| 单词 | franc |
| 例句 | When thirty foreigners were killed in Stanleyville, each one was tied somehow to a solid exchange, a gold standard like the hard Belgian franc. The Poisonwood Bible 1998-01-01T00:00:00Z I gave the waiter a franc and we went out. The Sun Also Rises 1926-10-22T00:00:00Z “If you get through send me five hundred francs. You won’t mind that if you get through.” A Farewell To Arms 1929-09-02T00:00:00Z “All right. I will give you eighteen points and we will play for a franc a point.” A Farewell To Arms 1929-09-02T00:00:00Z It was three days ago that Harvey had won two hundred francs from me shaking poker dice in the New York Bar. The Sun Also Rises 1926-10-22T00:00:00Z She returns his francs with his ticket despite his protestations, and after rummaging through a small box, she produces a business card which she hands him as well. The Night Circus 2011-09-13T00:00:00Z "I suppose if I'd given you five francs you would have advised us to jump off the train." The Sun Also Rises 1926-10-22T00:00:00Z He has only ten francs and uses almost all of it to buy a train ticket to take him partway. Vincent and Theo: The Van Gogh Brothers 2017-04-18T00:00:00Z I gave him twenty francs and he touched his cap and said: "Good night, sir," and drove off. The Sun Also Rises 1926-10-22T00:00:00Z Ten thousand francs reward for captured Allied flight crew or parachutists, “more under certain circumstances.” Code Name Verity 2012-05-15T00:00:00Z There were stories of civilians selling bottles of water for ten francs, but he had never seen it. Atonement 2001-09-20T00:00:00Z Even so, it is a lot of Congolese francs and would be a Congolese fortune if that were that, but it is not. The Poisonwood Bible 1998-01-01T00:00:00Z Fifty dollars a month in Belgian francs might not sound like much, but in Kilanga it had made us richer than anybody. The Poisonwood Bible 1998-01-01T00:00:00Z Herr Thiessen places it in his coat pocket along with his ticket and his saved francs, and takes his first steps into the circus. The Night Circus 2011-09-13T00:00:00Z Vincent had six canvases in the show, one of which sold for four hundred francs. Vincent and Theo: The Van Gogh Brothers 2017-04-18T00:00:00Z He says, “This hotel is very cheap, ma cherie. The innkeeper behind the desk said our room was forty francs a night but only twenty francs if we made our own bed.” All the Light We Cannot See 2014-05-06T00:00:00Z With only two francs left, he cannot take a train back to his home in the Borinage. Vincent and Theo: The Van Gogh Brothers 2017-04-18T00:00:00Z I bought you a new outfit just this month, I give you twenty francs a day, I pay your rent, and what do you do? The Stranger 1989-03-13T00:00:00Z In fact, when he gets a raise—he’s now earning four thousand francs a year—he sends about a third of it to Vincent. Vincent and Theo: The Van Gogh Brothers 2017-04-18T00:00:00Z Every month he takes 100 francs from the 330 he gets and sends it to his brother. Vincent and Theo: The Van Gogh Brothers 2017-04-18T00:00:00Z Now we are to get by on zero dollars a month in Belgian francs, and it doesn’t take long to figure out that story problem. The Poisonwood Bible 1998-01-01T00:00:00Z If the company borrowed millions of francs and then went bust, Armand Peugeot did not owe its creditors a single franc. Sapiens: A Brief History of Humankind 2011-01-01T00:00:00Z It was only sixteen francs apiece for Bill and me, with ten per cent added for the service, and we had the bags sent down and waited for Robert Cohn. The Sun Also Rises 1926-10-22T00:00:00Z It is easy: some weeks he can make as much as five hundred francs. All the Light We Cannot See 2014-05-06T00:00:00Z Despite hiring an investigator, spending thousands of francs, and poring through reams of German documentation, Marie-Laure and Etienne were never able to determine what exactly happened to her father. All the Light We Cannot See 2014-05-06T00:00:00Z Have I got the right shoes on, you wonder frantically, and bloody hell, where did I leave my two million francs? Code Name Verity 2012-05-15T00:00:00Z It must at least look like a blue diamond worth twenty million francs. All the Light We Cannot See 2014-05-06T00:00:00Z The conductor put the ten francs in his pocket. The Sun Also Rises 1926-10-22T00:00:00Z It was a Spanish remake, I think—a comedy-gangster movie, full of hit men, bullets, and a suitcase full of stolen Swiss francs. I Am the Messenger 2002-01-10T00:00:00Z Mother called me to help figure the bills and exchange the many kinds of money: pence from Massachusetts, shillings from Virginia, British pounds, and French francs. Fever 1793 2000-01-01T00:00:00Z He paid the rent on her room and gave her twenty francs a day for food. The Stranger 1989-03-13T00:00:00Z It was a small amount, but in hard Belgian francs. The Poisonwood Bible 1998-01-01T00:00:00Z And I told him how I had rung the bell for the lift, and as I had done so she had fumbled in her bag and given me a note for a hundred francs. Rebecca 1938-08-01T00:00:00Z The report also noted that, while Bing had received more than 1.5 million francs in postwar compensation from the French government for items seized by the Germans, the painting had not been listed among them. He Lost a Courbet Fleeing the Nazis. His Heirs Are Getting it Back. 2023-03-28T04:00:00Z Try it with Beaujolais, too, or a good New York State cabernet franc. When to Open a Bottle: Aging Wine Without the Anxiety 2018-10-22T04:00:00Z East Shore Vineyards does some amazing cab francs as well as others. Cabernet Franc and the Finger Lakes: Made for Each Other 2017-11-09T05:00:00Z I tried both and found the cab franc particularly impressive, especially for the price, and the rosé nice and fun. Perspective | Walmart’s new line of wines is just the juice that bargain-hunting Americans need 2018-09-28T04:00:00Z The 133-square-mile area’s soil quality, sun exposure and climate make it ideal for growing grape varietals, including cabernet sauvignon, cabernet franc, merlot and chardonnay, according to the bureau. Wine Country Is in North Georgia 2022-06-29T04:00:00Z The year before, he had eaten lunch at Joël Robuchon’s Jamin in Paris, where the prix fixe was 185 francs at a time when the exchange rate was about 10 francs to a dollar. Drew Nieporent May Be the Last Old-School Restaurateur Standing 2017-09-12T04:00:00Z This blend of 80 percent merlot, with cabernet sauvignon and cabernet franc filling the rest, offers good structure and nice tannins around a core of red and black fruit flavors. An armful of Passover wines to grab now 2017-03-31T04:00:00Z Cabernet franc is now a leading red grape on Long Island and in the Finger Lakes. He’s in a Cab Franc State of Mind 2020-02-06T05:00:00Z Doubles on weekends late in ski season start at 469 Swiss francs, including entry to the spa. 36 Hours in Zermatt 2020-03-05T05:00:00Z Being short on francs at the time, the weevils were appointed representatives to advocate for them in the trial. 25 animals that have been imprisoned or arrested 2021-09-18T04:00:00Z Documents signed in the name of the trust repeatedly acknowledge its commitment to finance costs up to 120 million Swiss francs. Donation for a Lucerne Opera House Is in Dispute 2011-04-28T21:05:39Z Try cab franc from the Lake Champlain area as well. Cabernet Franc and the Finger Lakes: Made for Each Other 2017-11-09T05:00:00Z Items like the pork saltimbocca and saffron risotto cost less than 20 francs. 36 Hours: 36 Hours in Bern, Switzerland 2011-09-08T19:38:53Z In September, the new 100 Swiss franc bill was introduced featuring an image of the suspended wooden bisse clinging to the overhanging rock face at Torrent-Croix. In the Swiss Alps, Walking a Cliff’s Edge to History 2019-09-25T04:00:00Z Customers first choose the grape from the varietals he grows on his five and a half acres in Peconic — cabernet sauvignon, merlot, cabernet franc and sauvignon blanc — or from those he buys from vineyards nearby. Fun by the Barrel (Wine, Too) 2010-12-02T22:00:00Z Single rooms start at around 265 Swiss francs — just a bit more in dollars — and doubles begin at 360 Swiss francs. Zurich, for a Song 2010-09-24T18:42:00Z Strangely, though, in cabernet francs from the Mendoza region of Argentina, like this one, I’ve sometimes found the aromas of jalapeños, which I find quite attractive, along with earthy flavors of red fruits. In Trying Times, 20 Wines Under $20 That Revive and Restore 2020-10-15T04:00:00Z If you want to buy a ticket from the bus driver, you’ll need euros, not francs. 36 Hours in Basel, Switzerland 2014-01-23T16:48:12Z The collector and art historian Charles Ephrussi, who met Manet in 1880, was so delighted by the latter that he paid 1,000 francs for it — 200 francs over the asking price. Review | Édouard Manet spent his final days in excruciating pain — and creating his most thrilling art 2019-06-05T04:00:00Z Or a cabernet franc from the Finger Lakes of New York? A July Menu to Celebrate Summer’s Bounty 2021-07-02T04:00:00Z For reds, try this New York cabernet franc and a rich, earthy Rhone from France. 3 white wines big enough for fall drinking 2017-09-22T04:00:00Z Three rental stations offer free bikes for up to four hours; each additional hour costs 1 Swiss franc. 36 Hours: 36 Hours in Bern, Switzerland 2011-09-08T19:38:53Z The focus on riesling and cabernet franc is not to say that the Finger Lakes do not produce many other fine wines. Cabernet Franc and the Finger Lakes: Made for Each Other 2017-11-09T05:00:00Z “We need to achieve 10 million francs a year to be able to generate enough to develop the crazy ideas I have in mind,” he said. Special Report: A Cut Above: Watches: Retail Strategy Keeps MB&F in Demand 2010-11-26T07:50:00Z “If it will cost 4,000 francs to repair the watch, we would not be interested,” he said, as he estimated that the watch would sell for 5,000 to 7,000 francs. Selling My Vintage Watch: A Journey in Time 2017-02-20T05:00:00Z Here’s a wine tasting exercise for you: Compare two wines made from carmenere in Chile and two made with cabernet franc in the Loire Valley of France. This $12 Chilean red is just begging to be paired with grilled meat 2020-06-19T04:00:00Z This bottle, the estate’s workhorse, is 70 percent merlot, 20 percent cabernet franc and 10 percent malbec. A Farmer’s Dozen From Bordeaux 2022-03-31T04:00:00Z Ordinarily, Rubicon is dominated by cabernet, but, depending on the vintage, also has small percentages of petit verdot, cabernet franc and merlot. Inglenook Focuses on the Long Term to Regain Its Glory 2016-04-14T04:00:00Z They ranged from a dry riesling, and even drier cabernet franc, to selections from the “lighthouse series,” semisweet wines that come in a lighthouse-shaped bottle. 36 Hours on Outer Cape Cod 2019-08-08T04:00:00Z For reds, I would consider cabernet francs from the Loire, Chianti and possibly a Pomerol. This Gratin Lets Swiss Chard Do the Talking 2020-03-16T04:00:00Z This is 100 percent cabernet franc, grown on limestone and clay. 20 Wines Under $20: A Little More Money for a Lot More Wine 2019-02-08T05:00:00Z The potentially momentum-pushing event of one theater company member’s winning a million francs in a lottery dissipates when another performer makes off with the cash in the same scene. Review: Jacques Rivette’s 1971 Film, ‘Out 1: Noli Me Tangere’ 2015-11-03T05:00:00Z So would a cabernet franc from the Loire Valley or a gamay from Beaujolais or elsewhere. Sticky, Sweet and Savory Chicken: No Fork Necessary 2021-05-07T04:00:00Z Law planted eight acres that first year, with chardonnay, vidal, seyval blanc, cabernet sauvignon and cabernet franc. Jim Law of Linden Vineyards: The Virginia wine industry's oracle marks 30 years Double rooms with private baths start at 160 Swiss francs. 36 Hours: 36 Hours in Bern, Switzerland 2011-09-08T19:38:53Z Argentina is best known for its malbec, but cabernet does exceptionally well in Mendoza, too — both cabernet sauvignon and in this example, cabernet franc. A $4 bottle of nonalcoholic ‘rosé’ welcomes everyone to the party 2018-04-12T04:00:00Z The ‘Brazil Boat’ event on July 13, music while crossing the lake, is a reasonable 65 francs. Trip Tips: Mozart to Masekela, summer festivals for all tastes 2014-06-20T04:00:00Z This is a bargain-priced red, made entirely of cabernet franc, that combines some Bordeaux style with the freshness and fruitiness of wines from France’s Mediterranean coast. This $12 cabernet franc is one of the best bargains so far this year 2019-09-20T04:00:00Z From one of my favorite Loire Valley producers, and in a terrific ripe vintage, this wine from cabernet franc is delightfully savory, with earthy, mushroomy flavors balanced by black fruit and refreshing acidity. 5 wines to cozy up to in the new year 2016-12-30T05:00:00Z “We are going to overrun the amount of 20 billion Swiss francs,” or $22 billion. A Late Kick Cheers Watchmakers 2013-01-21T12:05:57Z Aged seven years in both Loire Valley cabernet franc and California red wine barrels. Picking an Extra Añejo Tequila Takes Extra Care 2018-04-30T04:00:00Z Dinner for two without wine: about 100 francs. 