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ubs potential international shift raises concerns for swiss banking identity

Former Chairman of the Supervisory Board Daniel Zuberbühler expresses concern that UBS's potential move abroad would diminish Switzerland's status as a global banking hub, reducing it to a large subsidiary. He warns that if Kelleher and Ermotti continue to resist increasing equity, the worst outcome may be unavoidable acceptance of this shift.
07:46 09.11.2024

debate on bank capital requirements intensifies amid calls for increased stability

At a recent Swiss Finance Institute event, experts debated the need for increased capital requirements for banks, particularly UBS, in light of the Credit Suisse crisis. While some argue that higher equity could enhance stability, others warn it may hinder lending and competitiveness. The upcoming PUK report is anticipated to shed more light on these critical issues.
13:45 06.11.2024
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