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UBS to Revise Emergency Plans

Swiss regulator orders UBS to strengthen emergency plans

UBS must improve its emergency plans following its takeover of Credit Suisse to ensure the bank can be wound down or sold without risking financial stability and taxpayer cash, Swiss regulator FINMA said on Tuesday.

The Financial Times · 4d

Swiss regulator orders UBS to bolster emergency plans

The Swiss financial regulator has ordered UBS to bolster its emergency and recovery plans in light of the added risk it has taken on following its takeover of Credit Suisse last year.

Bloomberg L.P. · 4d

UBS to Revise Emergency Plans as Result of Takeover, Finma Says

UBS Group AG must revise its emergency planning and ensure it can be safely wound down in a crisis, taking account of the integration of Credit Suisse, financial supervisor Finma said.

Reuters on MSN · 4d

Swiss regulator tells UBS to strengthen its emergency plans

UBS must review and improve its plans for an emergency to increase its options should there be a risk of insolvency, Swiss financial markets regulator FINMA said on Tuesday. FINMA said it had suspended the annual assessment of UBS's emergency plans while Switzerland's last globally systemically important bank reviews its approach.

23hon MSN

UBS launches its experiential "House of Craft" campaign in New York as Credit Suisse integration continues

UBS's "House of Craft" campaign, which highlights artisanship, is the bank's first experiential brand initiative since its ...

What about me? UBS, Credit Suisse tech integration misfires with advisers

Street Talk understands wealth advisers are fired up about a global edict that will keep them wedded to the Credit Suisse ...

UBS Asked to Overhaul Living Will as It Swallows Credit Suisse

As UBS works to integrate Credit Suisse, the Swiss bank's main regulator has issues with its living will. Since the 2008 financial crisis, banks globally need to have resolution plans, detailing how ...

4don MSN

Swiss regulator tells UBS to strengthen its crisis plans

UBS must improve its emergency plans following its takeover of Credit Suisse to ensure the bank can be wound down or sold ...

UBS set to undergo revisions thanks to FINMA

"UBS set to undergo revisions thanks to FINMA" was originally created and published by Private Banker International, a ...

devdiscourse4d

UBS Urged to Fortify Crisis Strategy Post Credit Suisse Acquisition

Swiss regulator FINMA has directed UBS to enhance its emergency plans following the acquisition of Credit Suisse, aimed at ...

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