How Swiss stock exchange trading in 2018 affected banks’ revenues02 February 2019
The Swiss stock exchange trading volume was higher in 2018 comparing to 2017. Many segments enjoyed a bit better year, expect for ETFs. However, turbulent stock markets over the course of the whole year vastly affected the private banking sector’s revenues and assets under management figures.
Tech startups had a record year in raising funds01 February 2019
A newly published report on technology – fintech, biotech, IT and others – startups in Switzerland showed that last year was record one for them in terms of received funding. Overall, they received in funding much more money than in previous year.
ECB keeps policy unchanged; the Euro Swiss Franc rate is down25 January 2019
The European Central Bank announced on Thursday 24th that it kept its policy unchanged in a move that was considered dovish by experts. A rate hike is still probable later this year, even though the eurozone economy is experiencing a slowdown. The Euro exchange rate fell down upon the news as the US Dollar gained.
SNB worries about Brexit; Will the Brexit influence the Euro Franc exchange rate?17 January 2019
Prime Minister of the UK Theresa May failed to secure parliamentary support for her Brexit plan this week and as a result the leaving process of the country from the EU is now in limbo. The SNB expressed its concerns of the situation, whereas the Swiss Parliament gave green light for deals with the UK.
Best Euro Franc exchange rate since September03 January 2019
After an Euro on a long time low in the morning it slightly rises at the end of the day.
The Euro was this morning at its lowest point against the Swiss Franc. With an Euro Franc exchange rate of EUR CHF 1.11837 it was the best Euro exchange rate for the swiss frontaliers since September last year.