UBS chair suggests Swiss banking giant is not ‘too massive to fail’

Fabrice Coffrini | Afp | Getty Illustrations or photos

UBS Group Chairman Colm Kelleher on Wednesday mentioned that the Swiss bank is “not also massive to fall short,” as he criticized Swiss authorities proposals to bolster its cash specifications.

Kelleher was delivering a speech during the UBS Annual Typical Meeting — the very first this kind of collecting held since the financial institution finished the takeover of its previous rival Credit history Suisse very last summer season.

“UBS is not far too big to fail. UBS is just one of the most effective capitalized banks in Europe, with a sustainable business enterprise model and a corresponding reduced-hazard equilibrium sheet,” Kelleher mentioned.

This is a breaking information tale and will be current shortly.

Resource

World

Japan exports growth surges to over 3-year high, up nearly 17% in January, as shipments to China surge

February 18, 2026

Containers at a shipping terminal in Yokohama, Japan on Oct. 18, 2021. Japan’s trade deficit surged in September as imports overwhelmed export growth. Kiyoshi Ota | Bloomberg | Getty Images Japanese exports climbed 16.8% year on year in January, sharply beating market expectations and growing at their fastest rate since November 2022 as shipment to […]

World

Stock futures are little changed as traders await Fed meeting minutes: Live updates

February 17, 2026

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., February 17, 2026. Brendan McDermid | Reuters Stock futures were little changed Tuesday night after a tepid session for U.S. equities. Futures tied to the Dow Jones Industrial Average lost 18 points. S&P 500 futures fell 0.03%, while […]

World

Meta expands Nvidia deal to use millions of AI chips in data center build-out, including standalone CPUs

February 17, 2026

Meta’s 5-gigawatt Hyperion data center under construction in Richland Parish, Louisiana, Jan. 9, 2026. Courtesy of Meta Meta will use millions of Nvidia chips in its artificial intelligence data centers, including Nvidia’s new standalone CPUs and next-generation Vera Rubin systems, in a sweeping new deal announced Tuesday. Meta CEO Mark Zuckerberg said in a statement […]