A Swiss National Bank payout to the Swiss government and cantons for 2024 is looking less likely after losses in the second quarter halved the central bank’s early-year profits.
The SNB reported a half-year profit of 13.7 billion francs ($15.7 billion), according to a statement Monday, down from a gain of 26.9 billion in the three months through March.
Read More : Weak Second Quarter Makes SNB Payout to Switzerland Less Likely