Swiss National Bank Vice Chair Backs Robust Bank Capital
Antoine Martin argues that strong capital buffers allow Swiss banks to gain market share from foreign rivals during economic downturns.
The Swiss National Bank Vice Chairman Antoine Martin stated that banks maintaining robust capital buffers do not face a commercial disadvantage compared to their competitors. Speaking at an event in Basel, Martin argued that institutions with higher capital levels performed well after the global financial crisis by acquiring struggling rivals.
Martin expressed a preference for Swiss banks to maintain strong capital positions to capture market share from foreign lenders during future economic downturns. These comments occur as Swiss lawmakers prepare to deliberate on stricter capital requirements for UBS.
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