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Switzerland Sets Leverage Ratio at 5% for UBS, Credit Suisse

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UBS Group AG and Credit Suisse Group AG must hold capital equal to 5 percent of assets to boost their resilience and protect taxpayers in the event they need to be wound down, the Swiss government said Wednesday. The new requirement must be met by the end of 2019, the…

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Click here to read the full story: Swissinfo

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