Saturday 23 November 2024
 
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Swiss banks 'well capitalised'

Swiss banks are well capitalised in the current financial crisis, the country's bank watchdog said after the collapse of US investment bank Lehman Brothers raised fresh concern about the health of the financial sector. "Swiss banks are wel

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Swiss bank body raising capital requirements

The Swiss federal banking regulator EBK is in the process of raising capital reserve requirements for investment banks, its president said in an interview published on Sunday. 'We have already required an extra buffer from the banks for a

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