Parliamentary commission: yes to Swiss big bank capital hike

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GenevaLunch.com BERN, SWITZERLAND - The finance commission of the Swiss parliament’s lower house has given its approval to new rules that would require Switzerland’s two largest banks, UBS and Credit Suisse, to increase their capital bases substantially above the amount required by Basel III global requirements. Basel III rules were established by the Basel Committee on ...Parliamentary commission: yes to Swiss big bank capital hike © genevalunch.com, Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported.

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