A warm welcome to the program. Lets talk about stress. The Federal Reserve rejected the capital plan for banks. Jonathan ferro has details for us. Jon . Youre not stressed. I am, quite often. The fed says no. I think that is big news overnight. For citigroup. Plans to buy back shares and boost dividends. They are going to have to readdress plans. Two rounds no those tests. Think of the first one as what if . What if unemployment peaked at 11 . House prices fell 25 . Can these banks withstand a recession . St week the big guns all passed. The result is about taking into account their capital plans. It is very subjective. It wasnt just citi that failed. Hsbc. Santander. It is really interesting. On the quantitative measures to peer one capital, they pass. They passed in that sense but they failed on the processes. R. B. F. . Does it mean for it is r. B. S. . It is planning to sell shares. Revenue and losses under economic stress. How many problems did this bank have . This is one of them
Martine Clozel was selected for the Prix Suisse award for her contribution to research, science, and medicine and was presented with the Prix Suisse by the.
Martine Clozel was selected for the Prix Suisse award for her contribution to research, science, and medicine and was presented with the Prix Suisse by the National Council President Irène KälinThe Prix
Investegate announcements from Idorsia Pharmaceuticals Ltd, Idorsia congratulates its Chief Scientific Officer Martine Clozel who has been honored by Initiative Switzerland with the Annual Prix Suisse Award