(Bloomberg) — Switzerland is accelerating efforts to reform its banking regulations a year after the collapse of Credit Suisse and handing more power to those who will enforce them. The government is due to unveil long-awaited proposals for legislation in the coming days that are likely to touch on all of the main pillars…
The Swiss National Bank should look beyond its own ranks for a successor to Chairman Thomas Jordan who will step down in September, a group which campaigns for accountability at the central bank.
Swiss National Bank cuts overnight deposit rates to curb soaring interest costs reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.