credit suisse
Swiss Banking Regulator Wants UBS, Credit Suisse to Raise $68 Billion
Read the full article: http://www.money-rx.com/blog/2008/07/sfbc-wants-ubs-credit-s...
The Swiss Federal Banking Commission (SFBC) wants UBS and Credit Suisse to raise an additional $68.3 billion in capital (70 billion Swiss francs - 40 for UBS, and 30 for Credit Suisse) to avoid problems due to the banks' subprime exposure, expected write-downs and losses.
Vested Interest:
No vested interest- Login or register to post comments
- Email this page
