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Swiss francs News

05 Jun 2016

Swiss vote on a radical proposal to provide entire population with enough money to live on

The Swiss voted on Sunday on a radical proposal to provide the entire population with enough money to live on.

Swiss justice ministry

17 Dec 2015

Switzerland freezes millions of Swiss francs related to FIFA

US authorities asked for documents related to 50 accounts at different banks.

18 Jun 2015

Swiss banks' profit rises; staff count down

Under glare for being an alleged safe haven for illicit funds from across the world, Swiss banks saw their profits rise during 2014 to close to 19.5 billion Swiss francs even as their staff count declined in the year.

18 Jun 2015

Swiss banks' profit rises; staff count down

Under glare for being an alleged safe haven for illicit funds from across the world, Swiss banks saw their profits rise during 2014 to close to 19.5 billion Swiss francs even as their staff count declined in the year.

Swiss National Bank

26 Mar 2015

SNB says spent $27 billion to defend franc before dropping peg

The Swiss National Bank (SNB) spent 25.8 billion Swiss francs ($26.91 billion) defending the currency late last year before abandoning its peg as too costly for the country`s economy, it said on Thursday.

31 Aug 2014

Foreign clients move Rs 25 lakh crore away from Swiss banks

As India steps up its pressure on Switzerland in its black money pursuit, foreign clients' funds worth 350 billion Swiss francs (nearly Rs 25 lakh crore) have left Swiss banks in the past six years.

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