ZURICH: The emergency plans of UBS and Credit Suisse to deal with a financial crisis are effective, Switzerland’s regulator FINMA said.
The assessment follows a review of the recovery and resolution plans for the country’s big banks which FINMA ordered to be submitted by the end of 2019.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!