Reported 3 days ago
Swiss Finance Minister Karin Keller-Sutter emphasized the need for proportional capital requirements for UBS amid the overhaul of banking regulations following the Credit Suisse crisis. She acknowledged UBS's significant size relative to the Swiss economy, necessitating specific liquidity and equity capital measures. Keller-Sutter noted that while UBS faces stricter capital rules, the focus should be on a balanced approach that protects taxpayers while maintaining a competitive financial sector.
Source: YAHOO