US EditionSnb Expected to Be in the Red in the First Half of the Year, Predicts Ubs
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The Swiss National Bank (SNB) is expected to post a double-digit half-year loss due to the weakness of the dollar against the franc, according to UBS experts. The bank may refrain from any distributions to the cantons and the Confederation.
Zurich – The Swiss National Bank (SNB) is very likely to have slipped into the red in the second quarter of 2025. In any case, the economists at Grossbank UBS expect a loss in the range of 17 to 27 billion Swiss francs in view of next week's figures. The reason for the shortfall is primarily the weakening of the US dollar [...]
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