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Showing 21 - 30 of 51 results for "Swiss Franc"

Switzerland falling out of favour with UHNWs

MARK SMITH  |  FRIDAY, 19 APR 2013
Switzerland will lose its status as the private banking capital of the world by 2020, according to a new WealthInsight report. The research group, which tracks global trends in the ultra high net worth segment of the market, said it expected Singapore ...

Big deal day

BENJAMIN ONG  |  WEDNESDAY, 13 FEB 2013
... is being waged. No, not me! For aside from the Swiss the National Bank (SNB), which had been frank in capping the Swiss franc's appreciation since late 2011... SNB Press Release, Zurich, 6 September 2011 "The current massive overvaluation of the Swiss ...

Family office and HNW clients overlook best cash deposit rates

MARK SMITH  |  FRIDAY, 14 DEC 2012
... a custody or 'third-party' fee on top of the reduced deposit rate. Right now, some currency deposits, such as the Swiss franc and euro, are negative meaning you pay the bank for keeping your money safe! In Australian dollars, some deposit rates are as ...

Coming in 2014: Aussie recession

BENJAMIN ONG  |  THURSDAY, 29 NOV 2012
... Swiss ones dropped by 30 bps. Which one's the safe haven? 7 Swiss National Bank (SNB) wins and catapults the euro-Swiss franc currency comparison to 1.50 Euro-Swiss franc exchange rate has not gone beyond 1.22 this year. 8 US dollar-yuan rate rises 10 ...

UBS to cut up to 10 000 jobs

BEN COLLINS  |  WEDNESDAY, 31 OCT 2012
Swiss bank UBS AG could cut as many as 10 000 jobs after announcing a $AUD 2.25 billion net profit loss on Tuesday. As part of a cost-cutting following the result, Switzerland's biggest bank said that it "is likely to have a headcount of around 54 000" ...

Julius Baer buys Merrill Lynch wealth

MELANIE TIMBRELL  |  FRIDAY, 17 AUG 2012
Swiss private banking group Julius Baer will acquire Merrill Lynch's International Wealth Management business outside the United States from Bank of America. It's understood Julius Baer paid 860 million Swiss francs for the acquisition, which is expected ...

Aussie! Aussie! Aussie! Noi! Noi! Noi!

BENJAMIN ONG  |  TUESDAY, 31 JUL 2012
... a lot of cheaper imported stuffs and travel to places at bargain prices -- but just look at the rising yen and the Swiss franc whenever fear over the Eurozone or global growth makes a comeback and what it's doing to their economies. Their appreciating ...

Not looking good

BENJAMIN ONG  |  MONDAY, 12 SEP 2011
Financial market waters are getting more treacherous by the day. The signs are all around us - macro-economic fundamentals are deteriorating, systemic risk is growing and technical indicators of risk assets are breaking down. I'd like to able to conjure ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 7 SEP 2011
... pressures amid street protests, pushing the price of safe-haven gold to a new record. Another safe-haven instrument, the Swiss franc, had also surged and on Tuesday the Swiss central bank sprang a surprise, setting a target "peg" exchange rate against ...

Market Wrap - Midday

AAP  |  FRIDAY, 2 SEP 2011
... jobs would definitely put the heat on higher yielding currencies, which would be sold off in favour of the Yen and Swiss Franc," he said. Mr Waterer said the Australian dollar could hit 108 US cents by the weekend, if the US payrolls result fuelled risk ...