UBS and Credit Suisse, will likely each need to raise an extra 10 billion Swiss francs in capital to meet new leverage requirements, says SNB. » Read More
The reason for the Swiss decision: It was getting very expensive for the Swiss National Bank to defend that 1.20 level.
CNBC's Jim Cramer says the Swiss National Bank's abandonment of its currency cap on the euro could be a scary sign.
Dennis Gartman says the Swiss decision to abandon a key part of its monetary policy is the worst central bank move he's ever seen.
Following the shock move by the Swiss National Bank to drop its euro peg, Larry McDonald from Newedge USA says U.S. investors are "definitely focused" on the swiss franc.
The Swiss National Bank has scrapped the franc's peg to the euro. Jane Foley, senior currency strategist at Rabobank, shares her thoughts on the move which has shocked markets.
The Swiss National Bank has dropped its exchange rate cap with the euro and lowered its interest rate to -0.75 percent. Geoffrey Yu, FX strategist at UBS, gives his and the market's current reaction.
The Swiss National Bank took the world by surprise on Thursday by unpegging the Swiss franc from the euro. CNBC's Sara Eisen breaks down what happened.
The Swiss central bank kept its rates steady today. Thomas Jordan, Chairman of Swiss National Bank talked to CNBC, explaining its reasons.
If no one expected the Swiss vote forcing the central bank to hold more gold to succeed, why is gold tanking?
Blame gold's free fall on the Fed, but if a long-shot referendum passes it could be the Swiss National Bank that stops it.
Thomas Jordan, chairman of the Swiss National Bank, discusses the appreciation of the Swiss franc and explains why the minimum exchange rate remains "absolutely necessary" for Switzerland.
Switzerland's exchange rate peg against the euro remains "absolutely necessary", despite the upturn in the single currency, the head of the Swiss National Bank told CNBC.
CNBC's Eamon Javers reports the DOJ expects to announce an agreement with the government of Switzerland in which certain Swiss banks could resolve the liability they may be facing in results of hiding American assets. Participating banks will have to provide the U.S. with full disclosure of activities.
Kathy Lien, Managing Director of FX Strategy of BK Asset Management says that while there are some green shoots evident in the Euro Zone, the region's battle against recession is far from over.
The Swiss National Bank said it was far from ready to end its unconventional policy measures, on Thursday, unlike the U.S. Federal Reserve.
In an exclusive interview with CNBC, chairman of the Swiss National Bank, Thomas Jordan says the central bank could employ negative interest rates as a means to keep the Swiss franc low.
The Swiss National Bank has trimmed its big euro position, taking downward pressure off the currency.
The Swiss National Bank has euros ready to unload, and these strategists point to currencies that should benefit.
The Swiss National Bank is sitting on a pile of euros, and the size of that pile says a lot about where the euro is headed.
Safe haven is a lovely term indicating that an asset class, bank or company is rock solid, reliable and dependable. After years of financial crisis a safe haven asset feels like a port in a storm and investors have flocked into so-called safe haven assets like U.S., German and UK government debt.