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Swiss finance minister and UBS boss face off ahead of capital decision
Source: reuters.com
Banking & LiquidityRegulation & LegislationManagement & Governance
Swiss Finance Minister Karin Keller-Sutter and UBS CEO Sergio Ermotti made final public appeals on Tuesday ahead of a Wednesday parliamentary decision on new Swiss bank-capital rules. The minister and UBS remain opposed on the proposed requirements, leaving regulatory uncertainty for Switzerland's largest bank.
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