Switzerland
Swiss central bank reports record quarterly losses
SNB loses $39.1 billion as falls in equities wipe out gains on Swiss franc positions and gold holdings
Swiss central bank launches unlimited refinancing facility
SNB asks federal government to reduce countercyclical buffer to 0%
Fed expands network of swaps to emerging markets
Emerging markets will now have direct access to a dollar backstop, but it is still limited
Do low rates spur investment?
Many believe low interest rates spur investment, but there appears to be little hard evidence to support such claims, writes former IMF head Jacques de Larosière
Central Banking Awards 2020: the winners
All the winners in the 2020 Central Banking Awards
Central Banking Awards 2020: second group of winners unveiled
Prizes awarded for governor, reserve management, green initiative, asset manager and custody
SNB reduces risk exposure in fixed-income investments in Q4
Foreign currency investments decline by over 10 billion francs in December
SNB expects $50 billion profit in 2019
Rising gold prices and foreign currency assets boosted profits, Swiss National Bank says
Facing up to the tech challenge
Central banks get a wake-up call from libra
Benoît Coeuré to head BIS innovation hub unit
Senior ECB official is highly regarded for work on payments and has warned of need for change
Swiss governor rules out SNB transfers to pension funds
Negative rates are hurting sector but pension reform is solution, Jordan says
BIS and SNB co-operate on technology research hub
Swiss centre will investigate how to use digital central bank money on DLT infrastructure
SNB holds despite recent ECB and Fed easing measures
Swiss central bank increases threshold on banks’ deposits exempt from negative rates
BIS: forex volumes rise to $6.6 trillion as London trading soars
While the UK capital reinforces its prominence in forex markets, trading in Asian currencies heats up
Central banks face loss of independence – Central Banking survey
A new survey of Central Banking’s Editorial Advisory Board points to central banks facing existential challenges with little change in their frameworks or toolkits
BIS to set up three fintech innovation hubs
New hubs will be set up in Hong Kong, Singapore and Basel
Switzerland should tighten macropudential policies – IMF directors
Authorities should strengthen financial regulator and address real estate risks, IMF chiefs say
SNB replaces Libor with new reference rate
The future of Libor is “not guaranteed” and underlying volume is “dwindling”, says Thomas Jordan
Can central bankers turn finance green?
The Network for Greening the Financial System aims to bring about fundamental change. The central bankers who created it made a strong start but face serious challenges.
Eurozone needs central stabilisation fund to secure fiscal stability – ECB research
Unlike other monetary unions, the region’s federal budget plays a very limited role
Draghi expresses concern over Fed independence
ECB governor says he is “especially” worried by events in US
Swiss National Bank sharply lowers inflation expectations
Central bank may have reached limits of monetary policy, observer argues
Switzerland grants fintech firms access to interbank payment system
Federal government modified ordinance to create new licensing category on January 1
Ukrainian central bank sues oligarch in Swiss courts for $200 million
NBU demands money from former bank owner it has accused of massive fraud