Swiss Bailout Rules Face Major Setback | Business and Finance News

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Recorded01 Sep 2026

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Switzerland’s finance minister is furious after a parliamentary committee gutted new banking rules meant to shield taxpayers from another Credit Suisse-style bailout. Originally demanding 100% top-tier capital for UBS’s foreign operations, the committee slashed it to just 50% plus weaker capital—something the minister calls dangerously inadequate. Even Switzerland’s central bank and regulators warn the compromise is messy and hard to enforce. While some committee members backed her stricter stance, the revised plan still faces hurdles: it must pass both houses of parliament and could even go to a public vote. The battle over UBS’s safety net rages on, with the government determined to avoid repeating history. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/641d0ac104c7e710

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