Following the collapse, a banking overhaul was triggered, leading to new rules mandating executive accountability and bonus clawbacks.
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Updated Sep 24
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What happened
Following the collapse, a banking overhaul was triggered, leading to new rules mandating executive accountability and bonus clawbacks.
Who's involved
What this event is mainly aboutKeep exploring
Part of
Following the acquisition of Credit Suisse, the Swiss parliament proposed new banking regulations for UBS.Also in this story
- The Swiss parliament has proposed stricter capital requirements for UBS.
- The ongoing financial crisis involving UBS and Credit Suisse is leading to calls for banking reform, including exploring the phase-out of AT1 bonds.
- The supreme court decided on a state liability suit concerning the merger of Credit Suisse into UBS, involving the Swiss Confederation.
The entities involved
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Credit Suisse
Swiss multinational banking institution
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UBS
Swiss multinational investment bank and financial services company
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Switzerland
country in Central Europe