Swiss National Bank expects record 2017 profit of 54 bln Sfr

The Swiss National Bank expects an annual profit of 54 billion Swiss francs ($55.25 billion) for 2017, the central bank said on Tuesday, the biggest profit in its 110-year history. The SNB anticipates an annual profit of 49 billion francs from its foreign currency positions, which have swelled to 784 billion francs by November as […]

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FIFA sends 1,300-page corruption probe to Swiss prosecutors

FIFA has sent 1,300 pages of internal investigation reports into suspected bribery and corruption to Switzerland’s attorney general. However, FIFA said Friday it was legally barred from publishing the full reports or commenting on the evidence or conclusions. The documents complete a 22-month probe by legal firm Quinn Emanuel, which FIFA retained in the fallout […]

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