The Swiss National Bank reiterated its support for a reform that could see UBS Group AG forced to maintain as much as $25 billion in extra capital. The Swiss government and regulator Finma are ...
The CHF drifts lower after the SNB’s expected 25 bps rate cut and acts as a tailwind. A modest USD uptick provides an additional boost, though the upside seems limited. The USD/CHF pair reverses ...
The Swiss National Bank (SNB) lowered the benchmark Sight Deposit Rate by 25 basis points (bps) to 0.25% from 0.50%, following its monetary policy assessment for the March quarter on Thursday.
“In that sense, the probability of additional policy easing is naturally lower.” The SNB’s fifth step in the current cycle leaves its rate at the lowest of any managing the world’s 10 most ...
Addressing journalists after the SNB's latest monetary policy decision, Martin was asked whether forcing UBS to fully capitalise its foreign units could make the bank leave Switzerland.
The EUR/CHF exchange rate dropped for three days this week. The Swiss National Bank (SNB) will deliver its interest rate decision on Thursday. Economists expect the SNB to slash interest rates by ...
Devin Booker says Wemby has the best logo in sports... On Wednesday, Booker shared a picture of the Nike Air Zoom GT Hustle 2 "Victor Wembanyama - Alien" colorway to his Instagram story.
"The SNB emphasised that the current capital position of the UBS parent bank is stronger than that of Credit Suisse before the crisis," it said. "Nevertheless, weaknesses in the current capital ...
EXCLUSIVE: After making a few critically-acclaimed romantic dramas, leading Vietnamese filmmaker Victor Vu is returning to the horror genre with Detective Kien: Headless Horror, a big-budget ...
MLB, Topps and Nike have partnered to recognize baseball's elite performers from last season with custom gold-embellished MLB logos on their jerseys that will then be used to create trading cards.
Canadian Imperial Bank of Commerce CEO Victor Dodig will retire at the end of October and hand the top job to Harry Culham, head of the bank’s capital-markets business. Mr. Dodig has been chief ...