UBS: lessons drawn from Credit Suisse case could spark tougher regulation-March 2024-www.financetom.com

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)

Previous page： Triple Flag Names New CEO Next page： Freeport-McMoRan's Q2 Adjusted Net Income, Revenue Rise

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.

Show More Comments

Related Articles >

Triple Flag Names New CEO

Jul 23, 2024

08:19 AM EDT, 07/23/2024 (MT Newswires) -- Triple Flag Precious Metals ( TFPM ) said Tuesday that Sheldon Vanderkooy will succeed Shaun Usmar as CEO and director. The appointment will take effect following the departure of Usmar, who is stepping down to assume a new leadership role with a major diversified mining company. The transition is expected to be finalized...

Freeport-McMoRan's Q2 Adjusted Net Income, Revenue Rise

Jul 23, 2024

08:19 AM EDT, 07/23/2024 (MT Newswires) -- Freeport-McMoRan ( FCX ) reported Q2 adjusted net income Tuesday of $0.46 per share, up from $0.35 a year earlier. Analysts polled by Capital IQ expected $0.38. Revenue for the quarter ended June 30 was $6.62 billion, up from $5.74 billion a year earlier. Analysts surveyed by Capital IQ expected $6.01 billion. The...

--US Department of Transportation Opens Investigation Into Delta Air, Buttigieg Says

Jul 23, 2024

08:18 AM EDT, 07/23/2024 (MT Newswires) -- Price: 43.96, Change: +0.13, Percent Change: +0.30 ...

Macquarie Airfinance orders 20 Boeing 737 MAX-8 jets

Jul 23, 2024

FARNBOROUGH, England, July 23 (Reuters) - Macquarie Airfinance said on Tuesday it had ordered 20 Boeing 737 MAX-8 planes to be delivered in 2029-2030. The order, announced at the Farnborough Airshow, is worth just over $1 billion, according to estimated delivery prices from Cirium Ascend. ...