Switzerland
SNB signs MoU on membership to Bank Council
Federal Department of Finance and the Swiss National Bank sign Memorandum of Understanding on criteria for appointments to central bank’s governing body
Swiss economy offsets last year’s losses: SNB report
Swiss National Bank 2010 Accountability Report says Swiss economy recovered losses from 2009
SNB to close Geneva office as cash distribution services are outsourced
Swiss National Bank says Geneva office will close next year as cash distribution services to be carried out by private firms; fifteen staff affected by closure
Dallas Fed paper on SNB crisis measures
Dallas Federal Reserve case study on success of Swiss National Bank liquidity provisions to foreign banks
UBS investment chief claims Swiss capital ratios too high, won’t hold
Chief executive of UBS’s investment bank Carsten Kengeter suggests 19% capital requirement may be watered down; says rules will “always be broken”
SNB’s Jordan: Switzerland can overcome economic challenges
Swiss National Bank governing board vice-chairman Thomas Jordan says Switzerland can master challenges brought on from economic crisis
Swiss authorities ink deal on crisis collaboration
Swiss National Bank, finance ministry and regulator sign memorandum on supervisory cooperation
SNB expects $21.7 billion loss for 2010
Swiss National Bank says loss relates to foreign currency positions; says loss highlights need for independent central banks to have capital cushion
SNB’s Hildebrand on Swiss exports market
Swiss National Bank governing board chairman Philipp Hildebrand says Switzerland’s export market is picking up despite stronger swiss franc
SNB records $8.7 billion loss on Swiss franc gains
Swiss National Bank reports loss of Sfr8.46 billion for first three quarters of the year after Swiss franc appreciated against major currencies
SNB: immigrants reduce seigniorage
Swiss National Bank study shows increase in immigration reduces seigniorage for banknotes
SNB: rich nation imports deskill developing economies
Swiss National Bank says trade with richer nation depresses relative wage of skilled workers in less developed countries
SNB council member to step down next April
Swiss National Bank’s Armin Jans to resign from Bank Council after 12 years in role
ECB announces baseline T2S price of €0.15
Settlement platform’s Programme Board proposes to fix fee for settlement until 2018; price not dependent on UK volumes, says ECB
Swiss to make UBS and Credit Suisse pay for systemic status
Swiss commission proposal beefs up Basel III for Credit Suisse and UBS with 19% capital requirement and other measures to tackle 'too big to fail' problem
Swiss National Bank upbeat about recovery
Swiss National Bank revises 2010 growth forecast upwards after revival in manufacturing; says recovery likely to slow in 2011
SNB appoints new media spokesman
Swiss National Bank names broadsheet economics deputy editor Walter Meier as new media spokesman; Meier to start in early 2011
Former HKMA head Yam set to join UBS board
Swiss investment bank UBS nominates HKMA former chief executive Joseph Yam as candidate to its board of directors.
SNB: Quarterly Bulletin – June 2010
Swiss National Bank estimates export driven growth of 2% in 2010, despite renewed tensions in Europe
Swiss banks return to profit: SNB
Swiss National Bank report finds banks in Switzerland recorded moderate profits last year following heavy losses in 2008
SNB records $1.3bn profit for first quarter
The Swiss National Bank’s has reported a quarterly net profit of Sfr1.5 billion for the first three months of the year
SNB’s Hildebrand: too-big-to fail could wipe out country
Swiss National Bank chairman Philipp Hildebrand calls for hasty resolution to too-big-to-fail in Switzerland
SNB tackles too-big-to-fail
Report by the Swiss National Bank suggests countries biggest banks will need to downsize
Top-level Swiss committee to fix "too big to fail"
Liquidity and "too big to fail" will dominate agenda for Steering Committee bridging central bank and regulator’s boards, says FINMA’s Zuberbühler