The measure needed to secure a majority of Switzerland's 26 cantons as well as a simple majority of voters to be successful.
(Reporting by John Revill; Editing by Keith Weir)
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4,120 CHF | +2.74% | +3.52% | -4.19% |
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ZURICH (Reuters) - A radical plan to upend Switzerland's financial landscape by barring commercial banks from creating money has been defeated after failing to win a majority of support from the Swiss cantons, Swiss broadcaster SRF said on Sunday.
The measure needed to secure a majority of Switzerland's 26 cantons as well as a simple majority of voters to be successful.
(Reporting by John Revill; Editing by Keith Weir)
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Change
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5d. change
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Capi.
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410.7 USD | +0.39% | +3.29% | 114B | ||
116 CHF | -0.69% | -0.47% | 37.45B | ||
1st Jan change | Capi. | |
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-4.19% | 443M | |
+17.75% | 575B | |
+12.62% | 298B | |
+3.14% | 244B | |
+17.76% | 204B | |
+8.39% | 166B | |
+1.51% | 157B | |
-2.60% | 145B | |
+1.96% | 142B | |
-15.29% | 131B |