UBS Wins Interim Battle Against Swiss Capital Requirements
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UBS Group AG notched up an interim victory in its multi-year struggle against Switzerland’s push to make it hold billions of extra dollars in capital.
Lawmakers indicated that UBS can meet half of its new capital needs with additional tier 1 bonds.
UBS
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“UBS Group AG notched up an interim victory in its multi-year struggle against Switzerland’s push to make it hold billions of extra dollars in capital.”
Bloomberg — UBS Scores Interim Win in Struggle Against Swiss Capital Demands