UBS Can Meet Half of New Capital Need With AT1s, Lawmakers Say
A key panel of the Swiss parliament backed a compromise proposal on UBS Group AG’s capital requirements that would allow them to meet 50% of the new amount with debt,...
By Bastian Benrath-Wright · Bloomberg Markets
A key panel of the Swiss parliament backed a compromise proposal on UBS Group AG’s capital requirements that would allow them to meet 50% of the new amount with debt, handing an interim win to the Zurich-based bank.