ZURICH (Reuters) – The Swiss National Bank (SNB) said on Thursday that while profitability and market assessment for Switzerland’s two big banks Credit Suisse and UBS have diverged, they are well-placed to face the more challenging current environment thanks to improved capital. “The capital position of both banks has improved further,” the central bank said in its 2022 financial stability report. “In the case of Credit Suisse, the improved capital position is attributable to a capital increase and a reduction in exposure, while at UBS it is due to retained earnings.” Credit Suisse is reeling …