Switzerland Imposes $26 Billion Capital Boost on UBS Amid Banking Reforms
TL;DR Summary
The Swiss government has proposed new strict capital rules requiring UBS to hold an additional $26 billion in core capital following its acquisition of Credit Suisse, aiming to strengthen its stability but raising concerns about its competitiveness and impact on shareholder returns. UBS supports most proposals but opposes the extreme increase, and the implementation is expected to take several years, with full compliance by 2034.
- Swiss government proposes tough new capital rules in major blow to UBS CNBC
- UBS Faces $26 Billion Capital Demand From Swiss Bank Reforms Bloomberg.com
- Switzerland hits UBS with $26 billion added capital requirement; shares rise Reuters
- Switzerland Puts Tough Banking Curbs on UBS to Prevent Another Credit Suisse WSJ
- The UBS empire’s decisive week Financial Times
Reading Insights
Total Reads
0
Unique Readers
1
Time Saved
5 min
vs 5 min read
Condensed
93%
987 → 65 words
Want the full story? Read the original article
Read on CNBC