ZURICH (Reuters) - Central banking is not boring, although being prepared to carry the label is perhaps the key to success, departing Swiss National Bank Chairman Thomas Jordan said on Saturday. Jordan, who is due to step down at the end of September, defended his record steering...
Banks also needed to ensure they had enough assets to serve as collateral to secure emergency liquidity support, he added. Finally, the option of resolution - an orderly winding down or restructuring of a bank - should be credible, Jordan said, noting: "We need a system where a ba...