Wealth and Asset Management
Big Bank Regulation: Bankers Association Warns, UBS Reaffirms
On Friday, the Federal Council opened the consultation process on amendments to the Banking Act and the Capital Adequacy Ordinance. The first reactions from the Swiss Bankers Association (SBA) and UBS followed swiftly. In reviewing the Credit Suisse crisis, the SBA criticized the Federal Council’s plans to massively tighten capital…
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Click here to read the full story: Finews.com