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4th June 2018 Swiss Traders Hedging Their Bets
Switzerlands banking and monetary system set for radical change. Swiss traders are protecting themselves against change by buying insurance hedges against swings in the franc. In addition they are buying up shares in Swiss banks.
If changes happen corporate money and financing will be harder to come by in Switzerland. It is argued it would also make another financial crisis like that in 2008 less likely for the Swiss banking system. Banks would have less money to lend and potentially fewer liabilities assuming nothing else changes.
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