UBS Group faces a pivotal week as Swiss lawmakers prepare to vote on capital reform proposals that could require the bank to raise between $20 billion and $26 billion in additional capital. The core requirement would force UBS to fully capitalize its foreign subsidiaries with CET1 capital under a phased implementation over seven years. UBS argues the proposals are stricter than international regulatory standards applied to competitors like JPMorgan or HSBC. The reform traces back to March 2023 when the forced acquisition of Credit Suisse left Switzerland with a single globally systemically important bank.
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