36 Hours in Basel, Switzerland 2014-01-23T16:48:12Z Our Greatest Value this week is a lithe, agile and vibrant cabernet franc from the Loire Valley in France. Four natural wines to electrify your taste buds, starting at $15 2019-03-29T04:00:00Z In the end, he suggested that I sell the watch online, estimating that I would get 8,000 to 10,000 francs. Selling My Vintage Watch: A Journey in Time 2017-02-20T05:00:00Z Considering the flashy cuisine and unflappable service, you might expect to pay far more, but the current three-course “business lunch” is just 88 francs, without wine. 36 Hours in Basel, Switzerland 2014-01-23T16:48:12Z One is made from pinot noir, the other with cabernet franc. A Study in the Subtleties of Northern Rhône Terroirs 2020-09-03T04:00:00Z From January to November 2010, watch exports grew 22 percent from the level of the previous year, to 14.6 billion Swiss francs, according to the Federation of the Swiss Watch Industry. Special Report: Watches: Tourbillon Returns, Defying Economic Gravity 2011-01-16T22:30:18Z The ’15 Schneider & Bieler cab franc was a gorgeous wine, with flavors of red fruits and herbs, and was lighter than the Long Island versions. He’s in a Cab Franc State of Mind 2020-02-06T05:00:00Z It was roughly 60 percent merlot, 33 percent chardonnay and 6 percent cabernet franc, with small amounts of a few other grapes. How Do You Define Rosé? 2020-07-02T04:00:00Z Tobacco and leather aromas frame a core of dark cherries and plums on this scintillating cabernet franc. This $12 Chilean red is just begging to be paired with grilled meat 2020-06-19T04:00:00Z It’s cabernet franc, with some cabernet sauvignon, and it displays textbook characteristics of Loire Valley reds: dark cherry, black tea, leather and smoke — pipe tobacco, not wildfire — and a peppery finish. Hang on to the summer with this fruity, spritzy $11 rosé 2021-09-02T04:00:00Z From Bordeaux’s right bank, where merlot and cabernet franc dominate the blends, this is a stylish wine appropriate for any hearty red meat dish. 5 affordable — yes — Bordeaux to try 2016-03-12T05:00:00Z Either way, I would have to order a certificate of authenticity from Patek Philippe at a cost of about 100 francs — no big deal. Selling My Vintage Watch: A Journey in Time 2017-02-20T05:00:00Z Mencía resembles cabernet franc in texture and flavor, so fans of red wines from the Loire Valley and Virginia should enjoy this. Looking for an affordable weeknight wine? At $10, this bright, juicy shiraz fits the bill. 2021-08-26T04:00:00Z A stylish splurge, with cabernet sauvignon’s rich, velvety texture and black currant flavors, spiced up with white pepper from 20 percent cabernet franc in the blend. These 5 great kosher wines are perfect for your Passover table, or anytime 2018-03-16T04:00:00Z I look in awe at her copy of Manet's A Bunch of Asparagus, the painting for which critic-collector Ephrussi overpaid 200 francs. How easy is it to copy a famous painting? 2013-07-22T07:00:09Z Moreover, one million francs, here or there, was not about to break the bank. Picasso's politics 2010-05-07T23:09:00Z The same cautions hold true for reds: I’d consider cabernet francs from the Loire intended for early drinking. This Weeknight Chicken Recipe Has Mass Appeal 2021-09-24T04:00:00Z There’s plenty of wine to wash it all down with, of course, whether it’s a citrusy sauvignon blanc or, my favorite, the “Four Seasons” blend of cabernet sauvignon, syrah, cabernet franc and merlot. A solo pilgrimage to the Napa of Northern Israel 2019-09-05T04:00:00Z Stylish and polished, Barboursville’s cab franc is consistently riper and fuller than most from Virginia. 4 wines to try this week 2015-02-13T05:00:00Z From the Gaillac region of southwestern France, this wine will appeal to lovers of Loire Valley cabernet franc — it features similar bing cherry and smoky leather flavors. 5 celebration-worthy holiday pours 2014-12-11T05:00:00Z Yet another side of cabernet franc, this one comes from Wölffer Estate on the South Fork of Long Island. 20 Wines Under $20: Reds for Winter Moods and Foods 2017-01-12T05:00:00Z Current releases include delicious chardonnay and cabernet franc from Quaker Run Vineyard, a leased property in the Blue Ridge foothills. There are more good rosés than ever, including a Virginia stunner 2018-05-17T04:00:00Z Yet the money given to L’Usine is miniscule compared to some 230 million Swiss francs set aside each year for culture in Geneva, one of the most generous cities for such activities in Europe. The Counterculture Pushes Back 2011-02-22T13:30:04Z They speak to something about cabernet franc that, if not exactly polarizing, does not universally please no matter how beautifully executed the wines may be. The Beauty of Saumur Champigny, Not Always Appreciated 2018-10-25T04:00:00Z Maria Riva writes that her mother wrote about her life “at the drop of a franc,” always eager to tackle “the real love of her life,” herself. Marlene Dietrich’s Marginalia 2016-12-26T05:00:00Z "The Merry Widow": Light Opera Works presents the Viennese operetta about the widow Hanna, who has 20 million francs in her checking account and a big invite to the ball. Save the Seats 2014: We've got your ticket for New Year's Eve 2014-12-26T05:00:00Z Christie's, celebrating its 250th anniversary, netted nearly 97 million Swiss francs with 77 percent of 217 lots sold, against 110 million francs a year ago. Pink diamond nets $18 million in 'healthy' market: Christie's 2016-11-15T05:00:00Z Its pre-sale estimate was 16 million Swiss francs to 18 million. Pink diamond nets $18 million in 'healthy' market: Christie's 2016-11-15T05:00:00Z In January, Nick Hayek, chief executive of Swatch, the world’s biggest watchmaking group, scathingly attacked “speculators,” which he described as banks and investment funds, that pushed up the Swiss franc. Special Report: A Cut Above: Watches: For Watchmakers, the Trick Is Keeping Prices in Sync 2011-03-25T16:01:32Z It was in this year that Gainsbourg burned a 500 franc note live on French TV in a protest against heavy taxation. Serge Gainsbourg's 20 most scandalous moments 2011-02-28T12:10:13Z Reds typically are blends with a majority of merlot, along with varying amounts of cabernet sauvignon, cabernet franc and malbec. Why you should go for the Bordeaux that aren’t collector’s items 2016-03-12T05:00:00Z Shiraz, which is not a bordeaux grape, actually is the main component of the blend, along with the five traditional bordeaux grapes of cabernet sauvignon, merlot, malbec, petit verdot and cabernet franc. This $12 Chilean red is just begging to be paired with grilled meat 2020-06-19T04:00:00Z “Even the smugglers,” he writes, “bandits who would commit a crime for five francs, refused to venture into the foothills in any rescue party: ‘We’d be risking our lives up there,’ they said. Taking to the skies in Antoine de Saint-Exupéry’s ‘Wind, Sand and Stars’ 2021-04-01T04:00:00Z Then U.S. president Reagan was shown in one episode talking about two guys named Frank and Marc, having not understood that the topic was the currency rates of the French franc and German mark. Weather reports from Greta Thunberg as cult UK show 'Spitting Image' returns 2020-03-04T05:00:00Z Add another 10 to 20 Swiss francs if you want to pull a James Bond and ski over the border to Italy. 36 Hours in Zermatt 2020-03-05T05:00:00Z The Finger Lakes region of New York is a source for superb rieslings, and fresh, crunchy cabernet francs. Last-Minute Buys for Thanksgiving Wines 2017-11-16T05:00:00Z This cabernet franc is a great example of what the region can accomplish with red grapes. 3 white wines big enough for fall drinking 2017-09-22T04:00:00Z I would not opt for a red, but if you do lean that way, I’ve found that fresh cabernet francs and Beaujolais-Villages will match the bold flavors in this dish. The Art of Making Thai Noodles, Far From Thailand 2022-03-17T04:00:00Z Vintners are already responding by using more cabernet sauvignon and cabernet franc in their blends. Climate change is reshaping wine as we know it 2019-06-06T04:00:00Z Among reds, cabernet francs from the Finger Lakes tend to be light and fragrant. When ‘Drinks’ Is the Only Box Left Unchecked 2019-11-21T05:00:00Z If you want a red, an easygoing cabernet franc from the Loire or a Beaujolais-Villages would do, lightly chilled. The Best Way to Eat Grilled Salmon 2020-05-29T04:00:00Z Fans of cabernet franc from the Loire Valley or Virginia will not find it familiar — in fact, this wine resembles an Australian shiraz in style and texture. A bargain cab franc plus 3 more wines to try 2015-01-12T05:00:00Z The Loire Valley in France produces some delicious red wines from cabernet franc grapes. This stunning Loire Valley cabernet franc will set you back just $20 2019-11-01T04:00:00Z A two-course dinner for two is about 120 Swiss francs, including wine. 36 Hours in Zermatt 2020-03-05T05:00:00Z According to the Federation of the Swiss Watch Industry, the number of watches exported fell by 4.4 million, with the total value of exports dropping 22 percent to 13.2 billion Swiss francs, or $12.2 billion. Special Report: Watches: Swiss Makers Reward the Chinese Market 2010-03-17T20:20:00Z Hailing from the Right Bank, this delightful blend of merlot and cabernet franc is savory and delicious, with flavors of dark plum, cherry and earth. This $14 red wine proves a good bordeaux doesn’t have to cost a lot 2020-03-13T04:00:00Z An average meal for two, without tips or drinks, is about 130 Swiss francs, about the same in U.S. dollars. Geneva + Peru + Japan = Deliciousness 2018-09-01T04:00:00Z Les Granges is the introductory bottle, made from young cabernet franc vines, farmed organically, and intended for early drinking. 12 Wines for Thanksgiving and Beyond 2021-11-15T05:00:00Z Also this week, we have an outstanding cabernet franc from Argentina, two whites and a rosé from southern France, ideal for your patio dinners as the weather finally warms up. A $4 bottle of nonalcoholic ‘rosé’ welcomes everyone to the party 2018-04-12T04:00:00Z At the singer's request, Sullivan solicited the TV audience to donate to Hungarian relief efforts – raising about 25m Swiss francs, according to Tarlos. Elvis Presley to be named honorary citizen of Budapest 2011-03-03T12:01:26Z She assured me that the cost of the conditioning, which I would have to pay, would be much less than 11,500 francs, but she couldn’t say how much less. Selling My Vintage Watch: A Journey in Time 2017-02-20T05:00:00Z “At least everybody knows everyone who lives here — the tourists who come in for a look at the city and a taste of its delights don’t count, except to have francs taken off them.” A New Taste of Marrakesh 2018-10-08T04:00:00Z Fans of Virginia cab franc should try it and make quality and price comparisons. Here’s proof you can get good, affordable wine from Virginia 2018-09-28T04:00:00Z This blend of 70 percent merlot and 30 percent cabernet franc is rich and ripe with cherry, plum and blackberry fruit and a lush texture to carry all that fruit. The 12 best wine bargains of 2017 are cheap without tasting like it 2017-12-27T05:00:00Z Two years after the artist’s show at the Met, Brad Pitt purchased one of his paintings for 1 million Swiss francs, about $970,000 at the time. A German Painter’s New Rule: ‘Never Answer a Critic’ 2020-10-22T04:00:00Z But Argentina, the Mendoza region in particular, also produces fantastic chardonnay, cabernet sauvignon and cabernet franc, wines that tend to be overcrowded on the market by competitors from elsewhere around the world. This bursting-with-fruit wine can start your next party, for only $13 2019-02-08T05:00:00Z A two-course dinner and drinks for two is about 100 Swiss francs. 36 Hours in Zermatt 2020-03-05T05:00:00Z He, too, sold his creation to a friend — for 2 francs. In Switzerland, a musician searches for the ‘Holy Grail’ of instruments 2015-03-16T04:00:00Z Switzerland's central bank shocked financial markets on Thursday by scrapping a three-year-old cap on the franc and sending the currency soaring against the euro. Basel to increase trams to Germany as Swiss shoppers seek bargains 2015-01-16T05:00:00Z And every weekend I used to save 30 or 40 francs to buy myself the most amazing fillet. Gordon Ramsay gets his hands dirty for new travel food show 2019-07-30T04:00:00Z This herbal quality is very much a part of the cabernet franc identity. The Beauty of Saumur Champigny, Not Always Appreciated 2018-10-25T04:00:00Z Plenty of other reds would work, whether a cru Beaujolais, nebbiolo with some age, cabernet franc from the Loire or a Rioja. Roast Chicken and Plums Make the Sweetest Sheet-Pan Meal 2020-09-04T04:00:00Z And translating pounds to grams, dollars to francs and English to French turns asking the butcher for a filet of lamb into a calculus-level endeavor with the potential to seriously offend. Global cooking: Inspired by boredom, and a move to Switzerland Law’s premier red blend, made of cabernet sauvignon, merlot, petit verdot and cabernet franc grown at his home vineyard, seems to be getting better every vintage. Six Linden Vineyards wines to try Naturally, Eraste believes he will soon have his hands on his uncle’s million francs. Theater Review: ‘The Heir Apparent,’ by Way of David Ives 2014-04-10T02:00:01Z Barboursville’s Octagon drove vintners away from cabernet franc and toward more complex blends of various Bordeaux varieties for the state’s signature reds. A sparkling wine that has shed locavore light on some of Virginia’s finest vineyards 2014-12-11T05:00:00Z As with riesling, focusing on cab franc is not at all a marketing no-brainer. Cabernet Franc and the Finger Lakes: Made for Each Other 2017-11-09T05:00:00Z The le Puy, by contrast, is mostly merlot grown on clay and limestone, with some cabernet franc and cabernet sauvignon. Come for the Values, Stay (or Leave) for the Vintage 2018-03-01T05:00:00Z In California, cabernet franc typically ends up as a minor player in a big red blend dominated by cabernet sauvignon. 