Swiss Franc

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Citi denies slow trading

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Citigroup denied moving too slowly to close out a client’s trades in a lawsuit linked to the market turmoil that followed the Swiss National Bank’s surprise decision to scrap its currency cap last year.

UBS sets Swiss deposit charge

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UBS said on Tuesday it had introduced a charge on deposits for certain large account balances in Switzerland, in a move which follows the surprise jump in the Swiss franc's exchange rate earlier this month.

UBS - no losses over Swiss franc

Trading Desk

UBS said on Friday it did not suffer any overall losses in its trading business after the Swiss National Bank's (SNB) decision last week to abandon its three-year-old cap on the franc.

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Citi denies slow trading

Citigroup denied moving too slowly to close out a client’s trades in a lawsuit linked to the market turmoil that followed the Swiss National Bank’s surprise decision to scrap its currency cap last year.