Swiss National Bank governor says Swiss recession in 2009 “unavoidable”
GenevaLunch News Zurich, Switzerland (GenevaLunch) - Thomas Jordan, a member of the governing board of the Swiss National Bank (SNB), said Thursday in a speech Thursday that Switzerland cannot avoid a...
View ArticleHildebrand takes on top job at Swiss central bank
GenevaLunch News Zurich, Switzerland (GenevaLunch) – Philipp Hildrebrand, age 46, 8 April was named chairman of the Governing Board of the Swiss National Bank (SNB), effective 2010, taking charge at...
View ArticleSwiss central bank after Hildebrand: continuity is the word, Hildebrand’s...
GenevaLunch News TSR Wednesday evening ran an interview with Kashya Hildebrand from Italian TV, where she apologized to Switzerland and her husband BERN / ZURICH, SWITZERLAND – Swiss political and...
View ArticleNew central bank head forceful on maintaining franc cap
GenevaLunch News ZURICH, SWITZERLAND – The Swiss central bank does not see any risk of inflation for Switzerland in coming months, nor any need to reduce the level of liquidity. However, distortions in...
View ArticleSwiss central bank to maintain interest rates, CHF1.20/euro cap
GenevaLunch News Swiss National Bank says its policy is paying off, expects 1% growth as economy stabilizes ZURICH, SWITZERLAND – The Swiss National Bank Thursday 15 March issued a relatively...
View ArticleSwiss central bank tightens staff rules, selects new chairman
GenevaLunch News New chairman not yet named, but expected Wednesday morning ZURICH, SWITZERLAND – The Swiss National Bank governors meeting in Zurich Wednesday 18 April are expected to name a new...
View ArticleSwiss franc cap to remain, low interest rates to continue holding pattern...
GenevaLunch News Big bank shares fall on Jordan’s call for more capital ZURICH, SWITZERLAND – The Swiss franc cap of CHF1.20 to the euro will remain and the central bank will continue “to enforce it...
View ArticleG-20 invites Switzerland to finance meetings for first time
GenevaLunch News BERN, SWITZERLAND – The G20 nations, the world’s most important industrialized and developing economies, will be joined by Switzerland for four meetings in 2013 of finance ministers...
View ArticleSwiss National Bank will maintain franc against euro risks
GenevaLunch News GENEVA, SWITZERLAND – The Swiss National Bank vowed Thursday 15 March to maintain the franc’s exchange rate against the euro, saying that the appreciation of the national currency...
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