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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. [Source]

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Origin: reuters.com

Category: companyNews

Topics: Swiss, COVID-19, Suisse, Credit, challenges, manage, favourably placed, banks, but big, National, activity, halted economic, markets, roiled, pandemic, deteriorated markedly, sector, banking, financial conditions, Economic, impact, handle, placed, favourably

Source: http://feeds.reuters.com/~r/reuters/companyNews/~3/HDhvk_0K5A4/credit-suisse-ubs-favourably-placed-to-handle-covid-19-impact-snb-idUSS8N2DF007