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Swiss National Bank

  • Thursday, 20 June, 2024
    Swiss central bank cuts interest rates for the second time this year

    Chair Thomas Jordan signals SNB is ready to intervene in currency markets to stem gains in the franc

    A visitor arrives at the Swiss National Bank offices in Zurich
  • Tuesday, 26 March, 2024
    Markets InsightMohamed El-Erian
    A turning point in central banking

    Last week’s monetary policy moves mark a shift away from strict inflation targeting

    Federal Reserve building
  • Thursday, 21 March, 2024
    Currencies
    Switzerland in surprise cut to interest rates

    Central bank leads the way for big western economies with quarter-point cut to 1.5%

    Flags at the SNB building
  • Friday, 1 March, 2024
    Long-standing Swiss central bank chief Thomas Jordan resigns

    Exit of longest-serving major central bank governor brings end to turbulent tenure of unorthodox policymaking

    Thomas Jordan
  • Tuesday, 27 June, 2023
    Markets InsightDaniel Davies
    Swiss regulators need to face up to Credit Suisse failures

    As the country prepares for the challenge of supervising an enlarged UBS, rule changes are not the answer

    Protesters hold a boat with ‘Crisis Suisse’ written on it in Zurich
  • Friday, 23 June, 2023
    Lex
    SNB/Credit Suisse: Swiss central bank hints at higher capital requirements Premium content

    Report suggests Finma could have done more, earlier

    The Swiss flag in front of the Credit Suisse logo on a building
  • Thursday, 22 June, 2023
    Credit Suisse Group AG
    Swiss central bank calls for overhaul of banking regulations after Credit Suisse rescue

    SNB warns that dependence on regulatory capital and liquidity rules may have contributed to problems

    The Credit Suisse logo
  • Wednesday, 12 April, 2023
    Credit Suisse Group AG
    Swiss lawmakers vote against Credit Suisse rescue in symbolic protest

    MPs oppose SFr109bn government-backed package underpinning UBS’s takeover of rival

    A UBS logo next to a Swiss flag
  • Monday, 27 March, 2023
    Currencies
    Zero francs given

    Hail to the CHF

  • Thursday, 23 March, 2023
    Switzerland presses ahead with rate rise despite banking crisis

    Central bank efforts have ‘put a halt’ to country’s financial turmoil, says governor Thomas Jordan

    Thomas Jordan
  • Thursday, 23 March, 2023
    Credit Suisse Group AG
    Swiss regulator defends $17bn wipeout of AT1 bonds in Credit Suisse deal

    Writedown after takeover by UBS enraged holders of risky bonds

    Credit Suisse signage
  • Monday, 20 March, 2023
    Banks in turmoil
    ‘Credit Suisse is part of our history’: shocked nation digests bank’s collapse

    Inquest begins into how a lender regarded as a national institution could fall so fast

    A demonstrator outside a UBS branch in the Swiss capital Bern on Monday
  • Sunday, 19 March, 2023
    Central banks
    Central banks announce dollar liquidity measures to ease banking crisis

    Turmoil prompts authorities to launch daily operations to access dollar funding via standing swap lines

    Close-up of the US Federal Reserve building in Washington
  • Thursday, 16 March, 2023
    Credit Suisse Group AG
    Nobody puts Suissie in a corner

    Credit Suisse draws SFr50bn of liquidity from SNB

  • Thursday, 16 March, 2023
    Credit Suisse Group AG
    Credit Suisse shares rally after $54bn lifeline from Swiss central bank

    Troubled lender taps emergency funding following sell-off that shook global financial sector

    People walk past a Credit Suisse logo
  • Wednesday, 15 March, 2023
    Credit Suisse Group AG
    Swiss central bank offers Credit Suisse liquidity backstop

    Lender tumbles as much as 30% after top shareholder rules out participating in equity raise

    Credit Suisse logo
  • Wednesday, 15 March, 2023
    LexCredit Suisse Group AG
    Credit Suisse: Swiss National Bank must step in to halt three-way doom loop Premium content

    The onus is now on the Swiss central bank to reassure investors

    The logo of Credit Suisse
  • Thursday, 15 December, 2022
    Swiss central bank lifts interest rate by 50 basis points

    Bank warns of significant ‘macroeconomic uncertainties’ next year

    The facade of the Swiss National Bank SNB
  • Friday, 21 October, 2022
    Currencies
    Mysterious $11bn Swiss swapsies

    OK this is eye-catching

  • Thursday, 22 September, 2022
    Central banks
    Japan intervenes to shore up yen as ‘reverse currency wars’ deepen

    UK, Switzerland, Norway and South Africa all raise rates in wake of Fed move

    Japanese yen banknote
  • Thursday, 22 September, 2022
    Swiss National Bank raises rates by 0.75 percentage points

    Move to 0.5% marks the end of an era of negative interest rates in Europe

    Swiss National Bank signage in Bern
  • Monday, 20 June, 2022
    Markets InsightMohamed El-Erian
    Central banks and markets share a secular awakening

    There is no hiding from the long-term transition to more challenging financial conditions

    Fed chair Jay Powell on a television screen
  • Friday, 17 June, 2022
    The FT ViewThe editorial board
    The global economy is not going to be calmer any time soon

    Central banks are racing to adapt to a world of high inflation and weak growth

    A montage (L-R) of Bank of England governor Andrew Bailey, Federal Reserve chair Jay Powell and European central bank president Christine Lagarde
  • Thursday, 16 June, 2022
    Swiss central bank surprises with first interest rate rise since 2007

    Franc surges on SNB announcement that benchmark rate would rise to minus 0.25%

    Swiss National Bank chair Thomas Jordan leaves after a news conference
  • Thursday, 26 May, 2022
    Currencies
    Ignore the SNB’s huge stonking losses

    The Swiss central bank still sits on a fat financial cushion from its equity investments

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