Swiss voters have rejected the Vollgeld initiative, which would have stripped banks of their ability to "create" money when giving loans to consumers and businesses.
(FT have more, may be gated
Ungated here at Bloomberg )
Swiss National Bank will be relieved
Background on this here: Switzerland is toying with the idea of removing the ability of banks to increase money supply in a vote on sovereign money, or Vollgeld
And, on a bigger picture: Fractional reserve banking is a myth
