1 Hr
Source:
الاقتصادية
Swiss committee backs UBS liquidity fee
A Swiss parliamentary committee has approved the imposition of fees on UBS bank in exchange for its benefit from the government’s liquidity support mechanism, aiming to strengthen the stability of the banking system. It is worth noting that UBS is currently the only bank meeting the criteria for these fees. The proposals include charging fees on convertible bonds and guarantees provided in advance by foreign central banks, despite objections from the Swiss banking sector, which considers it a tax on the bank.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)