One of the world’s biggest banknotes – Switzerland’s SFr1,000 bill – is here to stay, the central bank has said, despite European Union moves to end its highest denomination note to keep it out of the hands of militants. European finance ministers last week called on the European Central Bank to look at ways of tightening security around the use of the €500 bill, over fears such a high-value note made it easier for terrorists and criminals to both launder and carry cash. But the Swiss National Bank (SNB) said there were no plans to follow Europe’s lead over its SFr1,000 bill, worth More than £700 or $1,014. The ... (full story)