Banks and clients rebuild relationships post-SNB move
Trade pricing difficulties since the Swiss National Bank's removal of the franc's currency floor have caused friction with clients
The majority of disputes between banks and clients over pricing Swiss franc deals have been resolved since the Swiss central bank's January 15 removal of the franc's currency floor, with banks yielding to demands to stick to mispriced deals, leaving only a few unresolved cases and lingering bad feeling on both sides.
Relationships became fraught after the Swiss National Bank (SNB) pulled its minimum exchange rate in the franc, leading to a market event where banks struggled to price contracts
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