May 20, 2024
Finance

Swiss financial regulator plans to stress-test UBS this year

By Noele Illien BERN (Reuters) – Swiss financial regulator FINMA said on Wednesday it plans to carry out 40 reviews of UBS and two stress tests this year on the bank after it took over rival Credit Suisse in 2023, which heightened concerns about ‘too big to fail’ lenders. FINMA laid out plans for regulating

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