Switzerland’s proposal to introduce tougher capital requirements on UBS Group will be feasible for the banking giant and shouldn’t excessively reduce its shareholder distributions, the country’s ...
Swiss authorities and the country’s largest bank are in a standoff. Earlier this year, Switzerland’s banking supervisor, Finma, put forward a proposal to force UBS to hold tens of billions of Swiss ...
Hong Kong has overtaken Switzerland for the first time to become the world’s leading hub for offshore wealth management, ...
ZURICH (Reuters) -Switzerland and UBS are signalling in private a willingness to compromise on capital rules, potentially paving the way for parliament to settle on lower requirements acceptable to ...
ZURICH (Reuters) -UBS finance chief Todd Tuckner voiced his disappointment on Wednesday over proposed new Swiss capital regulations, which he said was the beginning of a possibly long process that the ...
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UBS Group (UBS) stock rose 1.4% in afternoon trading after the Swiss government proposed new capital requirements that would require UBS Group (UBS) to strengthen its common equity tier 1 (CET1) ...
The proposals will still require the banking giant to hold around $20 billion in additional buffers to prevent a repeat of the problems that brought down Credit Suisse.
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