Switzerland
Switzerland's Jordan: too-big-to-fail a priority
The solution of the too-big-to-fail problem is the main task for Swiss financial regulators, said Thomas Jordan, a member of the country's central bank's governing board.
SNB's Hildebrand wants global bankruptcy code
Philipp Hildebrand, a member of the Swiss National Bank's governing board who will take the helm next year, has called for global insolvency standards as a means to handle the too-big-to-fail and too-big-to-save problems.
Swiss economy to take 3% hit - SNB's Roth
Jean-Pierre Roth, chairman of the Swiss National Bank, has said that GDP this year is expected to contract by 3%, suggesting a less severe recession than in Germany or the United Kingdom.
Crisis revealed SNB rate policy strength: Roth
The Swiss National Bank's (SNB) unique monetary policy proved useful in staving off a worsening of credit conditions in the wake of the financial crisis, Jean-Pierre Roth, the chairman of the central bank's governing board, has said.
Crisis undermines our models: new SNB official
Jean-Pierre Danthine, an academic who is set to join the Swiss National Bank's (SNB) board in 2010, has said that the crisis demands a fundamental rethink of the economic models used by central bankers.
Hildebrand named new Swiss National Bank head
Philipp Hildebrand, the vice-chairman of the board of governors at the Swiss National Bank, will take over from Jean-Pierre Roth as chairman of the board at the start of next year.
SNB's Hildebrand: crisis demands overreaction
The risks associated with doing too little are far greater than those of doing too much, Philipp Hildebrand, the vice-chairman of the Swiss National Bank, has warned.
Swiss National Bank - Annual Report 2008
The Swiss National Bank's balance sheet substantially lengthened in 2008, notes the central bank's latest Annual Report.
Switzerland's Jordan counters currency critics
The Swiss National Bank's foreign-currency measures should not be misinterpreted as a 'beggar-thy-neighbour' policy, said Thomas Jordan, a member of the central bank's governing board.
Switzerland to intervene to halt franc's gain
The Swiss National Bank pledged to curb the appreciation of the Swiss franc against the euro on Thursday and said that there was a risk of deflation over the next three years.
Swiss central bank books $4 billion loss
The Swiss National Bank was Sfr4.7 billion ($4 billion) in the red for 2008, it emerged on Wednesday.
SNB's Roth to step down
Jean-Pierre Roth, the head of the Swiss National Bank, will retire at the end of this year.
Swiss's Hildebrand - bring on tough regulation
The Swiss National Bank would give unconditional support to more stringent regulation, said Philipp Hildebrand, the vice-chairman of the central bank.
SNB offers dollar-denominated bills for UBS loan
The Swiss National Bank (SNB) announced on Monday that it will issue its own bills denominated in dollars.
The risks are justified: SNB's Hildebrand
The current crisis is the most complex and the most serious of the post-war period, and demands unconventional action from the Swiss authorities, said Philipp Hildebrand, a member of the governing board at the Swiss National Bank (SNB).
SNB's Jordan: recession unavoidable
A recession appears unavoidable for the Swiss economy in 2009, said Thomas Jordan, a member of the governing board of the Swiss National Bank.
Hildebrand calls for restrictions on leverage
Philipp Hildebrand, the vice-chairman of the Swiss National Bank (SNB), said excess leverage was the main cause of financial fragility and the current global banking crisis, and called for restrictions on leverage ratios.
Swiss cut rates on gloomy growth forecast
The Swiss National Bank (SNB) has cut its benchmark target range by a further half a point and said that it expects the economy to contract by up to 1% next year.
Swiss shock with 100 basis-point cut
The Swiss National Bank (SNB) surprised markets on Thursday by slashing its rate-target band by a full percentage point on signs of a sharp slowdown.
SNB and Poland arrange currency swap
The Swiss National Bank and the National Bank of Poland on Friday agreed a currency swap facility to compensate for a lack of Swiss franc liquidity.
ECB, SNB cut by 50 basis points
The European Central Bank (ECB) on Thursday lopped a quarter point off its key rate and indicated further cuts were likely. The Swiss National Bank (SNB) also cut the upper and lower bounds by the same margin.
Qatar takes stake in Credit Suisse
The Qatar Investment Authority, a sovereign wealth fund, has bought a stake in Credit Suisse, Switzerland's second-largest bank.
Swiss step in to save biggest bank
The Swiss National Bank on Thursday agreed to buy up to $54 billion in troubled assets from UBS, after the country's government moved to re-capitalise the beleaguered bank.
SNB's Hildebrand and Italy's Saccomanni on crisis
The crisis has shown central bankers and regulators rightly predicted that highly-leveraged institutions presented a threat to stability. But officials' attentions were directed at the wrong type of institution, admitted Philipp Hildebrand, a governor of…