Tag Archives: Swiss franc

Shock move to untether franc sparks debate

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by Malcolm Curtis|The Local Switzerland|January 16, 2015 For some it was a “bold step”, for others a foolhardy move that risks harm to the economy and job losses. 

The Swiss National Bank’s decision to stop capping the level of the … Continue reading

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Faulty paper blamed for new banknote delay

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by Malcolm Curtis|The Local, Switzerland|August 10, 2012 The introduction of new Swiss banknotes has been postponed for a second time because of technical problems linked to the paper to be used, a new report says. Designs for the new series … Continue reading

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Julius Baer cuts costs to counter strong franc

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by Malcolm Curtis | November 14, 2011 | Julius Baer Bank became the latest company based in Switzerland to announce spending cuts related to the strong franc. On Monday the Zurich-based private bank announced it was reducing expenditures in a … Continue reading

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