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UBS Ermotti says capital rules will impact Swiss financial centre for decades

UBS Ermotti says capital rules will impact Swiss financial centre for decades

- The political debate on capital rules for UBS UBSG.S will influence the future of the Swiss financial centre for the next decades, UBS CEO Sergio Ermotti said on Tuesday.

He said that UBS was a benefit and not just a risk for Switzerland, but was concerned the debate was driven by incomplete information, he told an event in Zurich ahead of a parliamentary decision on Wednesday.


(Reporting by Ariane Luthi, writing by John Revill)

((John.Revill@thomsonreuters.com; +41 41 528 36 37; Reuters Messaging: john.revill.thomsonreuters.com@reuters.net))

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