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  • Zurich Insurance adds ex-SNB chief Jordan to its board
    Zurich Insurance Group announced on Thursday its nomination of former Swiss National Bank Chairman Thomas Jordan for election to its board of directors.Jordan stepped down from the Swiss National Bank in September 2024 after serving as its chairman for twelve years.During his tenure, he...
  • Trump to meet with king of Jordan this month
    United States President Donald Trump is expected to meet with Jordanian King Abdullah II on February 11, CNN reported, citing a White House official and the Jordanian government. The meeting was proposed by Adbullah. Last month, Trump floated the idea of relocating the population of the Gaza...
  • Egypt rejects any displacement of Palestinians
    Egypt's foreign ministry said on Sunday that Cairo rejects any attempt at forced displacement of Palestinians, after United States President Donald Trump floated the idea of relocating the population of the Gaza Strip to Egypt and Jordan, either "temporary or long term." The ministry expressed...
  • SNB's Jordan: More cuts may be necessary
    Swiss National Bank (SNB) Chairman Thomas Jordan said on Thursday that further interest rate cuts "may be necessary" after the SNB delivered a 25-basis point cut today, reducing the key rate to 1%. He noted that the Swiss economic growth is expected to be "rather modest" in the coming...
  • SNB's Jordan on Swiss franc intervention, Credit Suisse
    The outgoing Chairman of the Swiss National Bank (SNB) Thomas Jordan said that the Swiss franc, recognized as a safe-haven currency, can be significantly influenced by political "uncertainties," both within Europe and globally, posing a possibility of intervention if needed.In an interview...
  • Martin Schlegel appointed as new Swiss National Bank chief
    Martin Schlegel has been appointed as the new president of the Swiss National Bank (SNB), succeeding Thomas Jordan on October 1, officials said in a statement on Wednesday.Schlegel, currently the institution's vice president, has been with the SNB for over two decades. After today's decision, he will...
  • Jordan: SNB equipped to ensure price stability
    Swiss National Bank (SNB) Chairman Thomas Jordan said on Friday that the bank has been able to "guide monetary policy with a steady hand" and assured that it is "well equipped to continue ensuring price stability in Switzerland in the future." He praised the SNB's flexibility, including its...
  • SNB Chairman Jordan to step down in Sept. 2024
    Swiss National Bank (SNB) Governing Council Chairman Thomas J. Jordan (pictured) will step down at the end of September 2024, the bank announced on Friday. Jordan assumed the management of the SNB in January 2012. "Having met the various challenges of recent years, now is the right time for...
  • Blinken: We will responde 'decisively to any aggression'
    United States Secretary of State Antony Blinken stated on Monday that the US administration will respond "decisively to any aggression." The statement was made in relation to the recent attack on a US outpost in northeastern Jordan that left three dead. At the press conference with NATO Secretary...
  • SNB's Jordan sees no need to tighten monetary policy
    Swiss National Bank (SNB) Governing Council Chairman Thomas J. Jordan told CNBC on Thursday that the bank sees no immediate need to tighten monetary policy further. As for the Swiss franc, Jordan noted that its appreciation is not significant in real terms while reiterating the SNB's readiness...
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