European banks including Deutsche Bank, BNP Paribas, Standard Chartered and Santander reported stronger-than-expected third-quarter profits, easing investor concerns about slowing earnings growth. UBS also reported results broadly in line with market expectations and accelerated its share buyback programme. The results come as European banking stocks face pressure from
Swiss lawmakers are preparing to debate new capital requirements for UBS next month as they look to strengthen the country’s banking system while ensuring the lender remains globally competitive. The proposed rules, introduced after the 2023 collapse of Credit Suisse, originally called for UBS to hold around $20 billion in additional Common Equity Tier 1 […]

