Switzerland pushes for tougher bank capital rules, WSJ reports

theflyonthewall.com

In Switzerland, politicians are moving to curb the country's banking giants (UBS, CS) with new restrictions that could be more severe than those in place elsewhere. The lawmakers are looking at the banks' balance sheets, convinced that their comparatively strict banking regulations aren't enough to protect them from the effects of a potential failure, reports the Wall Street Journal.

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