Google+: http://tinyurl.com/StarTV-Schweiz

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Don Pierin und die Finma

2018-06-21

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Die Aufsicht hätte längst die Privatgeschäfte des Ex-Raiffeisen-Chefs unter die Lupe nehmen können. Stattdessen blieb sie lange still. Ihr jetzt erschienener Bericht ist nur dem Schein nach hart. Tatsächlich half die Finma beim Verschweigen der Affäre.

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SNB Monetary Assessment June 2018, Introduction

2018-06-21

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2018-06-21

Implied Financial Market Volatility 2017-2018
I will begin my remarks with an overview of the situation on the financial markets, before giving an update on the status of the reforms regarding reference interest rates. And in closing I would like to say a few words about our branch office in Singapore, which is celebrating its fifth anniversary. Situation on the financial markets Let me start with the developments on the financial markets.

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Introductory remarks by Fritz Zurbrügg

2018-06-21

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2018-06-21

Fritz Zurbrugg
In my remarks today, I will present the key findings from this year’s Financial Stability Report, published by the Swiss National Bank this morning. In the first part of my speech, I will talk about the big banks, before going on, in the second part, to outline our current assessment of the situation at domestically focused banks.

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Thomas Jordan: Introductory remarks, news conference

2018-06-21

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2018-06-21

Thomas Jordan
It is a pleasure for me to welcome you to the Swiss National Bank’s news conference. I will begin by explaining our monetary policy decision and our assessment of the economic situation. I would also like to briefly touch on the rejection of the sovereign money initiative by the people and the cantons as well as a publication marking the tenth anniversary of the SNB’s educational programme, Iconomix.

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Differenza tra Security vs utility vs payment tokens, come fare ico in svizzera (finma guidelines)

2018-06-19

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Videocorsi — https://filippoangeloni.com/academy/ Diamo un occhiata alla classificazione dei vari tokens ed alle loro differenze: payment tokens utility tokens security tokens e alle varie linee guida su come fare un ico in Svizzera. vuoi fare un ICO, ma non sai come fare? contattami su [email protected] Utility vs security token, e normativa su come fare un …

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FT expertise in FT | IE Corporate Learning Alliance programmes: Izabella Kaminska

2018-06-18

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In a volatile world, business leaders need a deeper understanding of the issues behind the headlines. You’re looking for answers to complex questions on the major topics of the day that are having an impact on your business. Financial Times journalists have the knowledge, clear thinking and insights to help you develop better leaders. In …

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Finma-Sprecher: “Mängel bei Raiffeisen waren echt gravierend”

2018-06-14

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Für die Finanzmarktaufsicht (Finma) ist klar: die Mängel bei der Corporate Governance der Raiffeisen-Gruppe waren “echt gravierend”. “Sie betreffen das weitausladende Beteiligungsgeflecht der Gruppe”, erklärt Finma-Mediensprecher Tobias Lux im Interview mit AWP Video am Donnerstag in Bern. Somit stellen die Aufseher dem Raiffeisen-Verwaltungsrat ein miserables Zeugnis aus – und dies nur einen Tag, nachdem der …...

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