Swiss regulator welcomes UBS's strategic focus

Swiss regulator welcomes UBS's strategic focus
Representative Image Image Credit: Wikimedia Commons
  • Country:
  • Switzerland

Swiss financial regulator FINMA has specified the central elements of its regulatory requirements for the merged UBS and Credit Suisse, it said on Monday.

The regulator also said it "welcomes UBS's strategic focus, which foresees a rapid reduction of risk in investment banking."

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