SNB Will No Longer Pay for Deposits to Meet Reserve Needs. Adjustments will reduce interest costs for the central bank; SNB already introduced tiered system in September 2022 The Swiss National ...

The bank council is responsible for overseeing and controlling the SNB's business activities. There are 11 members of the council who each serve four-year terms.

The Swiss National Bank may have cut its interest rate to zero, but the way it penalizes banks’ excess reserve holdings means ...

"Banks' liquidity provisions should be improved," SNB vice chairman Martin Schlegel said in a speech after the central bank surprised markets with an 25 basis-point interest rate cut.

ZURICH (Reuters) - Credit Suisse's collapse was caused by the bank's management, not by Swiss financial authorities, Swiss National Bank Chairman Thomas Jordan was quoted as saying on Friday. "It ...

An economists’ poll on Tuesday still said the bank was expected to raise its policy rate 50 basis points to 1.5% even though the SNB last week agreed to loan a whopping CHF 50 bn (USD 54 bn) to ...

The Swiss National Bank (SNB) is to issue a wholesale central bank digital currency (CBDC) on Switzerland's SIX digital exchange as part of a pilot, the central bank's chairman said at a ...

The CDBC will be offered by the Swiss National Bank (SNB). The digital bond has a 7-year tenure worth CHF 200 million, about $219 million. It represents the largest-ever CHF bond issuance since 2009.

The Swiss National Bank (SNB) expects an annual loss of around CHF3 billion ($3.5 billion) for last year, it said on Tuesday in preliminary results. The franc’s appreciation weighed on profits ...

This content was published on May 16, 2025 The president of the Swiss National Bank (SNB), Martin Schlegel, has warned of the huge financial uncertainties caused by recent US tariffs.