Keller-Sutter on Commission Decision: "A Solution in Favour of the Bank"

Schweizer Radio und Fernsehen (SRF)

Lean Left

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Finance Minister Karin Keller-Sutter is disappointed by the compromise on the capital rules for UBS.

woz.ch

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This week showed how powerful the UBS is. And how forgetful bourgeois parliamentarians: inside. The majority of the Economic Commission of the Council of States (WAK-S) decided on Monday a billion-dollar gift to the bank. ...more

Moneycab

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Systemically relevant banks with holdings abroad should be able to subdue these holdings half with hard equity and half with AT1 bonds. This is what the competent Council of State commission wants. Finance Minister Karin Keller-Sutter sets a question mark behind this request.