UBS is offered nationalization

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UBS suggested to nationalize Bank. It is a popular initiative of citizens Switzerland — one of the main instruments of direct democracy in the country. Authors of idea consider that UBS became too big: its assets after acquisition of Credit Suisse Group AG approximately twice exceed the size of all economy Switzerland, notes information agency "Bloomberg". On a site of an initiative it is offered to change the constitution and to add provisions that shareholder systemically significant banks has to be confederation. Photo: Whether Denis Balibouse / information agency "Reuters" Will pass UBS under control the authorities? And is it necessary? radio station "Kommersant-FM" discussed it with the partner...
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Zhilin Eugenie
Novoprudsky Semen