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After a record loss: the Swiss central bank cancels the distribution

The Swiss National Bank posts a loss of CHF 132 billion. This has consequences for the public sector and private shareholders.

John knightTheo siegertNational bankSwiss national bankNational bank actFederal departmentCentral bankRecord loss

Swiss Central Bank Loses Over $142 Billion as Franc Strengthens in Value

The Swiss National Bank (SNB) reported a loss of 142.4 billion francs ($142.2 billion) for the first nine months of this year as a stronger franc considerably lowered gains from equity and bond holdings.

Switzerland generalHeinz taennlerNaveen athrappullyTheo siegertSwiss national bankAlessandro beeCentral bankInterest ratesStrong currencySwiss francThe epoch times

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