Sunday, March 26, 2023

That means the National Bank’s record loss

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SNB President Thomas Jordan has suffered a record loss.


Sarah FrattaroliDeputy Head of Economics

The deep red stock market year cost some investors a lot of money – but probably none of them made as much loss as the Swiss National Bank (SNB): 132 billion francs, according to provisional calculations by the National Bank.

SNB President Thomas Jordan (59) has to record a historic loss. Blick answers the most important questions about the huge minus.

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