UBS Group CEO Sergio Ermotti Discusses Switzerland’s Banking Rules and Bank Runs
Switzerland's banking sector is poised for potential changes in its rules to prevent bank runs, with discussions focusing on measures that could include limits...
Euro Zone Banks Advised to Account for Property Price Risk in Capital Planning
The European Central Bank's Chief Supervisor, Andrea Enria, has urged euro zone banks to consider the possibility of further declines in property prices when...
Swiss National Bank Launches CBDC Pilot with Major Financial Institutions
The Swiss National Bank (SNB) has announced a pilot project set to commence next month, which will explore the use of central bank digital...
BBVA Forecasts South American Asset Deterioration Amid Economic Challenges and Interest Rate Pressure
Spanish banking group BBVA has expressed concerns over the anticipated deterioration of its assets in South America by the end of this year. The...
Deutsche Bank’s Transformation: Closing Postbank Branches in Response to Digital Banking Demand
Deutsche Bank is embarking on a significant transformation in response to evolving customer preferences, and their plans involve closing nearly half of their Postbank...