Swiss bank acts to halt franc rise as investors seek refuge in Greek crisis
Switzerland`s central bank was forced Monday to intervene "in order to stabilise the markets," which have tumbled over Greece`s escalating crisis, the bank`s chief Thomas Jordan said.
Jun 29, 2015, 15:57 PM IST
Swiss franc surge rocks currency brokers, burns banks
The surprise surge in the Swiss franc left currency brokers and banks worldwide licking their wounds on Friday, with at least two brokers declaring insolvency and others warning of heavy losses.
Jan 17, 2015, 06:44 AM IST
European stocks drop; eyes on ECB after Swiss move
London`s FTSE 100 index dropped 0.45 percent to 6,469.65 points compared with Thursday`s close.
Jan 16, 2015, 14:21 PM IST
