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2024 - Unresolved Concerns: PUK Report Highlights Ongoing State Guarantee Issues for UBS

Summary by The Latest News
Switzerland faces critical discussions on its banking regulations, particularly concerning UBS, in light of the Credit Suisse crisis. A parliamentary report criticizes financial oversight and highlights the need for stricter capital requirements and clearer crisis management plans. Despite past regulatory enhancements post-2008, state support was still necessary for Credit Suisse’s issues. The report suggests reassessing the capital quality of m…
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