5 wines to try, complete with a challenge 2016-09-17T04:00:00Z When we think of Virginia and Maryland, we savor the cabernet franc, salivate over petit verdot and nod in appreciation over the Bordeaux blends. Visit a local winery, bring home bottled adventure 2016-06-18T04:00:00Z He planned a triumphal return to Europe from his first trip to Tahiti, but walked off the boat with just four francs in his pocket. Paul Gauguin: guilty as charged 2010-09-27T20:31:00Z The rewards might be a warm-spiced cabernet franc from the Loire Valley and loose coffee pastry cream puddled in a chocolate tart brushed with espresso syrup. Tom Sietsema’s 8 favorite places to eat right now 2021-01-25T05:00:00Z Tickets for Williams' show on July 7 will cost either 135 or 370 Swiss francs. Stevie Wonder, Pharrell Williams head line-up at Montreux Jazz 2014-04-03T13:58:24Z Monet paid 6,750 francs for it, a record for a Cézanne at the time. A Glimpse Inside Claude Monet’s Private Art World 2017-09-08T04:00:00Z On Thursday, shares in MCH Group AG were priced at 13.40 francs on the SIX Swiss stock exchange, a decline of 55 percent of the stock’s price in December. Art Basel Shifts to September Amid Coronavirus Concerns 2020-03-26T04:00:00Z The SNB, which declined to comment on Monday, is also likely to tolerate a slightly stronger Swiss franc, especially after Switzerland appeared on a U.S. SNB seen on sidelines as virus fears push Swiss franc to near three-year high 2020-01-27T05:00:00Z This Bourgueil, made of cabernet franc, demonstrates how good a relatively simple wine can be when produced conscientiously. 20 Under $20: Beckoning Bottles in the Dead of Winter 2022-01-13T05:00:00Z This doesn’t mean he was well-to-do: In his younger days he would hawk his poetry collections in cafes to earn a few francs. Review | Who was Max Jacob? A poet, friend of Picasso and, a new biography shows, a man who defied easy labels 2020-10-21T04:00:00Z And the Loire Valley is our final stop, with a thrilling chenin blanc and a savory cabernet franc that are worth a little splurge. This exceptional chianti is like a trip to Tuscany for just $16 2019-02-28T05:00:00Z Here’s a Bordeaux-style blend of cabernet sauvignon, merlot and cabernet franc that shows American exuberance and style with ripe, sweet flavors of blackberries and cherries and a hint of dark chocolate on the finish. Upgrade your July Fourth cookout with these 3 red wines, each under $25 2021-06-24T04:00:00Z Some readers overcame negative expectations of cabernet franc and found something in the wines to embrace. The Beauty of Saumur Champigny, Not Always Appreciated 2018-10-25T04:00:00Z The 2019, 60 percent merlot, 30 percent cabernet franc, 8 percent cabernet sauvignon and 2 percent petit verdot, is pure with a delicate, inviting texture, though the tannins are still fairly firm. A Farmer’s Dozen From Bordeaux 2022-03-31T04:00:00Z Watch exports from Switzerland reached a record 17.7 billion Swiss francs, or $18.6 billion, in sales in the first 11 months of 2011, according to the Federation of the Swiss Watch Industry. Special Report: Watches: Lots of Novelties Heading to Geneva Show 2012-01-16T13:09:03Z The pre-sale estimate, set by the auction house, was 15 million Swiss francs. Swiss pocket watch nets world record $24 million: Sotheby's 2014-11-11T05:00:00Z As we tasted through the 20 bottles, a clear profile of Finger Lakes cabernet franc emerged. Cabernet Franc and the Finger Lakes: Made for Each Other 2017-11-09T05:00:00Z The third is a textbook cabernet franc from France’s Loire Valley. This $10 Argentine red is ready to mingle with steak or burgers 2020-08-14T04:00:00Z The Swiss franc has surged, complicating the export picture. Baselworld, Where the Watch Is Still the Greatest Gadget 2015-03-27T04:00:00Z Cabernet francs from the Finger Lakes of New York would be delicious, as would cabernet francs in an easygoing style from the Loire Valley of France. The Birria Boom Is Complicated, but Simply Delicious 2021-02-08T05:00:00Z This week’s recommendations include two from Walmart’s excellent Winemakers Selection line of private labels: a cabernet franc and a bubbly rosé, both from France. Here’s proof you can get good, affordable wine from Virginia 2018-09-28T04:00:00Z At the heart of this consensus was the gold standard, the strongly held belief that it should be possible to exchange pounds, dollars, marks or francs for gold at a fixed exchange rate. What the 21st century can learn from the 1929 crash | Larry Elliott 2017-03-04T05:00:00Z There, he met David Lillie, a wine buyer who introduced him to cabernet francs from the Loire Valley. He’s in a Cab Franc State of Mind 2020-02-06T05:00:00Z Then they would photograph it and put it on their site, with a reserve price of 5,000 francs. Selling My Vintage Watch: A Journey in Time 2017-02-20T05:00:00Z It’s a blended wine, 90 percent cabernet franc and 10 percent malbec. 20 Reds Under $20: Where the Values Live, for Now 2020-01-30T05:00:00Z The blend is 70 percent merlot, 30 percent cabernet franc. A stellar riesling and 4 other wines to help you start the new year right 2019-12-26T05:00:00Z The breakfast, served in L’Unico, cost a whopping 39 Swiss francs but offered only the standard omelet stations, cheeses, meats and bread. In Zurich, a Hawaiian-Themed Hotel With Kitsch to Spare 2016-08-05T04:00:00Z Back then, cabernet franc on Long Island was typically used as a blending wine, supplementing merlot or cabernet sauvignon. He’s in a Cab Franc State of Mind 2020-02-06T05:00:00Z This is a blend of seven parts semillon and three parts cabernet franc, two grapes that rarely see bubbles. 5 wines that can pair well with the variety of dishes on your Thanksgiving table 2019-11-21T05:00:00Z The tempranillo and sumoll give it a distinctly Spanish accent compared to cab francs from Virginia or Maryland — more mineral and earthy, less fruity. Chill with these 5 warm-weather wines 2017-05-05T04:00:00Z Cabernet franc from the Loire Valley in France tends to be earthier and more energetic in flavor and texture. This $12 Chilean red is just begging to be paired with grilled meat 2020-06-19T04:00:00Z In texture and taste, it resembles a cabernet franc from the Loire Valley in France. Why should you get to know Georgian wines? Because they’re exciting. 2015-08-29T04:00:00Z It reminded me of a top Loire cabernet franc, with leathery, herbal and meaty flavors, and hints of leather, musk, sage, boxwood and rosemary. A stellar riesling and 4 other wines to help you start the new year right 2019-12-26T05:00:00Z The wine from the clay soil was light ruby in color, with straightforward flavors of bell pepper and bing cherry — flavors familiar to fans of Virginia cabernet franc. Does the vineyard’s dirt really affect the taste of what’s in your glass? 2016-01-15T05:00:00Z Fans of Virginia’s cabernet franc wines should taste this beauty from France’s Loire Valley. This $10 Argentine red is ready to mingle with steak or burgers 2020-08-14T04:00:00Z Last year, MB&F had revenue of 6.5 million Swiss francs, and this year Mr. Büsser said he expected revenue of 7 million francs. Special Report: A Cut Above: Watches: Retail Strategy Keeps MB&F in Demand 2010-11-26T07:50:00Z Along with those rows of gamay, they have planted some pinot noir, also uncommon in a region dominated by cabernet franc and other Bordeaux varieties. Can Maryland produce an iconic red wine? One maker is determined to find out. 2019-05-10T04:00:00Z Basel is to lay on extra trams on Saturday to cope with high numbers of Swiss shoppers expected to travel to Germany to profit from the strong Swiss franc. Basel to increase trams to Germany as Swiss shoppers seek bargains 2015-01-16T05:00:00Z A note demanded a million Belgian francs, a massive sum at the time, for the panel's return. Art's perfect theft: the `Ghent Altarpiece' 2012-11-19T10:46:03Z Bordeaux, the other major source of cabernet franc wines, wielded far more influence over the American wine trade back then, and Mr. Schneider was no exception, despite his affinity for Loire cabernet francs. He’s in a Cab Franc State of Mind 2020-02-06T05:00:00Z Octagon is Barboursville’s flagship red blend, based on merlot and cabernet franc. Did you hear that 2018 has been a terrible year for winemakers? Don’t believe it. 2018-11-01T04:00:00Z This Bourgueil, made entirely of cabernet franc and from an estate founded almost 400 years ago, is beautifully detailed and fresh, with earthy, smoky flavors of red fruit and flowers. 20 Wines Under $20: Reds for Winter Moods and Foods 2017-01-12T05:00:00Z Côt, pronounced coe, is the local Loire Valley name for malbec, and this wine is made in a Loire style, lighter on its feet than many Bordeaux-style cab francs, not to mention North Fork renditions. 20 Reds Under $20: Where the Values Live, for Now 2020-01-30T05:00:00Z He agreed with Miró's dealer to pay 5,000 francs for it, which, he recalled, "was four thousand two hundred and fifty francs more than I had ever paid for a picture..." A life in paintings 2011-03-20T00:08:06Z The cabernet franc I last enjoyed was long gone when I went on the Finger Lakes search. Cabernet Franc and the Finger Lakes: Made for Each Other 2017-11-09T05:00:00Z Where it’s from: Cabernet sauvignon is the progeny of cabernet franc and sauvignon blanc, two grapes still prominent today. 5 things you need to know about cabernet sauvignon 2019-02-15T05:00:00Z On the palate, this cabernet franc brims with flavors of dark fruit, spice and black olives, with the electric quality wine lovers often call “tension.” This $12 Chilean red is just begging to be paired with grilled meat 2020-06-19T04:00:00Z Germany’s rieslings and the Loire Valley’s cabernet francs are enjoying more reliable harvests, year after year, than they were even a decade ago. Climate change is reshaping wine as we know it 2019-06-06T04:00:00Z This is a “Right Bank” Bordeaux, meaning it is based on merlot and cabernet franc, and it is a wonderful vintage. 5 wines to try this week 2017-03-10T05:00:00Z On the Right Bank, farther inland, merlot and cabernet franc are the main grapes. Bordeaux is the original ‘wine blend,’ but it’s more contemporary and affordable than you might think 2020-03-13T04:00:00Z Lunch for two, 40 to 100 Swiss francs. 36 Hours in Zermatt 2020-03-05T05:00:00Z He called it Le Breton, a Loire synonym for cabernet franc, and, unlike his blended cab francs, which received prolonged barrel age, the Breton was bottled before the next harvest. He’s in a Cab Franc State of Mind 2020-02-06T05:00:00Z But the most surefire role is Ms. Kayden’s as the wily Suzette, who coolly demands a few more hundred francs every time she is asked to undertake some preposterous new role in the confused shenanigans. Theater Review: ?Don?t Dress for Dinner? at American Airlines Theater 2012-04-27T02:00:01Z Christie’s also does not specify a reserve price for watches valued at less than 10,000 francs, Ms. Kegel later told me in an email. Selling My Vintage Watch: A Journey in Time 2017-02-20T05:00:00Z The negative interest rate and currency interventions are the main tools the central bank uses to keep a lid on the franc, whose strength hurts Switzerland’s export-reliant economy. SNB seen on sidelines as virus fears push Swiss franc to near three-year high 2020-01-27T05:00:00Z This is his first cabernet franc, and it’s gorgeous. 10 New York State Wines to Drink Now 2021-04-22T04:00:00Z This medium-pink rosé, made from cabernet franc, starts with a peppery attack, then mellows to ripe melon flavors over a refreshing, satisfying finish. Try wines that are good for you, and good for others 2017-06-09T04:00:00Z This bottle is a classic Médoc blend, mostly cabernet sauvignon, with merlot and a small percentage of cabernet franc. A Farmer’s Dozen From Bordeaux 2022-03-31T04:00:00Z My bill for two huge meals, two beers, a bottomless glass of milk, spiked coffee and the night came to less than 50 Swiss francs. The Swiss Alps on an Electric Bicycle 2011-08-26T19:00:31Z The 15 wines by the glass include a bright unoaked chardonnay and a lightly peppery cabernet franc that flatters the menu’s bolder dishes. Review | Ana at District Winery pairs good food with fine drinks — and a sweet view 2017-10-30T04:00:00Z Although it received new orders worth 3 million francs from Hublot, it laid off 60 employees, 40 percent of its work force. Special Report: Watches: After Its Meteoric Rise, BNB Winds Down Just as Quickly 2010-03-17T20:30:00Z Across its five acres of vines, pearl-sized grapes like cabernet franc are plumping up in the soft, salty air. 36 Hours on Outer Cape Cod 2019-08-08T04:00:00Z Dinner for two with wine, about 120 Swiss francs. 