Swiss authorities and banks, including UBS, are discussing new measures to prevent bank runs, a move that could have an impact on billions of deposits, the report said.。

Sources said the talks were part of a broader review of Switzerland's domestic banking rules, aimed at the country's top banks and likely aimed primarily at those banks' wealth management clients.。

Measures under discussion include phased withdrawals for a larger proportion of withdrawals。In addition, charging a fee for exit is one option under discussion。At the same time, the discussion mentions rewarding customers with higher interest rates for long-term savings。

However, discussions are at an early stage.。A representative of the Swiss Finance Ministry said the bank run issue was part of an overall assessment of Switzerland's "too big to fail" regulatory framework.。the swiss government will release a report next spring, he added。

SNB says review of "too big to fail" rule for so-called systemically important banks still underway。

In Switzerland, UBS, Raiffeisen Group, Zürcher Kantonalbank and PostFinance are considered systemically important banks whose failure could cause serious damage to the country's economy and financial system.。

A spokesman for PostFinance said it was not involved in the discussions, while other banks did not respond.。

Earlier this year, after the Silicon Valley banking incident in the United States, a number of small and medium-sized U.S. banks, including Silicon Valley Bank, as well as Credit Suisse, suffered a massive deposit run, which eventually led to the collapse of a number of banks.。Since then, regulators around the world have been exploring ways to prevent a similar financial crisis.。

For regulators, bank run risk is one of the key topics being discussed。Today, banks are becoming more digital, which has led to a sharp increase in the rate of run risk。And the wealth management departments of big banks tend to have more concentrated deposits than some of their retail bank competitors, which becomes a weakness for these banks。

Credit Suisse, for example, suffered an outflow of CHF 111 billion in the last quarter of 2022.。Another CHF 61 billion was lost in the first quarter of 2023, with the wealth sector serving high net worth clients being the hardest hit.。After suffering such a massive outflow of funds in six months that directly crushed the bank of Switzerland's second-largest bank, Credit Suisse was then forced to let UBS buy it, with the intervention of the Swiss authorities.。

While it's still early days, new measures being discussed in Switzerland to prevent bank runs are already making some banks nervous.。The new rules could weaken the competitiveness of some banks or, in more extreme cases, lead customers to withdraw their capital first.。

UBS, as Switzerland's biggest bank, could bear the brunt of。Last month, it was revealed that UBS was trying to attract customers with higher-than-market deposit rates.。