US EditionNew UBS Rules: What Are They and How Will They Impact Swiss Bank?
6 Articles
6 Articles
Three years after the fall of Credit Suisse, the government is forwarding to Parliament a draft law on capital requirements for the large bank. This measure, aimed at the stability of the financial centre, would ask the capital management giant to strengthen its capital by 20 billion dollars.The decision was very much expected. Three years after the fall of Credit Suisse, another step to strengthen the too big to fail mechanism regulating large,…
Finance Minister Karin Keller-Sutter explains to the media how Grossbank UBS will be regulated in the future.
The Federal Council has decided for UBS in the dispute over the capital requirements.The seven most important questions and answers. Federal Councillor Karin Keller-Sutter listens to a question during a media conference of the Federal Council on the amendment of the Banking Act.Image: keystoneThe Federal Council has decided for UBS in the dispute over the capital requirements.The seven most important questions and answers.In March 2023 Credit Su…
Swiss Finance Minister Keller-Sutter is making concessions to the major bank UBS regarding stricter capital requirements. The bank's core tier 1 capital is to be increased by $20 billion. UBS categorically rejects the package and had previously threatened consequences.
The decisions of the Federal Council met with harsh criticism at UBS. Grossbank hopes for corrections by parliament and examines measures.
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