Swiss National Bank (SNB)
SNB’s Jordan defends decision not to activate capital buffer
Thomas Jordan explains the choice not to activate counter-cyclical capital buffer; nevertheless says this is ‘far from an all-clear’ as the risk of further imbalances persists
SNB reveals scale of latest foreign exchange purchases
Swiss National Bank posts large increase in foreign exchange holdings from June to July; purchases represent efforts by central bank to prevent safe-haven flows into country
Swiss National Bank posts profit in first half of year
Latest figures show central bank made a profit in first half of the year; majority of gains come from holdings of foreign currency purchased to maintain minimum exchange rate against euro
SNB paper links low interest rates and housing bubbles
Swiss National Bank working paper finds strong relationship between low short-term rates and housing bubbles; argues house prices can be controlled by following ‘Taylor rule’
SNB paper evaluates central bank communication strategies
Swiss National Bank working paper examines two communication strategies designed to reduce market overreaction to announcements
Poland finalises Swiss currency swap agreement to protect banking sector
National Bank of Poland signs 'precautionary' currency swap deal with Swiss National Bank; in place to deal with liquidity pressures surrounding financing in Swiss francs
SNB reports on countercyclical capital buffer implementation
Swiss National bank report clarifies the central bank’s role in the implementation of a new countercyclical capital buffer in line with Basel III
SNB’s Jordan rules out sovereign wealth fund creation
Thomas Jordan reaffirms commitment to currency peg; blasts idea of establishing a sovereign wealth fund with the SNB’s foreign currency holdings
Hildebrand settles at BlackRock
Former Swiss National Bank governor takes job as vice-chairman at BlackRock; joins in October to advise the firm’s largest institutional clients in the EMEA and Asia-Pacific regions
Swiss central bank board member explains unique situation
Jean-Pierre Danthine examines SNB’s unusual monetary policy situation; says impact of unconventional measures should not be overestimated
SNB’s Jordan extols virtues of central bank co-operation
Thomas Jordan explains need for central banks to work together, especially in times of crisis; says foreign central banks accept minimum exchange rate is "justified"
IMF report backs 'appropriate' Swiss currency floor
IMF supports Swiss National Bank currency floor policy; says floor is “appropriate" and discusses relative success to date
SNB’s Jordan defends exchange rate intervention
Swiss central bank chief Thomas Jordan says minimum exchange rate policy for euro proving effective; adds that despite the 'floor' the Swiss franc remains "overvalued"
Kashya Hildebrand cleared over currency trading debacle
Auditors find no breach of regulations by former Swiss National Bank governor's wife; formal investigation launched after Philipp Hildebrand resigned
SNB research examines spillover risk in international equity portfolios
Swiss National Bank study finds sector and currency risk attributable for majority of spillover risk in international equity portfolios
SNB unveils new governing board
Swiss National Bank confirms Thomas Jordan as chairman of the governing board; plans for stricter rules governing private financial transactions by SNB staff are also revealed
Currency floor breach raises questions over SNB policy
The Swiss National Bank should consider enlisting the help of top-tier banks to keep EUR/CHF above 1.20, forex traders suggest
SNB’s Jordan describes task of maintaining franc exchange limit
Thomas Jordan sets out how the Swiss National Bank has been fighting to keep the franc-to-euro exchange limit in place; explains slight slip-up last week allowing some trades to happen at lower rate
SNB set to keep rates low and maintain floor
Accommodative monetary policy likely to continue as growth slows in Switzerland; international climate and strength of currency continue to worry Swiss National Bank, according to annual report
SNB official claims minimum exchange rate improves quality of market
Policy of pegging value of Swiss franc relative to the euro has seen the exchange rate market improve substantially says central banker
Hildebrand joins Oxford University
Former Swiss central bank chief takes advisory role at Blavatnik School Of Government
SNB commits to controversial exchange rate policy
Swiss national bank pledges to protect minimum exchange rate against the euro; says currency value is 'still high'
SNB issues own-account rules; Danthine trades attacked
Swiss National Bank issues new rules on private financial transactions conducted by top management; Jean-Pierre Danthine attacked for forex trades done in May 2010
SNB spent $19.6 billion maintaining minimum exchange rate
SNB purchased foreign currency to a value of $19.6 billion in 2011; central bank also reveals larger than expected profit