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In 2019, Swiss banks recorded a growth of 13.8% in assets under management totalling CHF 7.9 trillion (around $8.6 trillion) according to the Swiss Bankers Association. This is twice the GDP of neighbour Germany.

Credit Agricole 2/4: pressure on the central bank to abandon negative rates is rising. It needs to be considered that criticism from politics as well as organizations including the Swiss Bankers Association has been around for the last few years

The Swiss Bankers Association upps the ante in its campaign against the central bank’s negative rates

The Swiss Bankers Association ups the ante in its campaign against the central bank’s negative rates

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The Swiss Bankers Association ups the ante in its campaign against the central bank’s negative rates via @markets 

The Swiss Bankers Association ups the ante in its campaign against the central bank’s negative rates via @cbSwiss  #tictocnews 

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The finance industry has long complained about the impact of sub-zero rates on profitability, and the Swiss Bankers Association said this month it was causing “massive structural damage” to the economy.

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“Holding cash is simply more expensive than building an empty house." - chief economist of the Swiss Bankers Association, Martin Hess

The Swiss Bankers Association criticizes the central bank’s policy of negative rates, saying it was causing “massive structural damage” to the economy

The Swiss Bankers Association (SBA) says negative interest rates are contributing to financial and economic instability in Switzerland. The Swiss central bank will review policy next week.

"Artificially low rates therefore call forth artificial investments, a point that the chief economist of the Swiss Bankers Association, Martin Hess, recently made. “Holding cash is simply more expensive than building an empty house,” @WSJ  quoted him as saying." @GrantsPub 

The Swiss Bankers Association unveils new guidelines for banks that could make it easier for cryptocurrency/blockchain companies to open corporate bank accounts ( / Reuters)

Swiss Bankers Association advises to stronger diligence in opening accounts for crypto companies - NZZ

President of Swiss Bankers Association resigns.

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