{
Birgit Mittwollen

People

}
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001122334455554433221100

Swiss finance minister emphasizes credible resolution planning for UBS capital requirements

Swiss Finance Minister Karin Keller-Sutter emphasized the need for credible resolution planning for UBS, stating that future capital requirements depend on the bank's resolvability in crises. Following the emergency takeover of Credit Suisse, the government proposed stricter capital regulations, particularly for foreign subsidiaries, but specific figures remain undetermined. Keller-Sutter highlighted the challenge of balancing the financial sector's competitiveness with economic protection and indicated that legislative drafts would be available in early 2025 for public comment.
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United States Dollar UBS AG Credit Suisse Anlagestiftung CHE Karin Keller-Sutter Birgit Mittwollen Dave Graham Oliver Hirt Show more
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07:38 01.11.2024
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