Sentences with phrase «swiss bank moved»
Not exact matches
Some Swiss bank clients could move their money back home.
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The recent move by the Swiss government to allow banks to sidestep secrecy laws won't prevent them from depositing money in the country.
Jittery depositors across southern Europe have been cashing their euros out of domestic banks and moving them to German, British and Swiss ones, looking to protect themselves if the no - longer - unthinkable happens and Greece ditches the euro.
Jon Cox, head of European consumer equities at Kepler Cheuvreux, discusses the sectors that will be hard - hit by the Swiss National Bank's move to end the franc's euro peg.
It's unclear whether these banking relationships would change if the Swiss move goes through.
Capital Markets Foreign Exchange Currency pegs around the world are threatening to come unglued following the Swiss National Bank's surprise move to drop the exchange rate floor of the euro versus the Swiss franc.
ZURICH — Wealthy clients of Swiss private bank Falcon will be able to store and trade bitcoins via their cash holdings with the bank from Wednesday, a move that signals the traction the virtual currency is gaining even in slow - changing asset management.
Citi analysts also said the move «represents a significant setback» for Swiss banks and pharmaceuticals and «high - single - digit downgrades» are likely to follow.
Stock and currency markets are still grappling with Thursday's surprise move by the Swiss National Bank to unhinge its currency from the euro.
Since the mission was not a success, Wolfe's next assignment is to move into a suburban household to protect Plummer's five children while the wife (Faith Ford, «Murphy Brown») travels to retrieve hubby's belongings from a Swiss bank deposit box.
Swiss bank UBS reports that from 2000 to 2010, while Taiwan's economy had an average annual growth rate of 4.2 percent, its stock market barely budged in U.S. dollar terms, because of currency moves.
On January 15, 2015, when the Swiss National Bank eliminated its currency's Euro - peg, the value of that currency moved 30 % in minutes, wiping out many currency traders in what were thought to be low - risk arbitrage - like investments.