New recommendations for Swiss banks on too big to fail issue

, Comments 0 comments

Bern, Switzerland GenevaLunch - Switzerland’s two biggest banks, UBS AG and Credit Suisse Group, need to increase their capital reserves beyond international standards, said on 4 October a committee of public-private experts appointed by the Swiss Federal Council aimed at mitigating the “too big to fail” problem. The Commitee of Experts believes that both banks are ...

0 Comments To This Article