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Analysis-Swiss Banking Plan Leaves 'Relieved' UBS Out of Immediate Firing Line

Analysis-Swiss Banking Plan Leaves 'Relieved' UBS Out of Immediate Firing Line
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Dave Graham , Rogeliov Solis , Peterv Kunz , Stefania Spezzati , Karin Keller Sutter , Oliver Hirt , Adriel Jost , John Revill , Noele Illien , Denis Balibouse , Thomas Hallett , Cedric Wermuth , Peter Graff , Institute For Swiss Economic , Swiss Bankers Association , Credit Suisse , University Of Bern , Switzerland March , Federal Council , Social Democrats , Should See , Mississippi State Capitol , Minister Karin Keller Sutter , Swiss Economic Policy ,

Analysis-Swiss banking plan leaves 'relieved' UBS out of immediate firing line

UBS could take years to feel the bite of new regulations after the Swiss government set out plans aimed at keeping the "monster bank" in line that were light on detail and heralded a tortuous political process to enshrine them in law. Shares in the Zurich-based lender took a knock on Wednesday after the finance ministry said its "too big to fail" recommendations envisaged tougher capital requirements for UBS and other systemically important banks following the rescue of its stricken rival Credit Suisse in 2023. "The measures proposed by the Federal Council are not enough to finally regulate the banking sector effectively," said Cedric Wermuth, co-leader of the centre-left Social Democrats (SP), the second-biggest party in the Swiss parliament. ....

Cedric Wermuth , Stefania Spezzati , Noele Illien , Oliver Hirt , John Revill , Peterv Kunz , Peter Graff , Adriel Jost , Thomas Hallett , Karin Keller Sutter , Dave Graham , Swiss Bankers Association , Institute For Swiss Economic , University Of Bern , Credit Suisse , Federal Council , Social Democrats , Minister Karin Keller Sutter , Swiss Economic Policy , Capital Requirements , Banking Sector , Ebs Stock , Swiss Francs , Swiss Government ,

Swiss banking plan leaves 'relieved' UBS out of immediate firing line

UBS could take
years to feel the bite of new regulations after the Swiss
government set out plans aimed at keeping the monster bank in
line that were light on detail and heralded a tortuous. ....

Oliver Hirt , Karin Keller Sutter , Noele Illien , Dave Graham , Peterv Kunz , Peter Graff , Adriel Jost , Cedric Wermuth , Thomas Hallett , Credit Suisse , University Of Bern , Institute For Swiss Economic , Swiss Bankers Association , Federal Council , Social Democrats , Minister Karin Keller Sutter , Swiss Economic Policy , John Revill Additional , Stefania Spezzati Editing ,

Swiss banking plan leaves 'relieved' UBS out of the firing line

UBS could take years to feel the bite of new regulations after the Swiss government set out plans aimed at keeping the “monster bank” in line that were light on detail and heralded a tortuous political process to enshrine them in law. ....

Cedric Wermuth , Karin Keller Sutter , Peterv Kunz , Adriel Jost , Thomas Hallett , John Revill , Institute For Swiss Economic , Swiss Bankers Association , Credit Suisse , University Of Bern , Federal Council , Social Democrats , Minister Karin Keller Sutter , Swiss Economic Policy ,

Lindt & Sprüngli hit with child labor allegations in cocoa supply chain

Swiss premium chocolate company Lindt & Sprüngli is among the leading players in the premium chocolate space with a presence in over 120 countries worldwide and a portfolio of chocolate brands including Russell Stover, Ghirardelli, Caffarel, Lindor, and their flagship Lindt brand. Along with other short-term challenges it is now facing allegations of human rights issues with its cocoa suppliers.

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United States , Peterv Kunz , North America , Ocoa Amp Sugar , Lindt Amp Sprüngli ,