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Swiss National Bank bought forex worth 1.2 billion francs in 2024($1 = 0.8814 Swiss francs) (Reporting by John Revill, Editing by Friederike Heine) FILE PHOTO: The headquarters of the Swiss National Bank (SNB) is seen in Bern, Switzerland, January 29, 2025.
Before the deal was announced, Helvetia had a market capitalisation of 9.6 billion Swiss francs, while Baloise was valued at around 8.5 billion francs. The exchange ratio will be 1.0119 new ...
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