Swiss National Bank

UBS takes over Credit Suisse: Everything you need to know about the crisis

Credit Suisse crisis: Swiss government said it would provide $9 bn to help UBS meet the possible losses while taking over Credit Suisse, and Swiss National Bank will provide $100 bn of liquidity

Swiss National Bank ends Europe's sub-zero rate era with 75 bps hike

The Swiss National Bank raised interest rates by 75 basis points to bring borrowing costs above zero for the first time in almost eight years, following recent moves in the euro region

Investors dump shares on growth fears as Swiss, UK hike lending rates

While Swiss National Bank and UK's central bank increased their lending rates, global shares took a dive as investors began dumping shares based on recession fears.

World shares resume slide on growth fears as Swiss, UK hike rates

Stocks around the world keep falling amid Swiss and UK's respective central banks' lending rate hikes along with fears that these moves may drive markets into recession.

Central banks across the globe opt for shock and awe to tame inflation

The Federal Reserve has just delivered its biggest interest rate rise in over a quarter of a century and even the hitherto dovish Swiss National Bank has taken markets by surprise

Surprise rate hike lifts Swiss franc, sterling tumbles before BoE

As Swiss National Banking increased its policy interest rates, the franc took a jump against the US Dollar and Euro, which is a first in almost 15 years, say reports.

Swiss National Bank rules out note ban; officials say cash 'more reliable'

SNB's deputy head Fritz Zurbruegg said there remains a continuing robust demand for cash