Swiss banks practically shot down ‘Basel III Final’

The Swiss regulation for banks’ own funds as well as some Finma rules are to be adjusted. However, the planned changes are not at all palatable to the local financial institutions.
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The Swiss regulation for banks’ own funds as well as some Finma rules are to be adjusted. However, the planned changes are not at all palatable to the local financial institutions.
Read moreMagdalena Martullo-Blocher has taken a swipe at parliamentarians. In doing so, the SVP national councillor and entrepreneur has hit a sore spot.
Read moreThe Swiss retail trade cannot complain about declining revenues. Even excluding inflation, sales know only one direction.
Read moreThe Swiss Central Bank (SNB) has weakened the franc for years and has accumulated many capital investments in the process. These are now losing value and causing its own funds to shrink.
Read moreThe bank Credit Suisse is in a deep crisis. A strategy adjustment gives the important credit institution new self-confidence.
Read moreEconomic forecasts are often off the mark. As current examples show, interested parties should also pay attention to other signals.
Read moreThe Swiss government is notoriously cash-strapped and desperate for revenue sources. Now it seems to have found a solution to a controversial tax issue.
Read moreThe capriciousness of the capital markets has taken its toll on Swiss pension funds. Hundreds now have a funding ratio of less than 100 percent.
Read moreDozens of tankers carrying liquefied natural gas are parked off the coasts of Europe. This is surprising, because there is a shortage of supply everywhere. But one explanation sounds logical.
Read moreFormer federal councillor Doris Leuthard has revealed details of her new project. It involves really big things for Switzerland.
Read moreThe impression is created that everyone could wish for something from the state. Yet Switzerland’s finances are completely stretched to the limit. So what is to be done?
Read moreSwiss foreign trade remained up in the third quarter of 2022. Two goods and two countries in particular stand out.
Read moreSwitzerland urgently needs a highly-qualified workforce. But the country’s largest party is not playing along with the most obvious solution.
Read moreThe decision of the Federal Assembly to amend the Energy Act is causing displeasure. Now two dozen citizens are fighting back in federal court and their arguments are hard to dismiss.
Read moreFamed economics professor Vernon Smith is known for his calls for the greatest possible freedom for business. Is he changing his mind because he is now blessed with age wisdom?
Read moreUnemployment insurance was once financially unbalanced and in debt. However, the measures taken since the beginning of the millennium are having an effect.
Read moreInflation has increased significantly over the course of the year. Now there are further signs that the end of the line has been reached in terms of buoyancy.
Read moreBossard Group, which operates as a supplier to industry as well as in logistics, is accelerating its growth. This is good news.
Read moreEx-defense minister Ueli Maurer was desperate to have a Swiss jet for the federal government. And the purchase was a worthwhile investment.
Read moreThe Axpo electricity group has been given more financial leeway. Nearly two dozen new banks are playing a role.
Read moreSwitzerland is desperately looking everywhere for workers. The statistics even show effects that were never thought possible.
Read moreA package of reforms on capital requirements for banks is currently being drafted. Known as “Basel III Final,” the project goes too far for Swiss banks.
Read moreSecuring the power supply in Switzerland produces unbelievable decisions. The country of snail’s pace suddenly throws all principles overboard.
Read moreThe Federal Office of Public Health (FOPH) normally monitors very closely how health insurance companies calculate their rates. If necessary, officials intervene – but apparently, not with all.
Read moreThe National Cyber Security Center of Switzerland (NCSC) and the federal departments want to manage cyber incidents together. However, the whole thing is not working at all.
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