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Latest news with #Swiss National Bank
Bloomberg
a day ago
- Business
- Bloomberg
Ex-Pictet Boss Leaves Switzerland Ahead of Inheritance Tax Vote
One of Switzerland's top private bankers has moved to Italy, ahead of an upcoming vote on increasing inheritance tax. Renaud De Planta, who stepped down as Banque Pictet & Cie SA 's managing partner last year, has relocated to the neighboring nation, according to a person familiar with the matter. He continues to sit on the bank's board as well as the Swiss National Bank's Bank Council.
Bloomberg
31-07-2025
- Business
- Bloomberg
SNB Reports Loss as Dollar Slump From Trump's Tariffs Hits Swiss Central Bank
Switzerland's central bank swung to a loss as a slump in the dollar caused by Donald Trump's tariff policies dented its large foreign-currency portfolio. Results for the first six months of the year showed a loss of 15.3 billion francs ($19 billion) on Thursday, the Swiss National Bank said in a statement on Thursday.
