Bastian Benrath
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UBS Faces Capital Hit As High As $25 Billion, Minister Says
UBS Group AG faces an increase in regulatory capital requirements that could reach $15 billion to $25 billion under reforms proposed in the wake of the collapse of Credit Suisse, Swiss Finance Minister Karin Keller-Sutter told Tagesanzeiger.
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UBS Faces Capital Hit As High As $25 Billion, Minister Says
UBS Group AG faces an increase in regulatory capital requirements that could reach $15 billion to $25 billion under reforms proposed in the wake of the collapse of Credit Suisse, Swiss Finance Minister Karin Keller-Sutter told Tagesanzeiger.
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Zurich Apologizes For Paying Workers Double In $200 Million Bank Glitch
Zurich authorities have apologized to city employees after a technical glitch caused a double payment of monthly salaries that local officials are now trying to claw back.
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Zurich Apologizes For Paying Workers Double In $200 Million Bank Glitch
Zurich authorities have apologized to city employees after a technical glitch caused a double payment of monthly salaries that local officials are now trying to claw back.
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India Eyes $100 Billion Investment From Switzerland, Norway
The contours of the deal have been agreed and deliberations currently center on the final investment amount, which could be as much as $100 billion over 15 years, some of the people said.
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Ukraine, Switzerland Prepare Meeting To Push Peace Formula
A meeting of national security advisers focused on Ukraine’s peace formula ended in Davos a day before with no clear path forward.
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Swiss Vote On Plan To Nationalize UBS Proposed, SoZ Reports
Popular initiatives are a key part of Switzerland’s system of direct democracy. Even if they don’t succeed, they often influence public debate.
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China Sprints Ahead In Race To Modernize Global Money Flows
The digital yuan challenge to US dollar dominance in $7 trillion of daily FX flows is dashing ahead thanks to blockchain-enabled mBridge project
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Credit Suisse Collapsed, And Switzerland Went Back To Making Money
It is almost as if most Swiss heaved a collective shrug and the country went back to making money.
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Swiss Pass OECD Minimum Tax, 2050 Climate Goal In Vote
The tax increase was supported by 79% of the electorate, according to initial data from national broadcaster SRF and GFS Bern.
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Switzerland Reiterates UBS-Credit Suisse Takeover Is A Done Deal
The government guarantees for 109 billion francs ($121 billion) of emergency liquidity and potential losses related to the takeover.
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Switzerland Reiterates UBS-Credit Suisse Takeover Is A Done Deal
The government guarantees for 109 billion francs ($121 billion) of emergency liquidity and potential losses related to the takeover.
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Swiss Lower House Censures UBS Guarantees In Symbolic Vote
Irrespective of the vote, parliament can’t stop the takeover negotiated last month.
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Swiss Lower House Makes Symbolic Vote Against CS Deal Guarantees
Swiss parliament’s lower house overnight on Tuesday voted against approving 109 billion francs ($120 billion) in government guarantees for UBS Group AG’s takeover of Credit Suisse Group AG.
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Swiss Lower House Makes Symbolic Vote Against CS Deal Guarantees
Swiss parliament’s lower house overnight on Tuesday voted against approving 109 billion francs ($120 billion) in government guarantees for UBS Group AG’s takeover of Credit Suisse Group AG.
