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Brenda Kerubo

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Swiss National Bank advocates for UBS to increase capital reserves

The Swiss National Bank supports a reform requiring UBS Group AG to maintain up to $25 billion in additional capital by fully deducting the value of its foreign subsidiaries. SNB President Martin Schlegel emphasized this approach for financial stability, despite UBS executives' opposition. Legislation on the capital rules is expected to be presented to Swiss lawmakers by May, with potential implementation by 2028.
Yahoo Finance
UBS Group AG CHE Martin Schlegel Brenda Kerubo
Finance & Economy, News Article
11:47 20.03.2025
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