U.S. has been seeking data on depositors suspected of using UBS bank accounts to hide cash from IRS.
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BING NEWS:
- Switzerland says UBS may need more cash. The bank is fuming
A year after the failure of Credit Suisse, the Swiss government says UBS may have to find as much as $27 billion to absorb potential losses. Now, the giant Swiss lender is hitting back, saying its ...
04/24/2024 - 4:49 am | View Link - UBS chair says bank is 'seriously concerned' about Swiss capital plan
Chairman Colm Kellenher said Wednesday that the Swiss banking giant is "seriously concerned" about the Swiss government's proposal to mandate the lender to significantly increase its capital reserves.
04/24/2024 - 3:34 am | View Link - UBS flags 'serious' concern about new Swiss capital requirements
UBS executives on Wednesday told shareholders that the bank has major concerns about the Swiss government's recently announced plan to hit the country's largest lender with tougher capital ...
04/24/2024 - 3:33 am | View Link - Banco Estado to bring more Chile AT1 after Peru's Cofide reopens LatAm
Although Santander Chile issued the country’s first AT1 back in October 2021, it was all sold internally to a Grupo Santander-owned entity. The Chilean regulator’s gradual approach to Basel III ...
04/24/2024 - 1:40 am | View Link - Meet The CVC Capital Partners Cofounders Set To Become Billionaires
The private equity firm that owns Petco and Swiss watchmaker Breitling is slated to go public on Friday at a valuation of up to $16 billion, minting two new billionaires.
04/22/2024 - 2:33 pm | View Link - More
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