UBS Group AG had hoped that the Swiss government wouldn’t make onerous demands for more capital in the wake of its hyper-profitable rescue of Credit Suisse last year. But with a balance sheet now twice the size of Switzerland’s economy, the understandable nervousness among officials has fueled their desire for better defenses.

The Federal Council of Switzerland didn’t say exactly how much more capital UBS would need, but changes announced Wednesday seem likely to postpone or diminish the share buybacks that UBS investors are hoping for in the next few years.

QOSHE - UBS’s Capital Fears in Switzerland Have Arrived - Paul J. Davies
menu_open
Columnists Actual . Favourites . Archive
We use cookies to provide some features and experiences in QOSHE

More information  .  Close
Aa Aa Aa
- A +

UBS’s Capital Fears in Switzerland Have Arrived

9 0
11.04.2024

UBS Group AG had hoped that the Swiss government wouldn’t make onerous demands for more capital in the wake of its hyper-profitable rescue of........

© Bloomberg

Get it on Google Play