Under the proposal, the bank would be required to hold 90% in top-tier capital against its foreign subsidiaries, down from 100% the government previously planned ... .
Switzerland's upper house of parliament backed tougher capital requirements on Wednesday for UBS, the country's largest bank, advancing efforts to strengthen banking safeguards following the 2023 collapse of Credit Suisse.
) ... This political outcome is not a compromise and fails to address the root causes of the Credit Suisse collapse ... The respondents clearly dismissed the Federal Council's extreme regulatory proposals as damaging to the Swiss economy ... Disclaimer ... (noodl.
Germany’s upper house of parliament voted Friday to advance a proposal that would make it a criminal offense to publicly deny Israel’s right to exist or call for its destruction, ...