Switzerland
SNB governor condemns 'sovereign money initiative'
Thomas Jordan calls on voters to reject proposal for new credit system
Andreas Dombret on ECB policy, deposit insurance and Basel III
Deutsche Bundesbank board member shares German view on European monetary and banking union
SNB loses $6.9 billion in Q1
Higher interest rates reduced the value of sovereign bonds
Book notes: The paradox of vulnerability, by John Campbell and John Hall
Quality of national institutions vital to handling financial crises, say authors
SNB rejects idea of retail central bank digital currency
Governing board member Andrea Maechler warns of “incalculable risks”
Language shapes monetary policy preferences in Switzerland – research
Culture partly outweighs shared institutions and economic history in setting priorities
SNB achieved record profits in 2017
Acquisitions of euros and dollars via foreign exchange interventions yielded 91% of the gains; SNB reshapes portfolio with greater share of equities and riskier bonds
SNB struggles to end ultra-loose policy regime
Swiss central bank’s hopes of normalising policy are being held back by various domestic and foreign factors
People: South Korea’s Juyeol Lee nominated for new term
Appointments in South Korea and Vietnam, and a resignation in Switzerland
Davos experts weigh risks of future crisis
High debt levels, a rise in real interest rates and China are on the agenda for the panel
SNB expects record profits for 2017
Swiss central bank benefits from high asset prices and a weaker franc
SNB buys banknote company ‘to ensure its survival’
Company that provides substrate for Swiss banknotes came into liquidity difficulties
SNB keeps accommodative policy unchanged
Central bank acknowledges Swiss franc’s depreciation, but still considers development “fragile”
Distorted Swiss surplus not good base for policy – Jordan
Multinationals’ operations, higher nominal rates abroad and Swiss franc appreciation increase surplus
Swiss bond market contracts despite negative rates – SNB’s Maechler
Shift driven by lower issuance by Swiss government and reduced financing needs of banks
SNB’s Jordan defends central bank independence
In contrast to monetary policy, macro-prudential should also be shaped by government
SNB profits hit record high
Swiss franc’s depreciation and high stock prices fuel rise in revenues in first three quarters
Falling Swiss franc boosts inflation but SNB policy is unchanged
SNB revises down GDP growth forecasts and warns franc “remains highly valued”
Six large banks join UBS digital currency project
UBS announces third phase of digital currency project
Customer relationships affect severity of bank runs – research
Swiss experience of the global financial crisis offers natural experiment
SNB analyses monetary policy role in containing external inflationary factors
Research finds independent monetary policy protects Switzerland against international spillovers
Record-high FX reserves prompt new questions for SNB
Reserves reach $734 billion as Swiss franc depreciates against euro
Weaker franc gives SNB newfound leeway
The Swiss franc falls to its lowest level against the euro since January 2015
People: French deputy takes on stock market oversight; Myanmar set for change
People moves in France, Myanmar and Basel