Credit Suisse, UBS favourably placed to handle COVID-19 impact – SNB
Economic and financial
conditions for the Swiss banking sector have deteriorated
markedly as the COVID-19 pandemic roiled markets and halted
economic activity, the Swiss National Bank said on Thursday, but
big banks UBS and Credit Suisse are favourably
placed to manage challenges.
conditions for the Swiss banking sector have deteriorated
markedly as the COVID-19 pandemic roiled markets and halted
economic activity, the Swiss National Bank said on Thursday, but
big banks UBS and Credit Suisse are favourably
placed to manage challenges.
Posted by Reuters
