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View Full Version : Swiss National Bank Posts Profit of $14.8 Billion, Helped by Cap on Franc - Bloomberg



NewsWhore
03-08-2012, 03:11 AM
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Bloomberg (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHhn_ikP_Z0NDWY5R7Lzvf0f-eMsg&url=http://www.bloomberg.com/news/2012-03-08/swiss-national-bank-posts-profit-of-14-8-billion-helped-by-cap-on-franc.html)


Swiss National Bank Posts Profit of $14.8 Billion, Helped by Cap on Franc (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHhn_ikP_Z0NDWY5R7Lzvf0f-eMsg&url=http://www.bloomberg.com/news/2012-03-08/swiss-national-bank-posts-profit-of-14-8-billion-helped-by-cap-on-franc.html)
Bloomberg
A valuation gain on gold holdings contributed 5.4 billion francs to the result as foreign-currency positions added 7.7 billion francs. The SNB will pay 1 billion francs to the federal government and the cantons. The SNB, led by interim Chairman Thomas ...

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