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HomeBreaking NewsThe BNS expected in the red in the first half, anticipates UBS

The BNS expected in the red in the first half, anticipates UBS

Consequently,

Bns expected red first half, new: This article explores the topic in depth.

However,

Bns expected red first half. Nevertheless. Meanwhile. In addition, new:

The Franc goalkeeper should undergo a loss of 17 to 27 billion francs in the second quarter, said economists Alessandro Bee and Florian Germanyer from UBS Switzerland, after a profit of almost 7 billion over the first three months of the year. In addition, This would result a disbursement of 10 to 20 billion francs from January to the end of June. Moreover, BNS will publish its results on July 31.

The loss of April to June is allocated to the weakening of the greenback compared to the franc. In addition. The latter appreciated clearly during the period, 2% against the euro, about 6% against the yen and almost 10% against the dollar. Exchange movements should have led to a loss of more than 40 billion bns expected red first half, new francs. including bns expected red first half, new 30 billion just on dollar investments. BNS has around 300 billion francs in American titles.

If bns expected red first half, new the price of gold has climbed 5% during these three months. the BNS should not have benefited from it due to the devaluation of the dollar. A “significant loss of 4.5 billion francs” is anticipated by the bank with three keys.

The broadcast institute should have been happier on the equity markets. which resumed after being shaken by the announcement of American customs duties. The global equity market has increased by around 9%. which means a profit of 15 billion francs for the BNS equity portfolio, estimated at 180 billion.

The loan portfolio should record a gain of approximately 5 billion. Recurring income, such as dividends and interest products, should contribute to 4 billion.

Uncertain distributions

Distributions remain “uncertain”, according to economists. If the reserves bns expected red first half, new in this area reach 12.9 billion francs for bns expected red first half, new 2024. they should be devoted to monetary reserves. so that the SNB will have to at least “neutralize the loss of bns expected red first half. new the first semester” in the second part of the year to be able to make a payment next year.

UBS underlines that because of the volatility of the financial markets. it is impossible for him to decide on the possibility of a future payment next year.

In 2024, the Swiss National Bank achieved a profit of 80.7 billion francs, after a loss of 3.2 billion the previous year, allowing it to pay a billion francs to the Confederation and two billion in the cantons.

Bns expected red first half, new

Bns expected red first half, new

Bns expected red first half, new

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felicity.rhodes
felicity.rhodes
A Boston-based biotech writer, Felicity peppers CRISPR updates with doodled lab-rat cartoons.
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