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Switzerland Proposes $26 Billion Capital Increase for UBS
Regulatory move aims to strengthen financial stability post-Credit Suisse collapse
The Swiss government has proposed that UBS increase its capital reserves by $26 billion to enhance financial stability following the collapse of Credit Suisse.
The plan includes fully capitalizing foreign subsidiaries and raising the bank's Common Equity Tier 1 ratio.
UBS would have a six-to-eight-year transition period to meet the new requirements, which are part of broader efforts to reinforce the country's banking sector.
The plan includes fully capitalizing foreign subsidiaries and raising the bank's Common Equity Tier 1 ratio.
UBS would have a six-to-eight-year transition period to meet the new requirements, which are part of broader efforts to reinforce the country's banking sector.
