Latest Swiss National Bank News

SNB to open Singapore branch to support FX activity
The SNB's FX reserves have increased substantially since 2009 and it has turned to new markets to ensure a broad diversification in its investments. In response to the growth of Asia's economic importance in recent years, the central bank expanded its …
Read more on FX Week (subscription)

Central Banks are Taking Turns Killing Their Own Currencies
The Swiss National Bank (SNB) has also drunk the “QE” Kool-Aid. The Swiss franc was always the gold standard of currencies. From a base of $ 0.23 in 1971, the Swiss franc rose to $ 1.30 in 2011, but the strong Swiss franc was killing Switzerland's economy.

SNB's Zurbruegg Is Concerned About Swiss Property Market
The SNB's decision to impose a ceiling on the franc in September 2011 as demand for the currency surged has made the Swiss property market more attractive for foreign investors seeking a haven for their money. The UBS Real Estate Bubble Index entered …
Read more on Bloomberg

Tags: , , , ,

Comments are closed.

CIGI Experts Outline Prescriptions for Cannes Summit and Beyond in Special Report on G20 Issues

Waterloo, Ont. (PRWEB) October 20, 2011 With a possible euro zone collapse and Greek insolvency likely to dominate the upcoming [...]

Pathways Home Health and Hospice Satu Johal Receives CFO of Year of the Year Award; Silicon Valley Business Journal Honoree

Sunnyvale, California (PRWEB) December 02, 2011 Satu Johal, CFO at Pathways Home Health & Hospice, received the Silicon Valley Business [...]

Latest Financial Regulation News

Working Together Towards Better Financial Regulation and Stability in Asia Image by Asian Development Bank Tellers attend to clients in [...]

European financial regulation – 4 questions to Olivier Garnier (Societe Generale)

Olivier Garnier, Chief economist at Societe Generale Group, expresses his view on European financial regulation and its reform. Video interview [...]

AMS Health Care Mortgage Corporation Provides Debt Service Savings to Hospitals Utilizing FHA 242 Mortgage Insurance Program

Jacksonville, FL (PRWEB) August 30, 2013 An oft-overlook and relatively unknown federal program for hospitals seeking capital for needed and [...]

Vermont’s Captive Insurance Industry Off to Best Start Since 2005

Montpelier, VT (PRWEB) April 16, 2012 First quarter licensure of new captive insurance companies is off to a strong start [...]