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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 ...
Cedric Wermuth Stefania Spezzati Noele Illien Oliver Hirt John Revill Peterv Kunz
Source: yahoo.com

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