Swiss parliament’s panel backed a compromise on UBS Group AG’s capital requirements, allowing the bank to meet 50% of the new capital amount using debt. The move is an interim regulatory win for UBS as it reduces the immediate equity/balance-sheet burden while requirements are phased in.
Swiss parliament’s panel backed a compromise on UBS Group AG’s capital requirements, allowing the bank to meet 50% of the new capital amount using debt. The move is an interim regulatory win for UBS as it reduces the immediate equity/balance-sheet burden while requirements are phased in.
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