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Published 15 days ago

UBS "very concerned" about new capital requirements

Summary by Le Temps

At the bank’s general assembly, its president, Colm Kelleher, spoke out against the idea of creating more reserves to deal with possible problems. Credit Suisse’s integration should be completed in SeptemberCapital gains are “not the cure”, Colm Kelleher said at the UBS general assembly in Basel on Wednesday morning. The president of the big bank referred to measures presented on April 10 by the Federal Council to strengthen the rules applicable…

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UBS "very concerned" about new capital requirements

At the bank’s general assembly, its president, Colm Kelleher, spoke out against the idea of creating more reserves to deal with possible problems. Credit Suisse’s integration should be completed in SeptemberCapital gains are “not the cure”, Colm Kelleher said at the UBS general assembly in Basel on Wednesday morning. The president of the big bank referred to measures presented on April 10 by the Federal Council to strengthen the rules applicable…

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