Sentences with phrase «francs held»

In the case of insolvency of the Depository or JPMorgan Chase Bank, N.A., the U.S. bank of which the Depository is a branch, a liquidator may seek to freeze access to the Swiss Francs held in all accounts by the Depository, including the Deposit Accounts.

Not exact matches

While holders of Swiss francs gained, those with sizeable holdings of euros or dollars against the franc would have suffered heavily.

Faced with a seemingly unstoppable currency, the Swiss have been holding the franc to a floor against the euro since last fall.

If the peg doesn't hold, and the Swissie becomes not just a safe haven but a strengthening one as as well, investors would likely sell euros against the Swiss franc, intensifying the pressure on the common currency.

The Swiss central bankers appear to have decided that they might not be able to hold back the tide as a new surge of investors poured their savings into the franc.

As for the British example at the end of the 19th Century, in those days currency was part of reserve accumulation, but much if not most reserves were in the form of gold or silver, and while Britain had the most important reserve currency, the difference between central bank holdings of sterling and central bank holdings of other gold - based currencies, like the franc, were pretty small relative to total trade.

Anna Irrera of Reuters recently reported on our announcement that Swiss Insurance Group, Baloise Holding, committed 50 million Swiss francs ($ 49.57 million) to...

The SNB's «profit was lifted by a trio of positive forces: Low bond yields preserved the value of its foreign bonds; higher equity prices raised the value of SNB holdings... and the weaker Swiss currency made those foreign assets worth more in franc terms.»

Practice makes perfect: but perfection still hadn't quite been achieved when, a fortnight ago, the whole organisation was held to ransom for two million French francs after some 1200 electronic components that are indispensable to the running of its particle accelerators were removed and hidden.

With regard to my stocks in euro, the devalutaion against the Swiss franc was very negative, causing the same effect as if there was a dividend cut of 25 % regarding all my European holdings.

The reason this is important is that if the dollar strengthens while you hold a Swiss stock, the change in currency rates will cause you to receive fewer dollars for the Swiss francs — and this can turn a paper profit from stock appreciation into a net loss.

My holding in Unilever is in GBP which has depreciated quite a lot against the Swiss franc.

My portfolio is denominated in Swiss franc and I hold major positions in EUR, USD and GBP so there might be some devations e.g. with regard to my projections concerning YoC due to exchange rate fluctuations.

The company does not currently hold reserves in Swiss francs, but its reserves in euros and other currencies compensate for that.

This release allows Airbitz users not only to buy bitcoin with euros and Swiss francs but due to its partnership with Glidera, Airbitz can also be used as a remittance application by those who hold European and US bank accounts between themselves, friends, and family.