Monday, 31 August, 2026
Swiss Lawmakers Seek Compromise to Soften $20B UBS Capital Hit
By TechShots Studio
Swiss lawmakers are working to reach a parliamentary compromise to ease a proposed $20 billion capital surge for UBS following Credit Suisse’s collapse. The plan considers allowing UBS to cover part of the requirement using cheaper Additional Tier 1 (AT1) bonds rather than strict equity, balancing post-crisis financial stability with the bank's global competitiveness ahead of an upper house vote.
Read full story at REUTERS