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Currency Switzerland Latest Information
UBS Gaining Market Share In Currency Trading As it is moving towards conducting more flow business on behalf of clients, UBS AG (UBS) is gaining market share in currency trading, Tom Naratil, chief financial officer at Switzerland's largest bank, said Tuesday. China’s Road to Becoming a Reserve Currency In a new Brookings Institution study, economists say China's currency will become an international reserve currency within the next decade, "eroding but not displacing the dollars dominance." Global firms sharpen currency hedging on euro concern DAVOS, Switzerland (Reuters) - International firms are spending more time at the highest levels discussing how to hedge currency risk, particularly euro-denominated earnings and transactions, in readiness for a worst case scenario of a euro zone breakup. Companies are scrutinizing the inbuilt protections in their hedge contracts and robustness of the settlement process if the euro were to ... Switzerland reviews its central bank supervision The Swiss government is asking an outside expert to help determine whether it needs to make changes to how the country's central bank is supervised following the resignation of its chairman. Switzerland to review central bank supervision The Swiss government is to ask an outside expert to help determine whether it needs to make changes to the supervision of the country's central bank following the resignation of its chairman.Philipp Hildebrand ... Swiss central banker a euro crisis Nostradamus? Nearly two decades ago, the man now likely to become the head of Switzerland's central bank foresaw the neighboring euro zone's troubles in a doctoral thesis, saying the likes of Ireland, Italy and Greece ... Switzerland Must Be ‘Vigilant’ on Risks of Franc Limit, FSB Says The Swiss National Bank’s franc limit against the euro may cause the country’s economy to overheat if authorities aren’t vigilant to its effects, according to a report by the Financial Stability Board. Switzerland Must Be ‘Vigilant’ on Risks of Franc Limit to Euro, FSB Says The Swiss National Bank (SNBN) ’s franc limit against the euro may cause the country’s economy to overheat if authorities aren’t vigilant to its effects, according to a report by the Financial Stability Board. SNB Won’t Tolerate Franc Breaching Euro Limit, Jordan Says Swiss central bank interim Chairman Thomas Jordan said the franc remains “very strong” and policy makers can’t allow the currency to appreciate further. |
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