UBS Challenges New Swiss Capital Requirements
Switzerland's largest bank protests proposed seven-year timeline for increased capital backing of foreign subsidiaries

Latest UBS news and updates from Switzerland. AI-curated articles covering UBS topics.

The Swiss Attorney General has charged a former Credit Suisse employee with money laundering in connection with over $2 billion in loans to Mozambican state companies. Successor bank UBS is also criticized for organizational failures in preventing the offense.
Switzerland's largest bank protests proposed seven-year timeline for increased capital backing of foreign subsidiaries

UBS reaches agreement with US Department of Justice over Credit Suisse mortgage securities case, paying $300 million to resolve outstanding obligations.

Swiss banking giant launches major share repurchase initiative starting July 1st, signaling confidence despite recent market challenges

Swiss government announces stricter capital requirements and enhanced supervision measures for systemically important banks, with UBS pushing back against proposed changes.

UBS CEO Sergio Ermotti tops European banking compensation with CHF14.9 million annual package, reflecting major changes in Swiss banking leadership.

Swiss government prepares to impose new capital rules on UBS following the Credit Suisse acquisition, potentially requiring $25 billion in additional capital.

Switzerland's largest bank faces technical difficulties with payment transactions, resulting in duplicate charges to client accounts, highlighting ongoing integration challenges.

Switzerland's largest bank offers to permanently limit its investment banking division as regulators consider increased capital requirements following Credit Suisse takeover.

UBS offers to permanently limit its investment banking division size to address regulatory concerns following Credit Suisse takeover, impacting Switzerland's financial landscape.

Switzerland's largest bank considers relocating its headquarters if Swiss authorities proceed with stricter capital requirements that could necessitate an additional $25 billion in core capital.

UBS chief Sergio Ermotti's 2024 compensation package of CHF14.9 million raises questions about executive pay in Swiss banking sector post-Credit Suisse merger.

Swiss bank UBS identified as 9th largest non-US investor in nuclear weapons manufacturers, with investments totaling $2.5 billion according to ICAN report.

UBS CEO Sergio Ermotti warns against 'model pupil syndrome' in Swiss banking regulation while addressing competition concerns following Credit Suisse takeover.

UBS CEO Sergio Ermotti cautions against 'model pupil syndrome' in Swiss banking regulation, emphasizing the need for balanced oversight following Credit Suisse acquisition.

From trusted Swiss news outlets