Swiss banks boost capital bases despite coronavirus crisis
Swiss banks have been able to strengthen their capital bases despite deteriorating economic conditions during the coronavirus pandemic, according to the Swiss National Bank (SNB). This applies to the two big banks, UBS and Credit Suisse, and also domestic banks. UBS and Credit Suisse now have regulatory capital ratios in line with pre-pandemic levels and fully comply with the legal transparency requirements of the "too big to fail" (TBTF) regulation, according to the 2021 financial stability report issued by SNB on Thursday. Читать дальше...