A kind of nationalization of private banks: The Swiss National Bank’s minus 0.75% rate netted it a via @HolgerZschaepitz

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A kind of nationalization of private banks: The Swiss National Bank’s minus 0.75% rate netted it a profit of €1.8bn last year at the expense of UBS and Credit Suisse. (Chart via Bloomberg) h/t Holger Zschaepitz

A kind of nationalization of private banks: The Swiss National Bank’s minus 0.75% rate netted it a via @HolgerZschaepitz

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