Banks Fear High Losses due to Covid Loans
According to the Neue Zürcher Zeitung (NZZ) the banking sector could lose several hundred million francs in the years to come due to the National Council’s decision to freeze interest rates on emergency loans linked to the Covid-19 pandemic. At…
New Giant in Banking Sector: Merge of Credit Suisse and UBS
Credit Suisse and UBS may see a conceivable merger as the chairmen of both banks are as of now considering making a single European managing an account giant, agreeing to reports. It is considered that this kind of move would…