36 Hours in Lugano 2018-09-13T04:00:00Z This year's budget is 25 million Swiss francs for the event that draws some 250,000 fans to the lakeside resort. Stevie Wonder, Pharrell Williams head line-up at Montreux Jazz 2014-04-03T13:58:24Z If you prefer a red, I would opt for something on the lighter side, like a Beaujolais, inexpensive cabernet franc from the Loire or a Ribeira Sacra from the Galicia region of Spain. Charcuterie With All of the Smoke but None of the Meat 2020-08-24T04:00:00Z How would he then find the 20 francs he needed to retrieve his dinner jacket from the pawn shop in time for Fraulein Liepmann's party? Digested classic: Tarr by Wyndham Lewis 2010-06-04T10:05:00Z At his death in 1813 in a retirement home, Gouthière’s estate — only small items of furniture — was valued at 41 francs, a negligible sum even two centuries ago. Our Midas Moment, From Galleries to Artisans 2016-12-22T05:00:00Z He has a revenue goal of 10 million Swiss francs over the next three to five years. Special Report: A Cut Above: Watches: Retail Strategy Keeps MB&F in Demand 2010-11-26T07:50:00Z This blend is also based on merlot, with some cabernet sauvignon and a soupçon of cabernet franc. Hang on to the summer with this fruity, spritzy $11 rosé 2021-09-02T04:00:00Z Cabernet franc wines are legendary for them, although they are much rarer today in the era of climate change and improved viticulture. In Trying Times, 20 Wines Under $20 That Revive and Restore 2020-10-15T04:00:00Z Its outstanding liabilities, including unpaid salaries and mortgages, exceeded 30 million francs. Special Report: Watches: After Its Meteoric Rise, BNB Winds Down Just as Quickly 2010-03-17T20:30:00Z It’s made entirely from cabernet franc, which is unusual for Sonoma County, where pinot noir reigns in rosé. Food-friendly wines to pair with your Thanksgiving dishes 2020-11-20T05:00:00Z The 2017 Peynaud-Bagnac, a blend of 65 percent merlot, 30 percent cabernet sauvignon and 5 percent cabernet franc, is textbook Bordeaux, with black fruit flavors and a mineral note commonly called graphite or pencil shavings. Snag this juicy, French white wine for just $9 2019-09-27T04:00:00Z Singles are around 200 Swiss francs; doubles start at 300. Zurich, for a Song 2010-09-24T18:42:00Z Ephrussi sent him 1,000 francs, so Manet painted this extra stalk and sent it off with a note: "There was one missing from your bunch." How easy is it to copy a famous painting? 2013-07-22T07:00:09Z The club overlooks the plein-air ice-skating rink in the Olympic Park, which offers skate rentals for 22 Swiss francs. 36 Hours in St. Moritz 2019-01-31T05:00:00Z Mencia is a grape that was mistaken for cabernet franc for a while, before DNA testing debunked that idea. Five wines to try this week 2015-02-27T05:00:00Z Dinner for two without wine: about 150 francs. 36 Hours in Basel, Switzerland 2014-01-23T16:48:12Z This blend of 70 percent merlot and 30 percent cabernet franc is rich and ripe with cherry, plum and blackberry fruit — and a lush texture to carry all that fruit. 5 wines you’ll want to pour right now 2017-02-11T05:00:00Z Hong Kong remained by far the biggest importer by value, at 3.6 billion Swiss francs, up 29 percent. Special Report: Watches: Lots of Novelties Heading to Geneva Show 2012-01-16T13:09:03Z One of those importers is G&B Wines, based in Maryland, which brings in an $11 cabernet franc and a $16 sparkling rosé, both from France, for the W series. Perspective | Walmart’s new line of wines is just the juice that bargain-hunting Americans need 2018-09-28T04:00:00Z On the warmer, inland Right Bank, merlot and cabernet franc dominate the blends. 5 things you need to know about cabernet sauvignon 2019-02-15T05:00:00Z Seeking a deeper understanding of Finger Lakes cabernet franc, the wine panel recently tasted 20 bottles primarily from the 2014 and ’15 vintages, with one ’16 thrown in. Cabernet Franc and the Finger Lakes: Made for Each Other 2017-11-09T05:00:00Z Cabernet franc from the Loire Valley often tastes of smoke and leather, a quality I call “Grandpop’s library.” 5 wines to round out your summer and bring on Labor Day 2017-08-24T04:00:00Z Cabernet franc became a local darling for Virginia in the 1990s, but now petit verdot is vying to become the commonwealth’s premier red wine. D.C. area vintners’ pioneering spirit yields a greater variety of grapes Hard Row to Hoe, known for a cabernet franc with whiffs of spice and chocolate, opened in 2006, though it did so under the less-than-memorable name of Balsamroot Winery and Vineyard, Ms. Phelps said. A Wine Region Flourishes in Central Washington 2014-09-17T04:00:00Z The price was 16,000 francs, though, far too low, Mr. Nahmad says, for a large work in oil by Modigliani, even then. Owner of a Modigliani Portrait Is Adamant the Work Isn’t Nazi Loot 2016-06-12T04:00:00Z This one, while light in body, offers textbook flavors of cabernet franc: black cherry, white pepper, a hint of tobacco leaf. Two attention-getting gruners and three other lively wines to try 2017-01-13T05:00:00Z Extending the logic of the diner transaction, he painstakingly reproduced British pounds, Swiss francs and American dollars, with quirky deviations. J.S.G. Boggs, Artist, Dies at 62; He Made Money. Literally. 2017-01-27T05:00:00Z On a large screen at the front prices are listed in various currencies: British pounds and US dollars, euros, Swiss francs and rubles. Auctioning off utopia 2013-07-14T22:00:00Z He gave a million francs to striking miners. Picasso: War, peace and a life of extremes 2010-05-19T20:29:00Z Northern Rhône syrahs are beautiful with chicken, as is pinot noir or cabernet franc with duck. Five Common Wine Myths, Debunked 2017-10-12T04:00:00Z If you say yes again, the next time you meet he will ask if you might lend him a few pounds, a few liras, a few francs. Imagined Meetings With Joyce, Dickens, Hardy, and Lawrence 2015-09-15T04:00:00Z No spirit has had quite the reputation, though perhaps whiskey and country songs would give it a run for its francs. The folklore-filled history of absinthe 2023-03-11T05:00:00Z If you prefer a red, look for fresh wines, like Beaujolais or easygoing Loire cabernet francs. These Garlic Noodles Cross Cultures, but Are Deeply San Franciscan 2022-03-04T05:00:00Z Either way, producers of cabernet sauvignon and cabernet franc around the world, and particularly in California, dread any herbal hints — which they demean as “green” — in their wines. The Beauty of Saumur Champigny, Not Always Appreciated 2018-10-25T04:00:00Z It actually reminded me of Loire Valley cabernet franc, featuring some of the smoky, leathery quality I call “grandpop’s library,” but with the body and fruit of a nice pinot noir. 5 wines that are a steal at under $20 2018-11-22T05:00:00Z Depending on the vintage, this wine can be anywhere from 20 percent to 50 percent cabernet franc, with the rest merlot. A Farmer’s Dozen From Bordeaux 2022-03-31T04:00:00Z If you want a red wine, I would try a Loire Valley cabernet franc. Putting the Fried in Fried Rice 2020-02-21T05:00:00Z The city estimates that it provides at least 1 million Swiss francs a year in support, and L’Usine continues to occupy its space rent free. The Counterculture Pushes Back 2011-02-22T13:30:04Z She also makes a savory cabernet franc and dense, floral garnacha, fermented and aged partly in amphora. The Grape From Manchuela 2018-06-21T04:00:00Z “Forgive me, but could you lend me 20 francs until the end of the month,” he pleaded. John Adams on Debussy, the First Modernist 2018-11-19T05:00:00Z Technically, it stands for “0 francs,” because when we started 0fr, the franc was still our currency. | Alexandre Thumerelle 2011-01-04T19:14:52Z This blend of merlot, cabernet sauvignon and cabernet franc offers flavors of cherries and blackberries, plus some white pepper spice once the wine opens up. 5 wines to help you say goodbye to summer 2017-09-08T04:00:00Z Here’s a fun comparison: Track down the two cabernet franc wines listed below: one of Virginia’s best and a rare example from California. 5 wines to try, complete with a challenge 2016-09-17T04:00:00Z This blend is based on cabernet franc, with malbec, syrah and merlot — oh, and a dose of pinot noir thrown in for extra interest and an intriguing balance of bold fruit and acidity. At just $10 a bottle, this rosé will make you want to buy a case 2018-04-19T04:00:00Z Back in the winery, we tasted two vintages of cabernet franc, 2013 and 2014, made from grapes grown in each soil type. Does the vineyard’s dirt really affect the taste of what’s in your glass? 2016-01-15T05:00:00Z The cabernet franc is spicy and rich, great to enjoy with charcuterie or grilled meats. Where to try Finger Lakes Riesling, cab franc and brut 2015-09-11T04:00:00Z “I bet that not one-third of viewers would give one Deutsche mark, one Swiss franc, seven Austrian schillings for the people suffering in the Sahel region,” he said, referring to the drought-prone region of Africa. Karlheinz Böhm, actor and aid worker, dies at 86 This red, from the Bourgueil region of the Loire Valley, is made with cabernet franc grown organically in soils of clay and sand. 20 Wines Under $20: Plenty of Variety and Not One Chardonnay 2018-05-17T04:00:00Z They found a 1,500-square-foot house east of Zurich, 25 minutes away by train, for 2.1 million francs and plan on moving in after they finish renovating the place. In Switzerland, most people rent for life. Is that really by choice? 2023-11-11T05:00:00Z The Foundation Langmatt had said it had hoped to sell as only many of the three paintings as required to reach its target of 40 million Swiss francs. Swiss museum in financial straits sells three Cézannes for $53 million 2023-11-10T05:00:00Z The safe haven Swiss franc has been the best performing major currency against the dollar since Oct. Middle East conflict: Have markets really moved on from fear? 2023-11-10T05:00:00Z Two years ago, that same watch sold at auction for 2 million Swiss francs. Vivid blue diamond sells for nearly $44 mln at Christie's auction 2023-11-07T05:00:00Z These persist notably with the CFA franc currencies, that are tethered to the French treasury, and via cultivating close bonds with ruling elites. Why does France have military bases in Africa? 2023-11-05T04:00:00Z In addition to the down payment of 300,000 francs, which their families helped pay for, they financed the purchase with three separate loans of eight-, 10- and 12-year durations. In Switzerland, most people rent for life. Is that really by choice? 2023-11-11T05:00:00Z The Swiss franc, however, which was a beneficiary of a flight-to-safety bid in October, has weakened this week. Euro, pound set for biggest weekly gains since July, U.S. payrolls loom 2023-11-03T04:00:00Z The worst performing G10 currencies for the week have been the havens of Japanese yen and the Swiss franc as investors have sought out riskier assets. Stocks set for strongest week of 2023 on interest rate cheer 2023-11-03T04:00:00Z The crisis has also added to uncertainty in financial markets in America and beyond, boosting demand for "safe-haven" assets like gold, U.S. government bonds and the Swiss franc. Insight: Iran's quandary: How to stay out of Israel's war on Hamas 2023-10-22T04:00:00Z In currencies, the Swiss franc, a longstanding safe haven asset, stands near its highest level against the euro since 2015. Wall St Week Ahead Investors seek shelter as U.S. stocks grow more turbulent 2023-10-20T04:00:00Z He is paying 6,000 francs a month to rent his apartment on a hill above the Gold Coast, the lakeside mansions blessed with evening sun. In Switzerland, most people rent for life. Is that really by choice? 2023-11-11T05:00:00Z Enter the Swiss franc, a longstanding safe haven asset that just hit its highest level against the euro since 2015 , standing tall as its traditional rivals lose appeal. Analysis: Swiss franc shines as investors scramble for safe assets 2023-10-20T04:00:00Z War in the Middle East has sparked a push into safe-haven assets such as gold and the Swiss franc , but trading in Treasuries has been dominated by the rate outlook. Dollar rebuffed from 150 level vs yen after Powell/Treasuries double-whammy 2023-10-20T04:00:00Z Demand for safe-havens has boosted the dollar, pushing it towards 150 yen, and the Swiss franc, which on Friday posted its best day against the euro since January. How Middle East tension could ripple through markets 2023-10-18T04:00:00Z "Relatively speaking, global funds are still flowing into the dollar, yen and Swiss franc and pound, with many people describing the moves as 'textbook-style' moves," he said, referring to safe-haven flows. Japan's yen still perceived as safe-haven asset - MOF's Kanda 2023-10-16T04:00:00Z The yen is still perceived as a safe asset along with the Swiss franc and U.S. dollar, Kanda added. Safe-haven dollar steady near one-week high on Middle East conflict 2023-10-16T04:00:00Z Other than U.S. dollar cash, only the Swiss franc and gold remained as options, Ielpo said. Analysis: Swiss franc shines as investors scramble for safe assets 2023-10-20T04:00:00Z The Swiss franc was last a touch lower against the euro at 0.944. Dollar rebuffed from 150 level vs yen after Powell/Treasuries double-whammy 2023-10-20T04:00:00Z The Swiss franc had been set to strengthen for the seventh successive session, the longest streak since July 2020. Dollar gains after US consumer prices rise more than expected 2023-10-12T04:00:00Z This included a 148 million franc hit from converting foreign currencies into Swiss francs. Givaudan sales dragged by currency effects, still weak North America 2023-10-12T04:00:00Z The Swiss franc has also gained and was edging higher at 0.9045 to the dollar. Dollar slips as dovish Fed speak dials down rate expectations 2023-10-10T04:00:00Z The euro dropped to 0.9419 francs on Friday, its lowest since the Swiss National Bank scrapped the franc's peg to the euro in January 2015, down about 2.4% against the currency so far this month. Analysis: Swiss franc shines as investors scramble for safe assets 