Prisma by Dukas / Contributor / Getty Images The term Swiss National Bank (SNB) refers to the central bank of Switzerland. Founded in 1906, the SNB is located in Berne and Zurich, with six other ...

The Swiss National Bank (SNB) has generated a CHF62.5 billion profit in the first nine months of this year. Following a profit of CHF56.8 billion in the first half of the year, this resulted in a ...

The Swiss National Bank lowered its key rate to 1% from 1.25%, having cut borrowing costs by the same amount in June. Three months earlier, it became the first central bank from a rich ...

The reduction comes amid subdued domestic inflation and a rally in the Swiss franc. It was the first major Western central bank to reduce interest rates back in March. The Swiss National Bank on ...

ZURICH (Reuters) - As the Swiss National Bank's new chairman Martin Schlegel takes office this week, the jury is out on the central bank's handling of the Credit Suisse crash and its takeover by UBS.

Switzerland faces deflation risks as a strong Swiss franc pressures the SNB, sparking debate over interest rate cuts and ...

Troubled banking giant Credit Suisse says it will borrow up to 50bn francs ($54bn; £44.5bn) from the Swiss central bank to shore up its finances. The lender said it was taking decisive action to ...

AG now holds a 3% stake in Swiss National Bank , according to an October filing with the country's SIX stock exchange.

For the second consecutive day, the Switzerland market languished in red right through the day's session, as weak earnings updates ...

According to LSEG data, UBS Asset Management (Switzerland), another subsidiary of the UBS group, also has a stake in the Swiss central bank. UBS and the SNB declined to comment. Switzerland's ...