Swiss National Bank cuts interest rates by 50 basis pointsThe Swiss National Bank (SNB) surprised markets with a 50 basis point interest rate cut, its largest in nearly a decade, aiming to preempt ...
12 Dec, 2024, 02.50 PM IST
Haryana government gives approval to regional rapid transit system projectsThe Haryana Government has given approval to Delhi-SNB and Delhi-Panipat rapid transit system (RRTS) projects. The sanction of these projec...
15 May, 2023, 10.32 PM IST
Credit Suisse pays back some emergency liquidity, central bank data suggestsSight deposits - cash held by commercial banks overnight with the SNB - fell by 31 billion Swiss francs ($34.3 billion)last week, data publ...
11 Apr, 2023, 04.23 PM IST
Saudi National Bank chair resigns in wake of Credit Suisse lossAmmar Al Khudairy said on March 15 that the biggest Saudi bank by assets could not buy more shares in Credit Suisse on regulatory grounds.
28 Mar, 2023, 01.31 AM IST
UBS, Credit Suisse tie-up may not lead to Swiss blissThe Swiss National Bank, which played matchmaker in Sunday's takeover of Credit Suisse, said the creation of one giant bank in Switzerland ...
23 Mar, 2023, 09.43 PM IST
SNB to follow ECB and hike policy rate by 50 bps on March 23:: PollAlthough there was no consensus around the peak rate, a clear majority of economists, 13 of 21, expected one more rate hike in June of at l...
21 Mar, 2023, 03.43 PM IST
Swiss National Bank cuts overnight deposits by 30 billion francsAs the Swiss franc weakened last week, it was also possible the SNB had been selling some of its foreign currencies to maintain its value, ...
10 Oct, 2022, 04.46 PM IST
MoHUA to seek Cabinet nod for Delhi-SNB-Alwar RRTS in month's timeOfficials aware of the developments said that the second RRTS corridor will also be executed by the National Capital Region Transport Corpo...
10 May, 2022, 01.48 PM IST
Archegos fallout shows big banks need to be resilient, Swiss central bank says"This incident demonstrates that banks are exposed to significant risks that are not necessarily related to macroeconomic or system-wide fi...
17 Jun, 2021, 10.19 PM IST
Saudi National Bank posts 20% rise in quarterly profitSNB reported a net profit of 3.4 billion riyals ($907 million) for the quarter that ended on March 31, up from 2.8 billion riyals in the sa...
26 Apr, 2021, 12.22 PM IST
How will Swiss National Bank address its trillion-dollar problem?Some of the franc weakness can be traced to recovery bets, but it comes at a time when Swiss bond yields are trading unusually above their ...
21 Mar, 2021, 02.51 PM IST
SNB says its data include total deposits of Indian customers: Swiss moneySNB said the figures that showed an increase of 50 per cent in Indians' money in Swiss banks "are for total deposits of Indian customers at...
24 Jul, 2018, 09.37 PM IST
Other central banks set to act, but Swiss policy cupboard bareSNB still describes the currency as "significantly overvalued" and the problem may worsen if the ECB eases policy further.
25 Nov, 2015, 05.09 PM IST
Swiss National Bank hikes exposure to Indian companies like Infosys, Tata MotorsSNB has also retained its investments in four other Indian companies namely ICICI Bank, Dr Reddy's Labs, Vedanta Limited and Wipro.
09 Aug, 2015, 03.45 PM IST
- Swiss Central Bank cuts rate to curb Franc's gains
The Swiss central bank unexpectedly cut interest rates and said it will increase the supply of francs to money markets to curb the "massive...
04 Aug, 2011, 05.27 AM IST
- SNB says fund with toxic UBS assets lost $1.7 bn
Swiss National Bank said on Wednesday that the fund with toxic UBS assets lost nearly $1.7 billion by the end of 2008.
04 Mar, 2009, 12.34 PM IST
- UPDATE 1-SNB offers cheaper funds to bring LIBOR down
The Swiss National Bank lowered the costs for one-week funding sharply in its daily repo operation on Thursday as it tries to bring back th...
24 Apr, 2008, 02.03 PM IST