Author: Sayali

UBS is facing an important regulatory debate in Switzerland as lawmakers consider how much capital the bank should hold to protect its foreign businesses. A Swiss parliamentary committee has backed a compromise that would reduce the amount of Common Equity Tier 1 (CET1) capital UBS must use to support its overseas subsidiaries. The decision comes after months of disagreement between UBS and Swiss authorities over tougher capital rules introduced following the collapse of Credit Suisse in 2023. The latest proposal could reduce the financial pressure on UBS while still requiring the bank to maintain strong protection against future losses. What…

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As Hyatt Regency Dubai Creek Heights Hotel GM, Vipin Khattar has to lead his hospitality team and the property to success. According to Khattar, this takes communication, mentorship and above all else, teamwork. Hotelier Middle East chatted to the GM about his time in the hospitality sector. Describe your path into hospitalityI pursued post-graduate education in Hospitality Operations at IHTTI School of Hotel Management in Switzerland, influencing my decision to pursue an international career. I started my journey with Hyatt in October 2002 and quickly rose within the organization, holding several key positions including that of director of sales and marketing at…

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