26 mars 2025|
AI
|8 months agoUBS Proposes Investment Bank Size Cap to Swiss Regulators
UBS offers to permanently limit its investment banking division size to address regulatory concerns following Credit Suisse takeover, impacting Switzerland's financial landscape.
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Generated IllustrationKey Takeaways
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- UBS has proposed to permanently limit its investment banking division size to address regulatory concerns
- UBS currently has a self-imposed limit of 25% of risk-weighted assets for investment banking
- Swiss officials are pushing for UBS to fully back its foreign subsidiaries
- The legislation on capital rule reforms is scheduled for May
By The Numbers
$1.9 billion
UBS investment bank pre-tax profits
$11 billion
UBS investment bank revenues
$3.9 billion
UBS wealth management pre-tax profits
$24.5 billion
UBS wealth management revenues
They Said
"never expected the greatest obstacle to delivering a successful outcome would come from the same authorities who asked us to take on the Credit Suisse challenge"
"UBS's lobbying is both visible and unmistakable"