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Swiss Bank Rules Need a Stronger Capital Grip

June 23, 2026

The Swiss finance minister said that banks, especially UBS, must have solid capital rules. She pointed out that UBS is now the only global bank in Switzerland after buying Credit Suisse last year. The minister wants these rules to cover all parts of the bank, including its U. S. subsidiaries. At a

finance

Banks still paying for old crimes decades later

April 8, 2026

A recent court decision shows just how long shadows from the past can stretch. A US judge rejected a big bank’s attempt to avoid responsibility for dealing with Nazi-linked accounts that only came to light years after lawsuits were settled. In 1999, UBS and Credit Suisse paid out $1. 25 billion to o

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