Swiss regulators demand UBS add $20B in safety reserves to prevent taxpayer-funded bailout

Swiss regulators demand UBS add $20B in safety reserves to prevent taxpayer-funded bailout

Summary

Banking giant UBS was ordered Wednesday to set aside an extra $20 billion in safety reserves in Switzerland as the government there moves to tighten rules aimed...

Description

Banking giant UBS was ordered Wednesday to set aside an extra $20 billion in safety reserves in Switzerland as the government there moves to tighten rules aimed...

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