SNB Vice Chairman Martin said he does not view strong capital requirements as a competitive disadvantage. He expressed a preference for Swiss banks to hold robust buffers and potentially gain market share from weaker foreign banks during a downturn.
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SNB VICE CHAIRMAN MARTIN SAYS HE DOESN'T THINK HAVING A ROBUST AMOUNT OF CAPITAL IS A COMPETITIVE DISADVANTAGE FOR BANKS, ADDING THAT HE WOULD PREFER SWISS BANKS TO HAVE ROBUST CAPITAL BUFFERS AND TAKE MARKET SHARE FROM FOREIGN BANKS THAT ARE 'GOING TO BE IN TROUBLE NEXT TIME THERE'S A DOWNTURN'
SNB Vice Chairman Martin: prefer robust capital buffers, take market share from foreign banks in downturnneutral 50 · impact 20
SNB Vice Chairman Martin: robust capital not a competitive disadvantage for banksneutral 50 · impact 30 · this page
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