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Swiss Social Democrats Propose Limiting UBS's Assets Following Credit Suisse Acquisition

Switzerland's Social Democratic Party has suggested capping the size of UBS's assets after its acquisition of Credit Suisse, citing the risks posed to the country by the combined bank's balance sheet, which is estimated to be around 1.5tn Swiss francs. The party has proposed an upper limit on the bank's assets, suggesting they should not exceed half of Switzerland's GDP. This would require UBS to reduce its assets to a quarter of their current level. The proposal reflects the ongoing debate on balancing growth and stability in the banking sector and offers an opportunity for policymakers to reassess the regulatory framework.

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