financetom
Business
financetom
/
Business
/
UBS: lessons drawn from Credit Suisse case could spark tougher regulation
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
UBS: lessons drawn from Credit Suisse case could spark tougher regulation
Mar 27, 2024 11:49 PM

ZURICH, March 28 (Reuters) - UBS on Thursday

said findings drawn up by bodies in Switzerland looking into the

2023 collapse of Credit Suisse could result in "more stringent

regulation" in future.

UBS, which acquired its smaller rival Credit Suisse last

year, made the observations in its latest annual report.

(Writing by Andrey Sychev

Editing by Dave Graham)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Goldman Sachs combines Asia investment banking units, names Drayton APAC head
Goldman Sachs combines Asia investment banking units, names Drayton APAC head
May 26, 2025
HONG KONG, May 22 (Reuters) - Goldman Sachs ( GS ) is bringing together previously separately-managed three Asian investment banking businesses into one unit to integrate its regional deals advice and capital market capabilities, according to a memo reviewed by Reuters on Thursday. Iain Drayton, currently head of investment banking, Asia excluding Japan, at Goldman Sachs ( GS ), will...
Sweeping Trump tax bill clears key hurdle with US House Republicans
Sweeping Trump tax bill clears key hurdle with US House Republicans
May 26, 2025
* Johnson predicts success after meeting with Trump and holdouts * Bill would add $3.8 trillion to the U.S. debt * Democrats argue bill favors wealthy, cuts social programs (Updates with committee vote and expected floor votes) By David Morgan and Bo Erickson WASHINGTON, May 21 (Reuters) - U.S. President Donald Trump's massive tax and spending bill cleared an important...
Freeport Indonesia says Manyar smelter resumes operations
Freeport Indonesia says Manyar smelter resumes operations
May 26, 2025
JAKARTA, May 22 (Reuters) - Copper miner Freeport Indonesia said its $3.7 billion Manyar smelter has resumed operations and is expected to produce copper cathode by the fourth week of June. Freeport's CEO Tony Wenas said in a statement on Thursday that the plant was expected to reach full production capacity by December. ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved