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ubs urged to enhance contingency plans after credit suisse crisis

The Swiss stock exchange regulator, Finma, has urged UBS to enhance its contingency plans following the Credit Suisse crisis, which revealed the need for improved crisis preparedness among systemically important banks. UBS has begun refining its plans to ensure uninterrupted operations and better liquidity management in case of insolvency risks. The regulator emphasized the importance of robust liquidity measures to address rapid deposit withdrawals, a key issue highlighted by the recent banking turmoil.
usinenouvelle.com
United States Dollar Credit Suisse Anlagestiftung UBS SA CHE Oliver Hirt Tommy Reggiori Wilkes
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10:22 15.10.2024
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