The Latest Breaking News from SNB

Swiss National Bank lowers interest rates due to low inflation, impacting franc value and global market trends.

The Swiss National Bank cut interest rates on Thursday -- the first to do so among the major central banks, saying the battle against inflation was working almost two years after launching its monetary tightening campaign.

BoE policymakers were split 5-4 on interest rates this month, with a narrow majority voting to leave Bank rate at 5.25%

The French government has published its draft National Biodiversity Strategy (SNB) with 39 measures defining its roadmap for safeguarding nature through to 2030.

The Saudi National Bank torpedoed its own $1.6 billion investment after its ill chosen words obliterated any remaining confidence in the Swiss lender.

Ammar Al Khudairy’s remarks about Swiss lender spurred investor panic that led to emergency takeover

Shares in First Citizens Bank surge 45% as it agrees to buy much of Silicon Valley Bank, while Saudi National Bank’s Ammar Alkhudairy resigns

Financial regulators confirm the resilience of Australia's banking system following rigorous oversight during the past fortnight.

LONDON: The Bank of England joined Norway and Switzerland in hiking interest rates on Thursday to tackle stubbornly-high inflation, though banking-sector turmoil could soon lead to a pause in US tightening as hinted by the Federal Reserve.

In light of the repercussions of the crisis experienced by the Credit Suisse Group, the second largest bank in Switzerland, which has been operating for 167 years, the Saudi National Bank announced on Monday that any change in the fair value of its investment in the Swiss group would not…

Could isolated failures herald another global banking crisis?