Swiss
Why gold and the Swiss franc suddenly look more attractive than the dollar
[ad_1] It’s been a dramatic week in foreign exchange markets as a six-word comment on Tuesday by President Donald Trump intensified a selloff for the U.S. dollar, sending it to...
UBS rejects proposed Swiss bank rules, moots less costly alternatives
[ad_1] The lender warns the proposal would add huge costs and threaten the continuation of its successful business model[ZURICH] UBS on Monday (Jan 12) rejected government proposals to strengthen regulations...
November Swiss Watch’s 52 Percent Export Slump to the U.S. Reflects Tariff Rollercoaster
[ad_1] PARIS – It’s the darker months of the year, including for Swiss watch exports. Shipments from the country fell 7.3 percent to 2.2 billion Swiss francs in November, according...
Swiss National Bank holds interest rate at zero, cuts inflation forecast
[ad_1] The outcome shows the central bank setting a higher bar for moving negative than for a standard rate cut[ZURICH] The Swiss National Bank kept its interest rate at zero,...
JPMorgan doubles Swiss business by targeting wealthy clients
[ad_1] [ZURICH] JPMorgan doubled its Swiss domestic private banking business between 2020 and 2024 and aims to do so again by 2030 as it targets the country’s wealthiest people, a...
HSBC’s Swiss private bank boosts some bankers pay to stem exits
[ad_1] The Swiss arm has been increasing compensation of staff, including relationship managers[LONDON] HSBC Holdings’ Swiss private bank is boosting the pay of some of its staff as it looks...
U.S., Switzerland reach trade deal to bolster manufacturing in America, lower tariffs on Swiss goods
[ad_1] The U.S. and Switzerland have reached a trade deal that will reduce President Trump's tariffs on the European nation from 39% to 15%, a top administration official said. [ad_2]...
Swiss National Bank likely intervening to weaken franc: UBS
[ad_1] [ZURICH] The Swiss National Bank (SNB) is probably stepping into the market to weaken the franc, according to economists at UBS Group.“Current market conditions indicate an elevated risk of...
Swiss Watch Exports to U.S. Halved in September
[ad_1] PARIS – The U.S. lost its crown as the top market for Swiss watch exports in September. Exports to the country slumped 55.6 percent in the month, according to...