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Finma vs. UBS: Revenge of the Bureaucrats
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finews.asiaFinma vs. UBS: Revenge of the Bureaucrats
Swiss regulators are mounting a puzzling offensive against the very mega-bank they themselves helped merge in the 2023 emergency. Finance Minister Karin Keller-Sutter is keeping her head down. Fortunately, the decisive battle over capital requirements will be fought in Parliament, writes finews.com.
The authorities are driving an irritating offensive against the mega-bank, which they have merged themselves in need. Finance Minister Karin Keller-Sutter is ducking away. Fortunately, the decisive battle for equity in parliament is being fought, says finews.ch.
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