Oliver Hirt

1 week ago | thewealthadvisor.com | Oliver Hirt

(Reuters) - Switzerland's main banking lobby on Friday said the Swiss economy could face serious consequences if UBS were driven away, intensifying warnings about the risks of hitting the bank with excessive regulations. Switzerland is drawing up stricter banking rules to make the sector more robust after the 2023 collapse of Credit Suisse. UBS acquired its old rival, raising concern about the potential risk to the economy the enlarged bank posed.

1 week ago | gurutrade.com | Oliver Hirt |Barbara Lewis

ZURICH, April 11 (Reuters) - Switzerland's main banking lobby on Friday said the Swiss economy could face serious consequences if UBS were driven away, intensifying warnings about the risks of hitting the bank with excessive regulations. Switzerland is drawing up stricter banking rules to make the sector more robust after the 2023 collapse of Credit Suisse. UBS acquired its old rival, raising concern about the potential risk to the economy the enlarged bank posed.

4 weeks ago | msn.com | Ariane Lüthi |Oliver Hirt

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4 weeks ago | kfgo.com | Ariane Lüthi |Oliver Hirt

By Ariane Luthi and Oliver HirtZURICH (Reuters) – Two years since it acquired Credit Suisse to create a Swiss banking giant, UBS is trying to head off tougher regulations by offering to limit the future size of its investment bank and hold more capital, people familiar with discussions said. The 2023 collapse of Credit Suisse was a watershed for Switzerland, leaving it with just one global lender and prompting regulators to demand it hold more capital to make the industry safer.

4 weeks ago | kelo.com | Ariane Lüthi |Oliver Hirt

By Ariane Luthi and Oliver HirtZURICH (Reuters) – Two years since it acquired Credit Suisse to create a Swiss banking giant, UBS is trying to head off tougher regulations by offering to limit the future size of its investment bank and hold more capital, people familiar with discussions said. The 2023 collapse of Credit Suisse was a watershed for Switzerland, leaving it with just one global lender and prompting regulators to demand it hold more capital to make the industry safer.