The Swiss government has put their foot down with UBS and Credit Suisse and will be giving tougher capital requirements in hopes to avoid any future potential financial crisis’s. The reason for tough capital requirements is based on the idea that banks the size of UBS and Credit Suisse will grow to and become so big and would for see trouble… Read more →
UBS has issued a warning regarding profit impact from the increase to the value of the Swiss Franc coupled with negative interest rates and the ongoing tax investigation in the United States. Shares in the company have slid as of late despite the issuance of triple the dividend paid out a year prior. Earlier in the year, the Swiss National… Read more →