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Swiss National Bank
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Summary
location iconZurich, Switzerland
company sizeCompany size: 5000+

The Swiss National Bank is the central bank of Switzerland, based in Zurich and founded in 1907. The Swiss National Bank provides oversight of monetary policy, cash supply and distribution, payment transactions, financial stability, investment of assets, international monetary services, and services on behalf of the Swiss government.

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Swiss National Bank - Recent News & Articles

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May 20, 2024
Soaring debt and deficits causing worry about threats to the economy and markets

The federal IOU is now at $34.5 trillion, or about $11 trillion higher than where it stood in March 2020. Chatter has spilled into government and fina...

Source: CNBC
Apr 27, 2024
Fed courts nonbanks for FedNow growth

The Federal Reserve is stressing the importance of fintechs and core providers for the future expansion of its new instant payments system FedNow. The...

Apr 12, 2024
How FedNow is Shaping Payments Since its Groundbreaking Launch

In the six months following its groundbreaking launch in July 2023, FedNow has emerged as a transformative force in real-time payments, marking a sign...

Source: Finextra
Feb 16, 2024
Hindenburg’s latest short target Temenos rejects allegations as share price tumbles

Temenos shares were down over 6% on Friday after closing over 28% lower on Thursday. The Swiss software company said its board of directors “fundament...

Source: CNBC
Jan 23, 2024
Brex axes 20% of staff

Corporate spend management giant Brex has laid off 282 people (20% of its workforce) and revealed that its COO and CTO are leaving their roles.In a me...

Source: Finextra
Dec 14, 2023
ECB’s Lagarde, Bank of England’s Bailey fight back against rate-cut talk

Europe’s central bankers may be privately cursing Federal Reserve Chair Jerome Powell for the dovish press conference he delivered on Wednesday. “Who ...

Source: MarketWatch
Dec 14, 2023
Norway Central Bank Surprises With Quarter-Percentage Point Rate Hike to 4.5%

Norway's central bank surprised markets by raising its key policy rate Thursday, saying that a final hike in the current cycle was needed to ensure th...

Source: MarketWatch
Nov 12, 2023
Moody's turns negative on US credit rating, draws Washington ire

Moody's on Friday lowered its outlook on the U.S. credit rating to "negative" from "stable" citing large fiscal deficits and a decline in debt afforda...

Source: Reuters