SNB can continue to ignore climate risks, Swiss lawmakers say
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The Swiss National Bank won’t have to take climate and environmental risks into account in its monetary policy, parliamentarians have voted.
Up to CHF25 billion additional capital requirement for UBS realistic
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Switzerland's finance minister has said estimates UBS will need up to $25 billion in additional capital as part of government proposals are accurate.
UBS to face tougher rules in Swiss response to Credit Suisse rescue
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In 209 pages of recommendations on how to police banks deemed "too big to fail", the Swiss government pitched 22 measures for direct implementation.
Swiss National Bank: interventions necessary for price stability
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Without the foreign exchange market interventions of the SNB, there would have been no price stability in the last 15 years, said the SNB Vice-Chairman.