Swiss Central Bank Posts Record Profit

The Swiss National Bank (SNB) reported a 19.1 billion Swiss franc profit for the third quarter, Bloomberg reports, citing strong gains from gold and foreign asset investments.

The bank's robust performance follows a $23 billion profit in the previous reporting period, per CNBC, as global markets supported its investment strategy during volatile economic conditions.

Meanwhile, the canton of Vaud experienced two minor earthquakes on Friday, October 30, with a magnitude 2.0 tremor near Sitten, according to VolcanoDiscovery; no damage was reported.