SNB sees Swiss banks well placed to face challenges, UBS well capitalised

The Swiss National Bank said Swiss banks are in a good position to handle current macro and financial challenges, highlighting that UBS appears well capitalised as it faces tougher capital requirements. Overall messaging is supportive, suggesting limited near-term balance-sheet stress.

Analysis

The Swiss National Bank said Swiss banks are in a good position to handle current macro and financial challenges, highlighting that UBS appears well capitalised as it faces tougher capital requirements. Overall messaging is supportive, suggesting limited near-term balance-sheet stress.