Swiss Finance Minister Demands Stricter Capital Buffers for UBS

Addressing a banking event in Zurich, Keller-Sutter emphasized that requiring robust capital reserves for international operations, particularly those in the United States, is essential for the long-term health of the Swiss financial center. She argued that being well-capitalized serves as a strategic advantage for banks rather than a burden.

While acknowledging that Switzerland may not offer the cinematic thrills of an Indiana Jones film, she positioned the country’s banking sector as a reliable and stable global partner. This push for stricter regulation comes as the government reassesses oversight mechanisms to prevent a recurrence of the liquidity crises that triggered the emergency merger of the nation's two largest banks.