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UBS Fights Swiss Capital Requirements After Lawmakers Back Government Plan

Legal·1 article across 1 outlet

Story updated Rewritten when the story materially grows; the wire is checked every 15 minutesAbout this data

UBS Group AG said it would keep fighting against a political push to sharply raise its capital requirements. This comes after lawmakers on Wednesday broadly sided with the government’s plan to crisis-proof the global wealth manager.

UBS

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