UBS Shares Fall 6 Percent Amid Concerns Over Stricter Swiss Capital Rules
UBS shares dropped as much as 6 percent on Tuesday despite exceeding fourth-quarter profit expectations, due to CEO Sergio Ermotti's warning about stricter Swiss capital rules that could impact the bank's buyback plans and future profitability, with a government proposal to be published in May.
UBS Shares Fall 6 Percent Amid Concerns Over Stricter Swiss Capital Rules
UBS shares dropped as much as 6 percent on Tuesday despite exceeding fourth-quarter profit expectations, due to CEO Sergio Ermotti's warning about stricter Swiss capital rules that could impact the bank's buyback plans and future profitability, with a government proposal to be published in May.
Progress
56% Bias Score
Credit Suisse Archive Yields Evidence of Nazi-Era Asset Concealment
Neil Barofsky's investigation of Credit Suisse archives from June 2021 to December 2022, and again since December 2023, uncovered 23 documents related to 13 individuals with known Nazi ties out of a sample of 99 names, prompting a full scan of the archives.
Credit Suisse Archive Yields Evidence of Nazi-Era Asset Concealment
Neil Barofsky's investigation of Credit Suisse archives from June 2021 to December 2022, and again since December 2023, uncovered 23 documents related to 13 individuals with known Nazi ties out of a sample of 99 names, prompting a full scan of the archives.
Progress
48% Bias Score
Credit Suisse Collapse: Internal Mismanagement and Regulatory Failures Blamed
A Swiss parliamentary report blames Credit Suisse's 2023 collapse on internal mismanagement, citing 33.7 billion Swiss francs in losses and 39.8 billion francs in management bonuses over 12 years, while also criticizing ineffective regulatory oversight by FINMA and recommending stricter regulations ...
Credit Suisse Collapse: Internal Mismanagement and Regulatory Failures Blamed
A Swiss parliamentary report blames Credit Suisse's 2023 collapse on internal mismanagement, citing 33.7 billion Swiss francs in losses and 39.8 billion francs in management bonuses over 12 years, while also criticizing ineffective regulatory oversight by FINMA and recommending stricter regulations ...
Progress
36% Bias Score
Credit Suisse Archive Reveals Evidence of Nazi-Era Asset Concealment
A review of Credit Suisse's archives by independent ombudsman Neil Barofsky revealed 23 documents linking 13 individuals with Nazi pasts to the bank, prompting a full archive scan and raising concerns about potential concealment of information regarding Nazi-era assets.
Credit Suisse Archive Reveals Evidence of Nazi-Era Asset Concealment
A review of Credit Suisse's archives by independent ombudsman Neil Barofsky revealed 23 documents linking 13 individuals with Nazi pasts to the bank, prompting a full archive scan and raising concerns about potential concealment of information regarding Nazi-era assets.
Progress
44% Bias Score
EU Postpones Stricter Bank Regulations Amidst Lobbying Controversy
The EU postponed the implementation of stricter banking regulations (Basel 3) until January 2026 due to lobbying efforts by banks claiming competitive disadvantages against the US, despite an internal ECB analysis suggesting European banks face stricter rules.
EU Postpones Stricter Bank Regulations Amidst Lobbying Controversy
The EU postponed the implementation of stricter banking regulations (Basel 3) until January 2026 due to lobbying efforts by banks claiming competitive disadvantages against the US, despite an internal ECB analysis suggesting European banks face stricter rules.
Progress
56% Bias Score