Australia's Financial Regulator Imposes $1 Billion Capital Add-On on ANZ Bank
2 months ago
In a substantial move aimed at bolstering financial stability, Australia's prudential regulator has announced that it will mandate a capital add-on for Australia and New Zealand Banking Group (ANZ). The requirement, set at a formidable $1 billion, is part of broader efforts to ensure that banks maintain adequate capital reserves in response to evolving market conditions and potential economic risks.
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SNB Advocates for Full Capitalization of UBS Units Amid Market Uncertainty
2 months ago
The Swiss National Bank (SNB) has expressed a strong preference for the complete capitalization of UBS Group AG's units as the most viable solution to bolster stability within the banking sector. This stance comes amid ongoing concerns regarding the financial landscape and the resilience of major banking institutions.
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