2023-10-20T04:00:00Z Treasuries and other highly-rated government bonds, gold and the Swiss franc, at the expense of riskier assets like emerging markets. Morning Bid: Watch safe havens and oil 2023-10-08T04:00:00Z Credit Suisse reported net asset outflows of 39 billion francs in the second quarter. UBS pays bumper rates on deposits to repair Credit Suisse outflows -sources 2023-10-04T04:00:00Z Givaudan's taste and wellbeing unit, which sells food and beverage extracts and makes up 53% of its revenue, saw its sales drop 7.3% in Swiss francs in the nine month period. Givaudan sales dragged by currency effects, still weak North America 2023-10-12T04:00:00Z Credit Suisse also upped its provisions to cover potential losses from litigation to 1.48 billion Swiss francs. Credit Suisse sees Q3 loss of $1.6 bln from reclassifying loans 2023-09-29T04:00:00Z The dollar has weakened around 1% against the franc this week, and is set for its biggest weekly drop since July . Analysis: Swiss franc shines as investors scramble for safe assets 2023-10-20T04:00:00Z The biggest outflow happened in the wealth management business, where 74 billion francs in assets was withdrawn, with money being withdrawn across all regions. Credit Suisse expects Q3 loss of $1.6bn from reclassifying loans 2023-09-29T04:00:00Z The Swiss franc also reached 0.99240 against the U.S. dollar, the weakest level since March 22. Dollar index climbs to 10-month high; yen, euro languish 2023-09-27T04:00:00Z The Swiss franc also fell to its lowest since March at 0.915 francs to the dollar, having slid since the Swiss National Bank unexpectedly kept interest rates on hold last week. Dollar hits 10-month high as US yields spike, yen slides 2023-09-26T04:00:00Z The figure was an increase from the 1.367 billion francs the bank announced in half year figures at the end of August. Credit Suisse sees Q3 loss of $1.6 bln from reclassifying loans 2023-09-29T04:00:00Z The Swiss franc has rallied over 3% against the yen this month. Analysis: Swiss franc shines as investors scramble for safe assets 2023-10-20T04:00:00Z The Swiss domestic business suffered a net outflow of 14.6 billion francs as confidence collapsed in the bank and panicked customers withdrew funds. Credit Suisse expects Q3 loss of $1.6bn from reclassifying loans 2023-09-29T04:00:00Z The Swiss National Bank on Thursday surprised markets by pausing its current cycle of rate increases, sending the Swiss franc reeling. Dollar index climbs to 10-month high; yen, euro languish 2023-09-27T04:00:00Z The Swiss franc has tumbled through its 200-day moving average to hit its lowest since June after the central bank surprisingly kept short-term rates on hold. Dollar at 10-month top as US yields spike; yen slides 2023-09-26T04:00:00Z The biggest outflow was in the wealth management business, where 74 billion francs in assets were withdrawn, with money pulled out across all regions. Credit Suisse sees Q3 loss of $1.6 bln from reclassifying loans 2023-09-29T04:00:00Z For example, the euro fell 0.89% against the franc on Oct. Analysis: Swiss franc shines as investors scramble for safe assets 2023-10-20T04:00:00Z The Swiss franc , one of this year's best performing major currencies versus the dollar, fell almost 1% at one point after Switzerland surprised markets by pausing its rate rise cycle. Analysis: Europe's currencies feel fresh pain as central bank support fades 2023-09-21T04:00:00Z “Françafrique is characterized by institutions still in place — French troops still in Africa; the CFA franc currency; and a French paternalistic culture that must be changed, including at the summit of the French state.” France’s waning influence in coup-hit Africa appears clear while few remember their former colonizer 2023-09-04T04:00:00Z Credit Suisse reported a net loss of 9.3 billion Swiss francs. Factbox: Key figures for UBS, including Credit Suisse 2023-08-31T04:00:00Z On one hand, analysts note that UBS acquired Credit Suisse for a song - just 3 billion Swiss francs - while gaining a large asset base, good client relationships and talented employees. UBS to absorb Credit Suisse's domestic bank, eyes $10 bln in cost savings 2023-08-31T04:00:00Z Since late 2022, it has been buying francs to prop it up, reducing the inflationary impact of rising costs of commodity imports. Analysis: Swiss franc shines as investors scramble for safe assets 2023-10-20T04:00:00Z On one hand, analysts note that UBS acquired Credit Suisse for a song - just 3 billion Swiss francs - while gaining a large asset base, good client relationships and talented employees. UBS to absorb Credit Suisse's domestic bank, eyes $10 bln in cost savings 2023-08-31T04:00:00Z Deutsche Bank analyst Benjamin Goy said he expected to see outflows of up to 100 billion Swiss francs over time. Explainer: After Credit Suisse takeover, UBS gives first glimpse of new group 2023-08-29T04:00:00Z This morning, a local benefactor sent in 500 francs to replace the stolen donations. High-altitude heist shocks Switzerland 2023-08-26T04:00:00Z “In the financial sector, the existing ban on selling securities denominated in Swiss francs or in an official currency of an EU member state to Russian nationals and entities was expanded,” it said. Swiss government lines up behind EU’s 11th round of sanctions against Russia 2023-08-16T04:00:00Z For now, traders are testing the waters by selling the yen against sterling and the Swiss franc, mindful that selling against the dollar could gather momentum quickly. Japan's policymakers hold fire as yen enters intervention range 2023-08-15T04:00:00Z Haiti became the world’s first Black republic in 1804, with France demanding a 150 million gold franc “independence debt” to compensate for lost slaves and land. Rights group urges rapid international intervention to end spiraling gang violence in Haiti 2023-08-14T04:00:00Z That will further shrink the assets managed by the subsidiary from 500 billion francs at the end of March. Explainer: After Credit Suisse takeover, UBS gives first glimpse of new group 2023-08-29T04:00:00Z In total, UBS also paid some 730 million francs in commitment fees and risk premiums to Swiss authorities, comprised of 200 million to the government and 530 million to the national bank. UBS ends rescue packages from Swiss gov’t that paved way for Credit Suisse takeover 2023-08-11T04:00:00Z UBS also said it no longer needs the public liquidity backstop, a liquidity assistance loan of up to 100 billion Swiss francs from the Swiss National Bank and backed by a federal guarantee. UBS won't need govt loss protection deal in Credit Suisse takeover 2023-08-11T04:00:00Z Another 978.47 billion francs was supposed to come from project grants and loans from external partners. Factbox: What sanctions have been imposed on Niger since coup? 2023-07-31T04:00:00Z "Risk aversion means lower equities and safe haven buying of currencies such as the Japanese yen and Swiss franc against riskier currencies such as the AUD and NZD as well as buying Treasuries." US Treasury yields edge lower after Fitch downgrade 2023-08-02T04:00:00Z This is above analyst estimates of 160 million francs in a company-provided poll, which were set at the midpoint of Clariant's own guidance range of 155 million to 165 million Swiss francs. Chemicals maker Clariant's Q2 profit beats forecast 2023-07-28T04:00:00Z "Japan's yen in particular, but also the Swiss franc and Swedish or Norwegian crowns, have been used as funding currencies for USD longs for a long time," he said. Dollar slump, overcrowding complicate popular FX carry trade 2023-07-26T04:00:00Z Credit Suisse and UBS also borrowed 168 billion Swiss francs from the Swiss National Bank in various emergency liquidity schemes to ease the takeover. UBS won't need govt loss protection deal in Credit Suisse takeover 2023-08-11T04:00:00Z That compared to a market capitalisation of around 7 billion Swiss francs on the last trading day before the deal was announced in March. Swiss investor group lawsuit to seek compensation over UBS-Credit Suisse deal 2023-07-17T04:00:00Z The bank has set a price target of 27 Swiss franc by the end of 2024, up from the current level of 18.22 francs. Takeover benefits: UBS investors warm to Credit Suisse deal 2023-07-17T04:00:00Z The dollar fell to its lowest against the Swiss franc in 8 years. AMERICAS Markets bet July 2023 is 'peak Fed' 2023-07-13T04:00:00Z The dollar index is below January levels as the euro , pound and Swiss franc rally . Pain trade or same trade? Investors refuse to fold on recession bets 2023-07-13T04:00:00Z Sterling and Swiss franc were testing overnight highs. Dollar takes a beating as traders see US rates peaking 2023-07-13T04:00:00Z The commission has 5 million francs to set up its office, pay its members and hire outside experts and consultants. Explainer: Credit Suisse crash investigated by Swiss lawmakers 2023-07-11T04:00:00Z Investors also welcomed such a move for the business, Credit Suisse's best performer last year when it posted a pretax profit of 1.4 billion francs. Takeover benefits: UBS investors warm to Credit Suisse deal 2023-07-17T04:00:00Z Just 48 hours before deal was struck, Credit Suisse was worth 7 billion francs, Ethos said. Credit Suisse investor group joins claim seeking better UBS takeover price 2023-07-04T04:00:00Z The increases in traditional 'safe haven' assets like gold, bonds, the yen, Swiss franc and U.S. dollar on Monday were small, in some cases negligible. ASIA Inflation, rates worries supersede Russia stress 2023-06-26T04:00:00Z The Swiss franc , which hit its highest since 2015 overnight, traded just below that level at 0.8661 francs to the dollar. Dollar takes a beating as traders see US rates peaking 2023-07-13T04:00:00Z The dollar was the big mover however - hitting its highest for the year against Japan's yen and China's yuan and surging also against the euro, sterling and Swiss franc. Morning Bid: Business brakes in June swoon, dollar jumps 2023-06-23T04:00:00Z It also received a state guarantee to absorb up to 9 billion francs in losses. Takeover benefits: UBS investors warm to Credit Suisse deal 2023-07-17T04:00:00Z In recent months the SNB has been selling foreign currencies to boost the value of the Swiss franc, whose strength has reduced the effect of more expensive imports. Swiss central bank raises rates again, signals may need to do more 2023-06-22T04:00:00Z In 2007 its shares had traded at 81 francs, 100 times their final price. Credit Suisse shares close slightly higher on final trading day 2023-06-12T04:00:00Z The unit had almost 7,300 staff at the end of 2022 and a 1.43 billion Swiss franc operating profit while the entire group suffered heavy losses. Explainer: UBS has Swiss mountain to climb with Credit Suisse 2023-06-12T04:00:00Z Swiss regulators have written down about 16 billion Swiss francs as part of the lender's rescue triggering hundreds of lawsuits. Factbox: UBS, government agree on Credit Suisse loss guarantees - key points 2023-06-09T04:00:00Z "The guarantee will only come into effect if the losses from the liquidation of these assets exceed 5 billion Swiss francs and is limited to a total of 9 billion," it added. Swiss government says it has reached agreement with UBS on loss guarantees 2023-06-09T04:00:00Z No mention was made by either UBS or the government about how potential losses above the total agreed 14 billion francs - 5 billion from UBS and 9 billion from the government - would be covered. UBS agrees with Swiss government on Credit Suisse loss guarantee 2023-06-09T04:00:00Z Under the takeover of Credit Suisse, orchestrated by Swiss authorities, Bern agreed to shoulder up to 9 billion francs in losses after UBS agreed to cover the first 5 billion francs in losses. UBS expects agreement on Credit Suisse loss guarantee by June 7 - SEC filing 2023-06-06T04:00:00Z Under the deal, UBS agrees to buy Credit Suisse for a knockdown price of 3 billion Swiss francs in stock and agreed to assume up to 5 billion francs in losses. Countdown to mega merger - how Credit Suisse wobbled and UBS rushed to rescue 2023-06-05T04:00:00Z Credit Suisse was given access to over 200 billion francs in liquidity support, 100 billion of which was backed by the government. Credit Suisse has paid back government-backed liquidity 2023-06-01T04:00:00Z The government-orchestrated rescue of Credit Suisse has seen 209 billion francs in state and central bank support deployed, and caused concern in parliament which rejected the package in a symbolic vote. Switzerland's Social Democrats propose shrinking UBS - Aargauer Zeitung 2023-05-30T04:00:00Z "The guarantee will only come into effect if the losses from the liquidation of these assets exceed 5 billion Swiss francs and is limited to a total of 9 billion francs," it added. UBS agrees with Swiss government on Credit Suisse loss guarantee 2023-06-09T04:00:00Z There were several thousand francs stuffed in their escape kits provided by the U.S. Military veteran who was shot down in France in WWII celebrates his 100th birthday 2023-05-28T04:00:00Z April 24 - Credit Suisse says 61 billion Swiss francs in assets had left the bank in the first quarter, as it reported what were probably its last ever quarterly results. Countdown to mega merger - how Credit Suisse wobbled and UBS rushed to rescue 2023-06-05T04:00:00Z In its quarterly results published in April, Credit Suisse said "the net amount of borrowings under these facilities amounted to 108 billion