New capital requirements for Swiss banks will slow growth at UBS, says finance minister

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 27 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 63%

Karin Keller-Sutter News

Capital Requirements

The Swiss government's proposed tougher capital requirements for the banking industry will impact UBS's ability to grow, the country's finance minister said ...

ZURICH - The Swiss government's proposed tougher capital requirements for the banking industry will impact UBS's ability to grow, the country's finance minister said in an interview published on Saturday.

"If we adjust this regulation now, it will have consequences for the growth and size of UBS," she said. In the interview, Keller-Sutter again criticised UBS CEO Sergio Ermotti's pay package, which last year amounted to 14.4 million Swiss francs .JPMorgan again warns investors about "uncertain" year ahead. Big banks issue mixed profit reports

Jeff Bezos and fiancée Lauren Sánchez were among the top tech bosses and business leaders to attend a lavish White House dinner

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

New capital requirements for Swiss banks will slow growth at UBS, says finance ministerThe Swiss government's proposed tougher capital requirements for the banking industry will impact UBS's ability to grow, the country's finance minister said ...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

New capital requirements for Swiss banks will slow growth at UBS, says finance ministerExplore stories from Atlantic Canada.
Source: SaltWire Network - 🏆 45. / 63 Read more »