[ad_1] LONDON/ZURICH, Nov 3 (Reuters) – Swiss authorities and lenders, including UBS (UBSG.S), are discussing new measures to prevent bank runs after Credit Suisse’s rescue earlier this year, four sources…
Tag: SNB
Banks should slow deposit withdrawals, prepare better collateral to evade crises – SNB
[ad_1] Vice-Chairman of the Swiss National Bank (SNB) Martin Schlegel attends a news conference in Zurich, Switzerland, March 23, 2023. REUTERS/Denis Balibouse/File photo Acquire Licensing Rights Liquidity assistance alone not…
Swiss National Bank cuts rates on overnight deposits as interest costs soar
[ad_1] ZURICH, Oct 30 (Reuters) – The Swiss National Bank on Monday said it will reduce the amount of interest it pays commercial banks for money deposited with it overnight…
Global watchdog reveals tensions at heart of Credit Suisse debacle
[ad_1] LONDON, Oct 10 (Reuters) – Global regulators defended Switzerland’s move to back a rescue deal for Credit Suisse in March instead of liquidating it, in a report that exposed…
UBS pays bumper rates on deposits to repair Credit Suisse outflows -sources
[ad_1] Logos of Swiss banks Credit Suisse and UBS are seen before a news conference in Zurich Switzerland, August 30, 2023. REUTERS/Denis Balibouse/File Photo Acquire Licensing Rights ZURICH, Oct 4…
Swiss government reiterates financial commitment to Credit Suisse deal
[ad_1] [1/3]A view shows the logo of Credit Suisse on a building near the Hallenstadion where Credit Suisse Annual General Meeting took place, two weeks after being bought by rival…
Credit Suisse pays down debt to calm investors
[ad_1] Bank to buy back up to $3 billion of debt Bid to reassure investors Move comes weeks ahead of planned overhaul ZURICH, Oct 7 (Reuters) – Credit Suisse (CSGN.S)…
Swiss government appoints new Swiss National Bank board member
[ad_1] The Swiss National Bank (SNB) building is seen near the Limmat river in Zurich, Switzerland March 23, 2023. REUTERS/Denis Balibouse/File Photo Acquire Licensing Rights ZURICH, Sept 22 (Reuters) –…
Swiss financial watchdog to lose more staff
[ad_1] The logo of Swiss Financial Market Supervisory Authority FINMA is seen outside their headquarters in Bern, Switzerland April 5, 2016. REUTERS/Ruben Sprich//File Photo Acquire Licensing Rights ZURICH, Sept 21…
Swiss post mortem of Credit Suisse crisis to go back to 2015
[ad_1] The logo of Credit Suisse is pictured on a building near the Hallenstadion where took place the Annual General Meeting, two weeks after being bought by rival UBS in…