government

Swiss authorities proposes powerful new capital guidelines in main blow to UBS

by
Swiss authorities proposes powerful new capital guidelines in main blow to UBS

A sign in German that reads “part of the UBS group” in Basel on May 5, 2025. Fabrice Coffrini | AFP | Getty Images The Swiss government on Friday proposed strict new capital rules that would require banking giant UBS to hold an additional $26 billion in core capital, following its 2023 takeover of stricken … Read more

Trump says he thinks the federal government has a ‘very simple case’ in opposition to Kilmar Abrego Garcia

by
Trump says he thinks the federal government has a ‘very simple case’ in opposition to Kilmar Abrego Garcia

President Donald Trump on Saturday said that it wasn’t his decision to bring Kilmar Abrego Garcia, a Maryland man who was mistakenly deported to El Salvador, back to the U.S. to face federal charges, saying the “Department of Justice decided to do it that way, and that’s fine.” “That wasn’t my decision,” Trump said of … Read more