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Swiss Parliament Likely to Send UBS Capital Relief Bill to Upper House

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UBS UBS Group AG
$55.72 +1.49%
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  1. 1Swiss parliament expected to forward softened UBS capital rules to Senate
  2. 2Government proposal called for ~$20B additional CET1 and 100% collateral for foreign subsidiaries; compromise of 50–80% under discussion
  3. 3Using AT1 to cover part would cut direct capital burden by billions; final plan expected late this year to 2027

This 3-line summary is compiled from the report below.

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