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Swiss central bank's franc decision reverberates

CFA Institute Financial NewsBrief | Jan 19, 2015

Few can fault the Swiss National Bank for its financial need to end its cap on the franc, but its execution of the policy change has been roundly criticized, chiefly because of the uncertainty it ushered in. The central bank's "unexpected policy reversal of capping the Swiss franc against the euro has resulted in exceptional volatility and extreme lack of liquidity," said retail broker Alpari U.K., which filed for bankruptcy Friday. Others also reported insolvency, while some incurred big losses. Reuters (17 Jan.) Financial Times (tiered subscription model) (16 Jan.) Reuters (16 Jan.)


Obama calls for broad range of programs to help middle class

CFA Institute Financial NewsBrief | Jan 21, 2015

Saudi Arabia expected to keep oil exports high under new king

CFA Institute Financial NewsBrief | Jan 23, 2015

Do you think that millennials (individuals born between 1980 and 2000) working within your organization have changed the environment or culture of your organization?

CFA Institute Financial NewsBrief | Jan 20, 2015

Money managers reportedly to start dark pool

CFA Institute Financial NewsBrief | Jan 20, 2015

CalPERS cutting private equity after dropping all hedge funds

CFA Institute Financial NewsBrief | Jan 20, 2015

Obama aims to help middle class with tax hike for affluent

CFA Institute Financial NewsBrief | Jan 19, 2015

Fallout from Swiss franc move continues; FCA seeks info

CFA Institute Financial NewsBrief | Jan 20, 2015

WEF delegates chide Europe, laud U.S.

CFA Institute Financial NewsBrief | Jan 22, 2015

Moody's downgrades Russia's credit rating to near junk

CFA Institute Financial NewsBrief | Jan 19, 2015


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