Blackstone Strikes $1.6 Billion Student Housing Deal With KKR
Blackstone Inc. agreed to sell a student-housing portfolio to KKR & Co. for $1.64 billion.
Jan 26, 2022
Switzerland Orders Banks to Hold Extra Real Estate-Risk Buffer
, Bloomberg News
(Bloomberg) --
The Swiss government ordered banks to hold additional capital as a buffer against risks posed by the country’s property boom.
Banks will be forced to hold an extra 2.5% of risk-weighted assets linked to domestic residential mortgages, the government in Bern said in a statement Wednesday. The rules apply from Sept. 30.
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