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SNB expects FY 2016 consolidated profits of CHF 24bln

ByMike Paterson

Jan 9, 2017

Swiss National Bank out with FY 2016 results 9 Jan
– FY 2016 profit on FX positions CHF 19bln
– gold valuation gain CHF 3.9bln
– expects to pay out CHF 1bln to cantons and Swiss govt
Form an orderly queue folks.

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By Mike Paterson

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