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Swiss lawmakers reflect shift on banks with UBS capital decision
Source: reuters.com
Banking & LiquidityRegulation & LegislationManagement & Governance
Swiss lawmakers resisted UBS and business lobbying to soften proposed banking rules, underscoring political concern over the systemic risks posed by Switzerland's largest bank following Credit Suisse's 2023 collapse. The decision increases the prospect of tighter regulatory requirements for UBS and could weigh on its capital, liquidity, or operating flexibility.
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