Brief: UBS Group Says Today's Decision By Council Of States Would Result In A Further Excessive Tightening Of Swiss Capital Requirements

UBS AG

23/09/2026 12:59

Sept 23 (Reuters) - UBS GROUP AG UBSG.S:
IF CONFIRMED AT CONCLUSION OF ONGOING PARLIAMENTARY PROCESS, TODAY'S DECISION BY COUNCIL OF STATES WOULD RESULT IN A FURTHER EXCESSIVE TIGHTENING OF SWISS CAPITAL REQUIREMENTS
POLITICAL OUTCOME IS NOT A COMPROMISE AND FAILS TO ADDRESS ROOT CAUSES OF CREDIT SUISSE COLLAPSE
IF DECISION BY COUNCIL OF STATES IS CONFIRMED, UBS WOULD BE REQUIRED TO HOLD A TOTAL OF AROUND USD 33BN OF INCREMENTAL CET1 CAPITAL SINCE ACQUISITION OF CREDIT SUISSE
AS PARLIAMENTARY PROCESS CONTINUES, UBS WILL FOCUS ON PROTECTING ITS LONG-TERM INTERESTS
Further company coverage: UBSG.S

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