Swiss central bank increases minimum reserve requirements for banks
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The Swiss National Bank (SNB) is increasing the minimum reserve requirements for domestic banks and is amending the national bank ordinance on July 1, 2024.
SNB can continue to ignore climate risks, Swiss lawmakers say
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The Swiss National Bank won’t have to take climate and environmental risks into account in its monetary policy, parliamentarians have voted.
Up to CHF25 billion additional capital requirement for UBS realistic
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Switzerland's finance minister has said estimates UBS will need up to $25 billion in additional capital as part of government proposals are accurate.