Comment & Analysis
Higher Swiss Leverage Ratio Could Mean End of Universal Bank
Swiss Finance Minister Eveline Widmer-Schlumpf said lenders including UBS AG (UBSN) and Credit Suisse Group AG may have to pull out of investment banking as she called for their leverage ratios to be raised. “Banks would have to consider whether to carry on with investment banking or focus even more…
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Click here to read the full story: Bloomberg