19 mars 2025|
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|9 months agoSwiss Parliament Strengthens Banking Oversight Following Credit Suisse Investigation
Both chambers of parliament unanimously approve new regulatory measures for systemically important banks, mandating stricter capital requirements and enhanced supervisory powers for FINMA.
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Generated IllustrationKey Takeaways
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- Both chambers of Swiss parliament unanimously approved new banking regulations
- The measures include stricter capital requirements for systemically important banks
- FINMA will receive enhanced supervisory powers over systemically important banks
- UBS's size after Credit Suisse acquisition is considered a major risk to Swiss economy
By The Numbers
$3.25 billion
UBS takeover value of Credit Suisse
30%
Credit Suisse share price drop in March 2023
They Said
"UBS XXL now represents one of the greatest risks to the prosperity and stability of our country"
"Crises don't follow scripts, we don't know what the next crisis might look like"