Wealth and Asset Management
UBS and Credit Suisse cut back on domestic mortgages
Switzerland’s two biggest banks have cut their share of the domestic mortgage market as ultra-low interest rates hit business models and worries grow about high property prices in the affluent local economy. UBS and Credit Suisse together accounted for just 27.4 per cent of the SFr960bn ($996bn) Swiss mortgage market…
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Click here to read the full story: Financial Times