Swiss francs." Credit Suisse has paid back government-backed liquidity 2023-06-01T04:00:00Z He admitted falsifying trades and hiding losses in a scheme that made him tens of millions of Swiss francs. Georgian billionaire wins $926 mln from Credit Suisse after fraud 2023-05-26T04:00:00Z Up to 100 billion francs was provided via a public liquidity backstop to Credit Suisse, which by the end of April had drawn 10 billion of the loans. Switzerland speeds up work on liquidity backstop after Credit Suisse crash 2023-05-25T04:00:00Z Credit Suisse then announced in the early hours of March 16 that it intended to borrow up to 50 billion Swiss francs from the SNB after the central bank pledged liquidity "if necessary". Credit Suisse neared its cash limits days before rescue, filing shows 2023-05-18T04:00:00Z The Swiss government has also agreed to absorb up to 9 billion francs in potential losses incurred by UBS as a result of the takeover. Swiss parliament to investigate Credit Suisse collapse 2023-05-17T04:00:00Z The final price was raised from an initial 1 billion francs, the filing showed. UBS says it was rushed into unwanted Credit Suisse rescue merger 2023-05-17T04:00:00Z In addition, Credit Suisse cannot undertake any capital expenditure of more than 10 million francs or enter into certain contracts worth more than 3 million francs per year. Credit Suisse faces restrictions on business till deal closure 2023-05-17T04:00:00Z The stricken bank had already tapped a 50 billion franc liquidity lifeline under existing arrangements. Switzerland speeds up work on liquidity backstop after Credit Suisse crash 2023-05-25T04:00:00Z The pre-sale estimate was for it to fetch 14 million to 18 million francs. Top jewelry pieces fall short of target prices at Christie’s auction derided by Jewish groups 2023-05-10T04:00:00Z The Swiss National Bank agreed to lend up to 100 billion Swiss francs to UBS to help close the deal. A Timeline of How the Banking Crisis Has Unfolded 2023-05-01T04:00:00Z Still, Jordan said the money, of which 108 billion francs was injected in the first quarter, was not a gift to the banks and would have to be repaid - with interest. Swiss National Bank seeks banking regulation review after Credit Suisse crash 2023-04-28T04:00:00Z In the wider economy, its monetary policy has led to it building up a balance sheet of nearly 900 billion Swiss francs - equivalent to 113% of Swiss economic output. Powerful Swiss central bank faces reform calls in wake of Credit Suisse rescue 2023-04-28T04:00:00Z Safe-haven flows dominated trading on Tuesday, with the Japanese yen, Swiss franc, government bonds and gold all posting strong gains. Morning Bid: Banking blip? Not so fast 2023-04-25T04:00:00Z Its pre-sale estimate range had been for 9 million to 14 million francs. Top jewelry pieces fall short of target prices at Christie’s auction derided by Jewish groups 2023-05-10T04:00:00Z Under the deal hastily engineered by Swiss authorities, UBS agreed to take it over for 3 billion Swiss francs and to assume up to 5 billion francs in losses. UBS first-quarter profit halves as costs of old toxic debt mount 2023-04-25T04:00:00Z Meanwhile, Credit Suisse still has 108 billion Swiss francs worth of debt from the Swiss National Bank, though it had repaid 60 billion during the quarter. Final Days at Credit Suisse Were Marked by a $69 Billion Race for the Exits 2023-04-24T04:00:00Z The anticipated sales price had been 5 million to 8 million francs. Belgian foundation to exhibit auctioned T. rex in Antwerp 2023-04-21T04:00:00Z Switzerland’s lower house of parliament, in a symbolic vote last week, rebuked the rescue after the central bank and government splashed out more than 200 billion Swiss francs in guarantees. Credit Suisse investors sue after facing billions in losses 2023-04-21T04:00:00Z The Swiss state is providing UBS with a 9 billion Swiss franc guarantee on potential losses from winding down the investment banking business. Credit Suisse bankers jostle for slim pickings at UBS – sources 2023-04-19T04:00:00Z Europe's other major currency, the Swiss franc, is also near its strongest in over two years . Analysis: Rates shift gives European currencies fresh legs 2023-04-19T04:00:00Z Some 650 million francs of that has been reserved for helping Ukraine rebuild. Criticized over response to war, Swiss offer $2B for Ukraine 2023-04-14T04:00:00Z Ultimately, 209 billion Swiss francs are being provided as state and central bank guarantees and support in the plan drawn up by the seven-strong Swiss cabinet, which has members from four political parties. Analysis: Emergency Credit Suisse rescue shakes faith in Switzerland 2023-04-14T04:00:00Z The lender last month said it intended to borrow up to 50 billion francs from the SNB in a last-ditch attempt to save itself after confidence evaporated following a string of blunders. Credit Suisse pays back some emergency liquidity, central bank data suggests 2023-04-11T04:00:00Z The risks to the taxpayer were also acceptable - even though the government could assume up to 9 billion francs in losses incurred by UBS by the takeover. Swiss finance minister sees no 'stumbling blocks' to UBS takeover of Credit Suisse 2023-04-08T04:00:00Z “In other words, all employees have already had to bear a total loss of more than 2 billion francs due to the drop in Credit Suisse’s share price,” it said. Swiss cut up to $66B in bonuses for top Credit Suisse execs 2023-04-05T04:00:00Z The Swiss Bankers Association estimates that 150-200 billion francs worth of assets are held by Russians in Swiss banks. Criticized over response to war, Swiss offer $2B for Ukraine 2023-04-14T04:00:00Z "In Switzerland, we often pat ourselves on the back for having the oldest democracy in the world. Yet seven people decided on 250 billion francs of support, an unimaginably huge sum of money," he said. Analysis: Emergency Credit Suisse rescue shakes faith in Switzerland 2023-04-14T04:00:00Z The decision will affect around 1,000 employees, who will be deprived of approximately 50-60 million Swiss francs with the measures, the council said. Switzerland cancels or reduces bonus payouts for top Credit Suisse management 2023-04-05T04:00:00Z When the deal was announced, that was worth about 76 Swiss cents; a month ago, Credit Suisse’s stock was valued at 2.78 Swiss francs. For Credit Suisse Shareholders, a Wake Followed by Recriminations 2023-04-04T04:00:00Z Credit Suisse's near collapse not only wiped billions of Swiss francs off the value of its shares. Credit Suisse faces anger at final shareholder meeting 2023-04-04T04:00:00Z Ambassador in Bern, Scott Miller, in recent comments to Swiss media, has said that an extra 50 billion to 100 billion francs could be subject to a freeze in Switzerland. Criticized over response to war, Swiss offer $2B for Ukraine 2023-04-14T04:00:00Z "It is possible that the SNB intervened ...as some international investors might have questioned the impact the Credit Suisse story might have on the safe-haven status of the franc," said Junius. Swiss sight deposits fall, suggesting Credit Suisse, UBS took less emergency help 2023-04-03T04:00:00Z Credit Suisse said earlier in March it intended to borrow up to 50 billion francs under the facility, which requires loans to be covered by collateral in the form of mortgages and pledged securities. Swiss authorities reveal cost of Credit Suisse's liquidity lifeline 2023-03-30T04:00:00Z The defendants were handed suspended sentences in Zurich district court that, if violated, could lead collectively to hundreds of thousands of Swiss francs in fines. 4 bankers convicted over Swiss account of longtime Putin pal 2023-03-30T04:00:00Z Four bankers who helped a close friend of Vladimir Putin move millions of francs through Swiss bank accounts have been convicted of lacking diligence in financial transactions. Far-right lawmakers walk out of Zelenskiy speech to Austrian parliament 2023-03-30T04:00:00Z Four bankers who helped a close friend of Vladimir Putin move millions of francs through Swiss bank accounts have been convicted of lacking diligence in financial transactions. Explainer: Can ICC's Philippines drugs war probe make progress if Manila cuts contact? 2023-03-30T04:00:00Z The decline could also be due to the SNB intervening in the currency markets, by selling foreign currencies it holds in exchange for francs held on sight by the commercial banks. Swiss sight deposits fall, suggesting Credit Suisse, UBS took less emergency help 2023-04-03T04:00:00Z The men, who cannot be identified under Swiss reporting restrictions, were found guilty at a hearing at Zurich District Court and were given suspended fines totaling hundreds of thousands of Swiss francs. Four bankers who helped Putin's friend set up Swiss bank account convicted 2023-03-30T04:00:00Z Last week's rise indicates that both UBS and Credit Suisse may have used some of the 200 billion francs in extra liquidity offered by the SNB as part of a state-sponsored rescue of Credit Suisse. Swiss sight deposits jump, suggesting Credit Suisse, UBS took emergency liquidity 2023-03-27T04:00:00Z Moody's has downgraded the long-term deposit ratings of mBank and changed the outlook to negative from "under review" citing risks stemming from the legacy of Swiss franc loans at Polish lenders, the agency said. Credit Suisse could face disciplinary action, Swiss regulator says 2023-03-26T04:00:00Z Moody's has downgraded the long-term deposit ratings of mBank and changed the outlook to negative from "under review" citing risks stemming from the legacy of Swiss franc loans at Polish lenders, the agency said. Nigeria's Air Peace to start nonstop Israel flights in April 2023-03-26T04:00:00Z The SNB has recently indicated its willingness to sell forex to help prop up the value of the Swiss franc as a check against imported inflation. Swiss sight deposits fall, suggesting Credit Suisse, UBS took less emergency help 2023-04-03T04:00:00Z The four executives helped Roldugin operate two bank accounts at Gazprombank in Zurich, through which millions of francs flowed, without conducting sufficient checks, the court heard. Four bankers who helped Putin's friend set up Swiss bank account convicted 2023-03-30T04:00:00Z UBS agreed to buy Credit Suisse for 3 billion Swiss francs in stock in a merger engineered to avoid more market-shaking turmoil in global banking. Swiss sight deposits jump, suggesting Credit Suisse, UBS took emergency liquidity 2023-03-27T04:00:00Z That policy aimed to help depress a highly valued Swiss franc and meant that some investors actually had to pay interest for the privilege to keep their money in Switzerland, not reap interest from it. Credit Suisse deal averted crisis, Swiss central bank says 2023-03-23T04:00:00Z It's one thing for the franc to have lost some favour among investors during a Swiss-centric crisis, but quite another to suggest its days as a safe haven are numbered. Swiss franc grapples with safe-haven identity crisis after Credit Suisse 2023-03-24T04:00:00Z Both banks have been offered 200 billion francs in emergency liquidity after Credit Suisse suffered massive outflows from worried investors. Swiss sight deposits fall, suggesting Credit Suisse, UBS took less emergency help 2023-04-03T04:00:00Z Unions and politicians have also reacted angrily to the rescue, which could leave the taxpayer having to cover up to 9 billion francs in losses. Analysis: Credit Suisse collapse threatens Switzerland's wealth management crown 2023-03-22T04:00:00Z Credit Suisse's executive board took home 32.2 million Swiss francs in fixed compensation last year but collectively went without a bonus for the first time in more than 15 years. Switzerland curbs bonus payouts at Credit Suisse 2023-03-21T04:00:00Z The SNB has regularly confirmed its commitment foreign currency interventions but until last year this mainly meant buying buy foreign currencies with newly created francs to stem the rise of the Swiss franc. SNB sold $24bln in foreign currencies during 2022 in intervention U-turn 2023-03-21T04:00:00Z "Fortunately," Barclays says, "this scenario has limited repercussions for the franc over the foreseeable future." Swiss franc grapples with safe-haven identity crisis after Credit Suisse 2023-03-24T04:00:00Z Credit Suisse had already tapped 50 billion francs under ordinary liquidity help before the takeover was announced. Swiss sight deposits fall, suggesting Credit Suisse, UBS took less emergency help 2023-04-03T04:00:00Z Switzerland has pledged 260 billion francs in liquidity lines and guarantees to UBS to help smooth the takeover as Credit Suisse clients and counterparties reassess their relationship with the stricken lender. Bank of America halts trading with Credit Suisse electronic stocks desk -email 2023-03-20T04:00:00Z "The new UBS is also another massive risk – it's going to have more than 1,500 billion francs in assets, and it's simply too big for Switzerland," he told Reuters on Monday. Giant bank deal triggers political backlash in Switzerland 2023-03-20T04:00:00Z From June onwards, the central bank also signalled its willingness to sell foreign currencies if the franc was to weaken, a move designed to further insulate Switzerland from imported inflation. SNB sold $24bln in foreign currencies during 2022 in intervention U-turn 2023-03-21T04:00:00Z Research from the SNB in 2016 found that in previous crises, flows into Switzerland and the franc were driven by weaknesses elsewhere. Swiss