Swiss Economicblogs.org
Swiss banks focused on property lending are taking more risks to compensate for the impact of record-low interest rates, increasing the threat of a real-estate bubble, Swiss National Bank Vice President Fritz Zurbruegg said. © Vladek | Dreamstime.com - Click to enlarge “Exceptionally low interest rates are putting pressure on interest rate margins and this is weighing on the profitability of Swiss banks,” Zurbruegg...
Read More »Swiss banks taking more risks to compensate for record-low interest rates
