Global Markets
Swiss parliamentary committee has made a decision on UBS's (UBSG SW) capital requirements
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Swiss authorities proposed a $20B-$22B capital requirement package for UBS. Parliamentary committees are reviewing potential compromises on foreign subsidiary capital rules amid strong management opposition.
News detail
Swiss parliamentary committee proposes that capital requirements for UBS's overseas subsidiaries be split evenly, with 50% covered by common equity Tier 1 (CET1) and 50% by additional Tier 1 (AT1).
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