Tag archive for ‘Swiss Central Bank’
Vered Weiss On Wednesday, January 21st, 2015

FXCM Bailout by Richard Handler and Leucadia Might Be Just a Band-Aid

The last minute bailout of FXCM with a $300 million loan from Leucadia may turn out to be only a bandaid as the stock of FXCM plummeted when details of the deal were announced, according to Bloomberg. The More...

Vered Weiss On Tuesday, January 20th, 2015

Unlike Other Banks, Julius Baer Not Hurting After Switzerland Cancels Franc Cap

  While other banks are bleeding millions, Julius Baer Group said it sustained no losses in the days following the Swiss Central Bank’s sudden decision to cancel its franc cap, according to Bloomberg. More...

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