UBS
UBS shareholder calls for bank to leave Switzerland
A major UBS shareholder is urging the bank to leave Switzerland, arguing that proposed capital requirements make the country an unattractive base.
15 days ago · 1 source
Switzerland
Major UBS Shareholder Calls on Bank to Leave Switzerland
UBS shareholder Artisan Partners is urging the bank to leave Switzerland, citing tougher capital requirements and an increasingly unattractive domestic environment. 8% stake, UBS’s response and what the dispute reveals about the future of Switzerland as a global banking base.
SWI swissinfo.ch
Julius Bär
FINMA imposes new controls on Julius Bär
FINMA has concluded a compliance procedure against Julius Bär over Signa-related lending and a money-laundering case, imposing CHF250 million in additional capital requirements and restrictions on shareholder distributions.
SWI swissinfo.ch
UBS
Swiss Senate backs tougher capital rules for UBS
The Swiss Senate has voted to require UBS to back 90% of its foreign holdings with common equity tier-one capital. The measure would substantially increase the bank’s capital buffer and intensify the parliamentary debate over Switzerland’s too-big-to-fail rules.
SWI swissinfo.ch · +1 more
UBS
The Senate has postponed its decision on stricter capital requirements for UBS’s foreign subsidiaries. The dispute pits the government’s financial-stability concerns against UBS’s warning that it could need roughly CHF18 billion in additional core capital.
SWI swissinfo.ch
Swiss banking
Swiss banks now manage more than CHF10 trillion in client assets, underscoring the resilience of the country’s wealth-management industry.
SWI swissinfo.ch · +1 more
