Swiss franc crisis: industry better prepared one year on
Brokerages have increased margin requirements and introduced other risk control measures
London
SWITZERLAND's notorious Swiss franc crisis, which rocked markets one year ago and sent the currency spiking, could return to haunt traders, some analysts warn.
The nation's central bank stunned foreign exchange and other financial markets on Jan 15, 2015, when it unexpectedly scrapped efforts to stop the franc rising against the European single currency.
The Swiss Na…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Banking & Finance
US seeks 36 months’ jail for Binance founder Zhao
Hong Kong bourse operator’s Q1 profit down 13% on weaker listings, trading
PBOC steps up rhetoric against long-end government bond rally
Private credit is disrupting Hong Kong bankers’ cosy lives
Thai central bank says holding key rate steady creates ‘policy optionality’
China’s Noah to hire 50 to 100 wealth managers in Hong Kong, Singapore