scorecardresearchSwiss National Bank posts biggest ever first half loss

Swiss National Bank posts biggest ever first half loss

Updated: 29 Jul 2022, 11:20 AM IST
TL;DR.
The result was dragged down by the second quarter, where the SNB reported a loss of 62.4 billion francs, which was also its worst quarterly performance on record.
FILE PHOTO: The Swiss National Bank (SNB) logo is pictured on its building in Bern, Switzerland April 2, 2022. REUTERS/Arnd Wiegmann//File Photo

FILE PHOTO: The Swiss National Bank (SNB) logo is pictured on its building in Bern, Switzerland April 2, 2022. REUTERS/Arnd Wiegmann//File Photo