UBS Rejects Swiss Parliament's New Capital Requirements Decision
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UBS Group AG rejected the latest decision by the Swiss parliament which would impose substantial new capital requirements. The bank stated it will focus on protecting its long-term interests.
UBSSwiss parliament
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“UBS Group AG rejected the latest decision by the Swiss parliament which would impose substantial new capital requirements, saying it will focus on protecting its long-term interests.”
Bloomberg — UBS Says Swiss Parliament Capital Decision Is Not a Compromise