
UBS is entering a complex phase of integrating over 13,500 artworks inherited from Credit Suisse as it navigates regulatory scrutiny in Switzerland. The Swiss National Bank (SNB) has indicated the need for stronger capital requirements for UBS, emphasizing that weaknesses in the banking capital regime must be addressed following the 2023 collapse of Credit Suisse. UBS has described the public debate surrounding its business activities as 'ill-informed,' which has contributed to uncertainties as the bank prepares for 2025. Switzerland's Finance Minister, Karin Keller-Sutter, has stated that the government will not be influenced by UBS's lobbying efforts against stricter capital regulations. The Swiss parliament has supported all proposals for regulating large banks put forth by the investigation committee into Credit Suisse's failure, reflecting a unified stance on enhancing the robustness of the banking sector.
Deux ans après la chute de Credit Suisse, UBS et la Confédération ne parlent plus la même langue https://t.co/PIW3ZB14Nm
🇨🇭SWISS CENTRAL BANK WARNS: BANKING RULES STILL TOO WEAK Two years after Credit Suisse’s collapse, the Swiss National Bank says the country’s banking system is still vulnerable. It’s backing government plans for tougher regulations to prevent another crisis. Switzerland has… https://t.co/rz3QM0vIqv https://t.co/uEef0DKuPb
Swiss regulator recommends phased-in capital demands for UBS. Specific details undisclosed at this time. #finance #regulation $NDXP