franc grapples with safe-haven identity crisis after Credit Suisse 2023-03-24T04:00:00Z Credit Suisse said on Thursday it intended to borrow up to 50 billion Swiss francs from the Swiss National Bank in what it called "decisive action" to boost its liquidity. Sight deposits rise, indicating Credit Suisse took central bank liquidity 2023-03-20T04:00:00Z That puts holders of the AT1 bonds lower in priority than even investors who hold an equity stake in Credit Suisse and can expect to get 0.76 Swiss francs per share. Analysis: Credit Suisse rescue presents 'buyer beware' moment for bank bondholders 2023-03-20T04:00:00Z The Swiss government is providing more than 100 billion francs to support the takeover. UBS to buy Credit Suisse for nearly $3.25B to calm turmoil 2023-03-19T04:00:00Z The country’s central bank, the Swiss National Bank, will lend up to 100 billion Swiss francs to UBS to help it complete the takeover. Investors Greet Emergency Credit Suisse Deal Warily 2023-03-20T04:00:00Z "The franc is not an 'all-weather' safe haven and so far we've not had the type of market pressures that would typically lead to franc appreciation," he said. Swiss franc grapples with safe-haven identity crisis after Credit Suisse 2023-03-24T04:00:00Z The Swiss National Bank said it would lend up to 100 billion Swiss francs, or about $108 billion, to help facilitate the takeover. Swiss banking giants combine to quell growing global bank crisis 2023-03-19T04:00:00Z In foreign exchange trade the Swiss franc , which took a beating as worries about Credit Suisse grew last week, rose about 0.4% to 0.9264 to the dollar. Stock futures nudge higher on Credit Suisse buyout 2023-03-19T04:00:00Z To enable UBS to take over Credit Suisse, the federal government is providing a loss guarantee of a maximum of 9 billion Swiss francs for a clearly defined part of the portfolio, the government said. UBS agrees to buy Credit Suisse in Swiss-assisted bid to calm markets 2023-03-19T04:00:00Z Under the terms of the proposed deal, UBS will pay just a fraction of the roughly 8.8 billion Swiss francs, or $9.5 billion, that Credit Suisse was valued at on Friday, these people said. UBS Nears Deal to Buy Credit Suisse 2023-03-19T04:00:00Z In December, Credit Suisse had tapped investors for 4 billion Swiss francs. What happened at Credit Suisse and how did it reach crisis point? 2023-03-18T04:00:00Z Two years later, his replacement - longtime Credit Suisse veteran Thomas Gottstein - resigned after the bank posted a quarterly loss of 1.6 billion francs. Near ‘cliff’s edge,’ Credit Suisse not seen as systemic risk 2023-03-17T04:00:00Z Two years later, his replacement — longtime Credit Suisse veteran Thomas Gottstein — resigned after the bank posted a quarterly loss of 1.6 billion francs. Near ‘cliff’s edge,’ Credit Suisse not seen as systemic risk 2023-03-17T04:00:00Z In that eventuality, UBS would assume the first 5 billion francs, the federal government the next 9 billion francs, and UBS would assume any further losses, the government said. UBS agrees to buy Credit Suisse in Swiss-assisted bid to calm markets 2023-03-19T04:00:00Z Early on Thursday, Credit Suisse said it would borrow up to 50 billion Swiss francs, or about $54 billion, from Switzerland’s central bank and buy back some of its debt. The European Central Bank Meets to Raise Rates Amid Uncertainty 2023-03-16T04:00:00Z On Thursday, Credit Suisse said it would borrow up to 50bn francs from the Swiss central bank "to pre-emptively strengthen its liquidity". Asia markets fall as global banking fears widen 2023-03-16T04:00:00Z The Saudi bank is seeking to avoid regulations that kick in with a stake above 10%, having invested some 1.5 billion Swiss francs to acquire a holding just under that threshold. Credit Suisse to borrow $54 billion from Swiss central bank 2023-03-15T04:00:00Z The stock has seen a long downward slide: It traded at more than 80 francs in 2007. Near ‘cliff’s edge,’ Credit Suisse not seen as systemic risk 2023-03-17T04:00:00Z The Swiss government said that it was also giving UBS a guarantee of 9 billion Swiss francs "assume potential losses" from assets as part of the transaction. UBS agrees to buy Credit Suisse in Swiss-assisted bid to calm markets 2023-03-19T04:00:00Z The latest news: Credit Suisse said it would borrow up to 50 billion Swiss francs, or about $54 billion, from the Swiss National Bank to ward off concerns about its financial health. Your Thursday Briefing 2023-03-16T04:00:00Z It also announced offers for senior debt securities for cash of up to 3 billion francs. Credit Suisse to borrow up to 50 bln Swiss francs from Swiss National Bank 2023-03-16T04:00:00Z Hours later, Credit Suisse said it planned to borrow 50 billion Swiss francs from the Swiss National Bank. Credit Suisse to Borrow as Much as $54 Billion From Swiss Central Bank 2023-03-15T04:00:00Z But it leaves the central bank, which prints the Swiss franc and underpins the Alpine nation's economy, firmly on the hook should confidence in the bank resume its spiral. Analysis: Swiss blank cheque wins some time for Credit Suisse 2023-03-16T04:00:00Z The Swiss franc fell 2% in its steepest drop for seven years. Stocks slide, safety shines as bank fears spread 2023-03-16T04:00:00Z The bank also said it would seek to buy back debt of up to 3 billion francs. Your Thursday Briefing 2023-03-16T04:00:00Z Still, Credit Suisse’s shares fell as low as 1.58 Swiss francs on Wednesday, a new low. Credit Suisse Shares Slide After Shareholder Rules Out More Support 2023-03-15T04:00:00Z The strong performance this week, however, for the safe-haven Swiss franc , which is up more than 3% in five days, shows the elevated levels of concern in markets. Dollar finds footing as banking crisis fears calm down 2023-03-15T04:00:00Z The amount was topped up to 10 billion francs in total. Novartis launches new $11 billion share buyback 2023-03-13T04:00:00Z Prosecutors say a cellist with links to Vladimir Putin was allowed to move millions of Swiss francs into a bank with little oversight. Swiss Bankers Charged With Overlooking Millions Tied to Putin’s Friend 2023-03-08T05:00:00Z Four bankers are accused of helping Sergey Roldugin, a close friend of the Russian president according to the indictment, deposit millions of Swiss francs in Switzerland. Putin's cellist friend moved millions through Swiss bank accounts - prosecutors 2023-03-08T05:00:00Z Total assets at Credit Suisse's wealth division fell to 540.5 billion Swiss francs by the end of last year from 742.6 billion francs a year earlier. Credit Suisse obtains key approval to launch wealth business in China 2023-03-08T05:00:00Z It proposed a dividend of 1,300 francs per registered share, up from the 1,200 francs last year. Lindt & Spruengli proposes dividend hike as 2022 sales, profit climb 2023-03-07T05:00:00Z A strengthening of the Swiss franc also had a negative effect, reducing the SNB's holdings and returns from foreign investments when they were converted back into Swiss francs. Swiss National Bank reports annual loss of 132.5 bln Swiss francs 2023-03-06T05:00:00Z Switzerland has already allocated 1.3 billion francs to support Ukraine, including 270 million francs to help people in the country and 1.03 billion francs to support Ukrainians who have fled to Switzerland. Swiss prepare new 140 million franc aid package for Ukraine and Moldova 2023-02-22T05:00:00Z Switzerland last year began looking into confiscating 100 million Swiss francs after Russia's invasion of Ukraine, but raised the targeted amount to 130 million francs following further deliberations. Swiss seek to confiscate $140 million linked to ex-Ukraine President Yanukovich 2023-02-16T05:00:00Z It’s a Bordeaux-style blend of cabernet sauvignon, cabernet franc and merlot, rich with blackcurrant and plum flavors and a lingering herbal finish. Perspective | Intense $16 French red seeks its soulmate in beef stew or roast 2023-02-09T05:00:00Z The bank also saw a sharp acceleration in withdrawals in the fourth quarter, with outflows of more than 110 billion Swiss francs, although it said the picture has been improving. Credit Suisse investor loses faith in management over cash outflows 2023-02-10T05:00:00Z The reported loss wiped out the SNB's distribution reserve of 102.5 billion francs, meaning the central bank posted a net loss of 39.5 billion francs after an allocation for provisions was taken into account. Swiss National Bank reports annual loss of 132.5 bln Swiss francs 2023-03-06T05:00:00Z Most of the money - 114 million francs - is earmarked for Ukraine with 26 million francs for Moldova. Swiss prepare new 140 million franc aid package for Ukraine and Moldova 2023-02-22T05:00:00Z The group's net asset outflows for the last three months of the year totalled 110.5 billion Swiss francs, the bank said. Credit Suisse posts worst annual loss since global financial crisis 2023-02-09T05:00:00Z The breakdown of the stakes taken was not given by ABB, which had already raised around 200 million Swiss francs from allocating an 8% stake in the business to other investors. Ex-US VP Gore's fund among ABB car charging business' new investors 2023-02-01T05:00:00Z With a net cash position of 186 million francs, its financial buffer was large enough for building new plants, seeking bolt-on takeover opportunities and the distribution of cash among shareholders, Lonza said. Lonza to buy back $2.17 bln worth of shares, backs mid-term growth 2023-01-25T05:00:00Z Analysts did not think it would influence the matter, with the SNB having 66 billion francs in equity despite the massive losses. Swiss National Bank reports annual loss of 132.5 bln Swiss francs 2023-03-06T05:00:00Z Neutral Switzerland has adopted European Union sanctions against Russia, including restrictions against 1,300 individuals and frozen 7.5 billion francs in assets. Swiss prepare new 140 million franc aid package for Ukraine and Moldova 2023-02-22T05:00:00Z The bank secured the backing of Saudi National Bank, majority-owned by the government of Saudi Arabia, which will invest up to 1.5 billion Swiss francs to take a stake of up to 9.9%. Top Credit Suisse shareholder cuts stake 2023-01-11T05:00:00Z A strengthening Swiss franc also had a negative impact. Swiss National Bank posts record $143 billion loss in 2022 2023-01-09T05:00:00Z The Oubuters' parents - whose company has sold 90 million kick scooters - have invested more than 10 million francs in the project, although the brothers declined to specify how much. Swiss Microlino reboots bubble car with electric model 2022-12-20T05:00:00Z The SNB had already raised rates in June and September after keeping them frozen at minus 0.75% for seven years as it fought the appreciation of the Swiss franc. Swiss National Bank hints at further rate hikes ahead 2022-12-15T05:00:00Z The Swiss franc was at 0.9360 per dollar as traders eyed Thursday meetings of the European Central Bank, Bank of England and Swiss National Bank. Dollar firm in calm before CPI and central bank storm 2022-12-13T05:00:00Z These are due to be sold on the market at or above the offer price of 2.52 Swiss francs, Credit Suisse said. Credit Suisse raises 'milestone' $2.4 billion in revamp cash call 2022-12-08T05:00:00Z Monday's provisional figure, which marked a reverse from a 26 billion franc profit in 2021, was far bigger than the previous record loss of 23 billion francs chalked up in 2015. Swiss National Bank posts record $143 billion loss in 2022 2023-01-09T05:00:00Z Regarding the amount of Swiss franc denominated loans on the bank's books by the end of the strategy period, the vice president for risk management Piotr Mazur said that he hopes it will be zero. Polish lender PKO BP actively seeking M&A opportunities - official says 2022-12-08T05:00:00Z Credit Suisse shares fell to a fresh record low on Thursday nearing the offer price of the 2.24 billion Swiss franc rights issue needed to help stabilise its finances. Exclusive: Credit Suisse looks to speed up cuts as revenue outlook worsens 2022-12-02T05:00:00Z Shares in the Zurich-based group hit new lows in recent days as shareholders were asked to pump about 2.2 billion Swiss francs into a restructuring programme aimed at reigning in its embattled investment bank. Take Five: Ready for that Santa rally? 