UBS: lessons drawn from Credit Suisse case could spark tougher regulation

Reuters| Zurich | Switzerland

Updated: 28-03-2024 12:39 IST | Created: 28-03-2024 12:10 IST

Image Credit: Wikimedia Commons

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 the future.

UBS, which acquired its smaller rival Credit Suisse last year, made the observations in its latest annual report.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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Andrey SychevCredit SuisseDave GrahamSwitzerland

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