{
Jacqueline Simmons

People

}

Swiss finance minister calls for stricter banking regulations to restore trust

Swiss Finance Minister Karin Keller-Sutter emphasized the need for stricter banking regulations to restore trust in the financial sector following the Credit Suisse crisis. She highlighted the importance of balancing competitiveness with economic protection and indicated potential new powers for the financial regulator, Finma, including the ability to fine bankers. The government is preparing to release findings from an inquiry into Credit Suisse's near collapse, which will inform future capital requirements for UBS Group AG.
SWI swissinfo.ch
United States Dollar Swiss Franc British Pound Sterling UBS Group AG Credit Suisse Anlagestiftung CHE Jacqueline Simmons Sergio Ermotti Karin Keller-Sutter Show more
Finance & Economy, News Article
09:01 01.11.2024
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