2022-12-02T05:00:00Z After closing above 3 Swiss francs on Monday, they have retreated slightly, gaining 3.2% on Thursday to reach 2.942 francs, and crucially above the deal subscription price. Credit Suisse raises 'milestone' $2.4 billion in revamp cash call 2022-12-08T05:00:00Z It made a loss of 131 billion francs from its foreign currency positions - the more than 800 billion francs in stocks and bonds it bought during a long campaign to weaken the Swiss franc. Swiss National Bank posts record $143 billion loss in 2022 2023-01-09T05:00:00Z Among the measures, it has been forbidden since shortly after the war began to accept deposits of more than 100,000 francs from Russian citizens or entities — companies or organizations. Switzerland says it knows of $48.5 billion in Russian assets 2022-12-01T05:00:00Z Credit Suisse, whose shares have plunged about 66% this year to record lows, is in the midst of trying to raise 4 billion francs to bolster its finances. Credit Suisse's fund outflows may spark M&A talk - JPMorgan 2022-12-01T05:00:00Z The pound has pulled off its biggest monthly increase against the U.S. dollar since July 2020 in November, although its rally was eclipsed by peers such as the yen and the Swiss franc. U.S. Treasury's Yellen 'practiced and practiced' her signature for U.S. bills 2022-12-01T05:00:00Z The share issue, part of a broader capital raising worth 4 billion francs, which got shareholder approval last week, aims to help to fund Credit Suisse's recovery from the biggest crisis in its 166-year history. Credit Suisse shares sink to new record lows, bonds tumble 2022-11-30T05:00:00Z Shares in Credit Suisse tumbled to a fresh lifetime low below 3 Swiss francs on Tuesday as investors dumped rights to subscribe to new shares in the loss-making lender. Former Luxottica CEO Guerra to join Prada - source 2022-11-29T05:00:00Z A further 294 “business relationships” with Russia’s close ally, Belarus, were worth 400 million francs. Switzerland says it knows of $48.5 billion in Russian assets 2022-12-01T05:00:00Z Credit Suisse is due to hold an Extraordinary General Meeting later on Wednesday where it will seek approval for a 4 billion Swiss franc capital increase to fund its overhaul. Credit Suisse expects Q4 pre tax loss of around 1.5 billion Sfr 2022-11-23T05:00:00Z Ms Meloni holds up a CFA franc bank note, describing it as a "colonial currency" that France prints for 14 African countries which, she claims, it uses to "exploit the resources of these nations". Fact-checking Giorgia Meloni's claim about France 2022-11-22T05:00:00Z Switzerland's second-largest bank last week flagged that it was on course for a pre-tax loss of up to 1.5 billion Swiss francs in the fourth quarter, and revealed that wealthy clients had made hefty withdrawals. Credit Suisse shares sink to new record lows, bonds tumble 2022-11-30T05:00:00Z The 52 billion franc downturn was partly compensated by positive currency exchanges, mainly the stronger dollar, as well as net new money inflows of 3 billion francs, it said. Swiss bank Julius Baer on track to meet targets despite market slump 2022-11-21T05:00:00Z Deposits under 100,000 francs also don’t have to be reported. Switzerland says it knows of $48.5 billion in Russian assets 2022-12-01T05:00:00Z Assets under management declined by 42.5 billion francs from the start of the year to 201.2 billion as of Sept. 30, it said in a statement. Swiss bank Vontobel's nine month outflows at $3.5 bln; to step up cost cuts 2022-11-10T05:00:00Z France does print currency - the CFA franc - for 14 African countries, including Burkina Faso. Fact-checking Giorgia Meloni's claim about France 2022-11-22T05:00:00Z Direct investment income fell to 2.88 billion francs in the first nine months from 2.95 billion a year earlier, while the company's third party asset management business attracted net new assets of 6 billion francs. Swiss Life fee income rises 7% in first nine months of 2022 2022-11-09T05:00:00Z The bank said it had also reclassified 1 billion francs of assets under management to assets under custody following asset freezes resulting from sanctions imposed on clients in connection with Russia’s invasion of Ukraine. Swiss bank Julius Baer on track to meet targets despite market slump 2022-11-21T05:00:00Z The total amount frozen in Switzerland under sanctions stood at 7.5 billion francs in financial assets and 15 properties as of Nov. 25. Switzerland says it knows of $48.5 billion in Russian assets 2022-12-01T05:00:00Z The retailer - which introduced the new metric of core earnings before interest, taxes, depreciation and amortisation in August - posted turnover of 3.915 billion Swiss francs in 2021. Duty-free retailer Dufry expects jump in 2022 turnover on strong demand 2022-11-02T04:00:00Z The figure was hit by the one-off impact of 76.9 million francs related to the salmonella outbreak at the Wieze factory in Belgium detected in June. Chocolate maker Barry Callebaut's counts the cost of factory shutdown 2022-11-01T04:00:00Z This took its asset under management for third parties at the end of September to 100 billion Swiss francs, down from 102.8 billion francs at the end of 2021. Swiss Life fee income rises 7% in first nine months of 2022 2022-11-09T05:00:00Z Existing investors meanwhile will get the chance to buy 889 million shares being offered at a price of 2.52 francs per share, with subscription rights corresponding to the size of their present stake. Credit Suisse prices shares in capital hike at 3.82 francs 2022-10-31T04:00:00Z On Thursday, Credit Suisse outlined plans to raise 4 billion Swiss francs from investors, cut thousands of jobs and shift its focus from investment banking towards its rich clients. Analysis: Cracks appear in Credit Suisse comeback plans 2022-10-28T04:00:00Z Add in taxes and restructuring-related costs, and the loss balloons to over 4 billion Swiss francs. Credit Suisse Plans a Big Retreat From Wall Street 2022-10-27T04:00:00Z Part of this will come via an issue of new shares to investors, including Saudi National Bank, which has said it will invest up to 1.5 billion francs for a stake of up to 9.9%. Factbox: Credit Suisse's strategic overhaul at a glance 2022-10-27T04:00:00Z The announcement came as the firm reported that it had lost 342 million Swiss francs, or $346 million, in the third quarter, a sharp swing from a $1 billion profit a year ago. Credit Suisse Unveils Sweeping Revamp to Revive Its Fortunes 2022-10-27T04:00:00Z The gross proceeds of both capital increases is expected to be about 4 billion francs, the bank said. Credit Suisse prices shares in capital hike at 3.82 francs 2022-10-31T04:00:00Z The lender also won the backing of Saudi National Bank, majority-owned by the government of Saudi Arabia, which will invest up to 1.5 billion Swiss francs to take a stake of up to 9.9%. Analysis: Cracks appear in Credit Suisse comeback plans 2022-10-28T04:00:00Z It booked a 3.7 billion franc impairment on deferred tax assets related to the strategy review. Credit Suisse posts Q3 loss of 4 bln Swiss francs 2022-10-27T04:00:00Z A 3 billion francs bond buyback announced on Oct. Credit Suisse under investor scrutiny ahead of business overhaul 2022-10-26T04:00:00Z And that excluded taxes and hefty costs related to the restructuring: Including those charges, the bank’s third-quarter loss was just over 4 billion Swiss francs. Credit Suisse Unveils Sweeping Revamp to Revive Its Fortunes 2022-10-27T04:00:00Z Credit Suisse's losses have hit nearly 4 billion Swiss francs over the past three quarters alone, while its financing costs have surged amid credit ratings downgrades. Explainer: Credit Suisse in spotlight ahead of strategy shift 2022-10-24T04:00:00Z The hotel could be worth 400 million Swiss francs, as reported by finance blog Inside Paradeplatz early this month. Credit Suisse prepares Swiss business sales to raise capital - FT 2022-10-15T04:00:00Z Some analysts say the bank could be left with a capital shortfall of as much as 9 billion Swiss francs. Credit Suisse chairman pledges reform after 'horrible' year 2022-10-14T04:00:00Z Speculation about Credit Suisse's future gathered pace on social media in early October on investor concern that it may need to raise billions of francs in fresh capital. Credit Suisse considers Allfunds disposal, Cinco Dias reports 2022-10-14T04:00:00Z The next year, he unveils a 20 billion franc cost-cutting plan, reviving his reputation as "Le cost killer". From boom to bottom: Renault, Nissan in talks that could reshape alliance 2022-10-10T04:00:00Z Credit Suisse is looking to sell the Savoy Hotel in central Zurich, which could be worth 400 million Swiss francs. Explainer: Credit Suisse in spotlight ahead of strategy shift 2022-10-24T04:00:00Z Total sight deposits, which include other deposits on sight in Swiss francs, declined to 639.332 billion francs from 669.585 billion francs in the previous week. Swiss National Bank cuts overnight deposits by 30 billion francs 2022-10-10T04:00:00Z The SNB has shifted its focus in recent months from stemming the rise of the safe haven Swiss franc to tackling inflation. Swiss National Bank won't tolerate above-target inflation -Jordan 2022-10-07T04:00:00Z The only difficulty: this vision requires another throw of the dice and potentially further billions of francs in fresh capital. Take Five: China's challenges 2022-10-07T04:00:00Z Another factor is the strong franc, which gives Switzerland some protection against higher import costs, and which Swiss National Bank Governing Board member Andrea Maechler has described as "very strong". Swiss pursue home-grown energy panacea - reluctantly 2022-10-06T04:00:00Z Balenciaga’s spring invite was — unfathomably — a real used leather wallet containing real French franc notes, a health security card, a photo of a pet cat, and credit cards as well as other things spilling out. Glitzy Valentino show sees Paris Fashion Week at fever pitch 2022-10-02T04:00:00Z As the Swiss franc weakened last week, it was also possible the SNB had been selling some of its foreign currencies to maintain its value, which has been helpful limiting the extent of imported inflation. Swiss National Bank cuts overnight deposits by 30 billion francs 2022-10-10T04:00:00Z It would intervene in the markets if the franc increased "too much" in value, but Jordan declined to give a level at which the SNB would launch currency interventions to dampen its rise. Swiss National Bank won't tolerate above-target inflation -Jordan 2022-10-07T04:00:00Z If the franc appreciates so strongly that the monetary policy environment becomes too restrictive, the SNB will continue to intervene, he said. Swiss franc not highly valued - SNB's Jordan 2022-10-01T04:00:00Z The British pound, the euro and the Swiss franc all fell against the greenback — the first two to multiyear lows — as investors seek out a safe haven. Zelensky Asks Businesses to Join a ‘Marshall Plan’ for Ukraine 2022-09-23T04:00:00Z CitiFX has entered into a short position in the British pound against the Swiss franc following the Bank of England's and Swiss National Bank's latest policy announcements. IDB directors vote unanimously to recommend removal of Claver-Carone -sources 2022-09-22T04:00:00Z Over the past three quarters alone, losses have added up to nearly 4 billion Swiss francs. EXCLUSIVE Credit Suisse sounds out investors about capital hike - sources 2022-09-22T04:00:00Z The SNB no longer described the franc as overvalued, he said, although the central bank did not wish to give a daily commentary on the currency's valuation. Swiss National Bank won't tolerate above-target inflation -Jordan 2022-10-07T04:00:00Z "But we also do not want to exacerbate the inflation problem with an excessively weak franc. We deliberately do not want to be more specific." Swiss franc not highly valued - SNB's Jordan 2022-10-01T04:00:00Z This meant the central bank would purchase foreign currencies to rein in an “excessive appreciation” of the Swiss franc, Jordan said. Swiss National Bank exits negative rates era with 0.75% hike 2022-09-22T04:00:00Z The region that includes Central Asia accounts for about 9%, or 8 billion francs. Nestle adapts as hoarding picks up in Asia, North Africa 2022-09-21T04:00:00Z Deutsche Bank analysts in August estimated a capital shortfall of at least 4 billion francs. EXCLUSIVE Credit Suisse sounds out investors about capital hike - sources 2022-09-22T04:00:00Z It is also prepared to let the Swiss franc strengthen to try to curb imported inflation, departing from its years-long stance of reining in the franc's value and protect its export-reliant economy. Major central banks put inflation fight first as growth slows 2022-09-08T04:00:00Z The Swiss government has lined up a 10 billion franc safety net for power firms, but decided to allocate the funds to Axpo even though the legislation is still before parliament. Europe tries to shore up power firms with billions more 2022-09-06T04:00:00Z “If the Swiss franc were to weaken, however, we would consider selling foreign currency,” Jordan said. Swiss National Bank exits negative rates era with 0.75% hike 2022-09-22T04:00:00Z He admitted he falsified trades and hid losses as part of a scheme that made him tens of millions of Swiss francs. Credit Suisse defends lawsuit from ex-Georgian PM in Singapore court 2022-09-05T04:00:00Z A Swiss foundation has already raised more than 37 million Swiss francs of the estimated 45 million Swiss francs needed to replace the current 150-year-old barracks. WANTED: 25 men to guard the pope. Must be Catholic. Must be Swiss 2022-09-01T04:00:00Z White House archives describe him leaving home with a cardboard suitcase and five francs to begin his apprenticeship at the Patisserie Maurivard in Besançon, France. Roland Mesnier, pastry chef for five presidents, dies at 78 2022-08-27T04:00:00Z Standing in a cemetery of abandoned boats, Mohamed Fane picks a West African franc off the floor and shudders at the traumatic memory of his voyage from Senegal to the Canary Islands. Blinken, Kagame discuss U.N. report that Rwanda supports rebel group 2022-08-11T04:00:00Z Swiss government bond yields fell, reversing course following an initial spike, while the franc dropped broadly, falling against the dollar, euro and pound. Swiss National Bank exits negative rates era with 0.75% hike 2022-09-22T04:00:00Z The loss was worsened by a 10.3 billion loss due to exchange rates, as the stronger franc further reduced the value of foreign investments. Swiss National Bank posts record H1 loss, says no policy impact 2022-07-29T04:00:00Z |
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