KM Financial Solutions | UPDATE 1-Credit Suisse, UBS favourably placed to handle COVID-19 impact – SNB
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UPDATE 1-Credit Suisse, UBS favourably placed to handle COVID-19 impact – SNB

UPDATE 1-Credit Suisse, UBS favourably placed to handle COVID-19 impact – SNB

Economic and financial
conditions for the Swiss banking sector have deteriorated
markedly due to the COVID-19 pandemic, the Swiss National Bank
said on Thursday, but big banks UBS and Credit Suisse
are favourably placed to manage challenges.

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