Switzerland proposes forcing UBS to add $26bn in capital
‘Too big to fail’ reforms come after bank’s rescue of main rival Credit Suisse
‘Too big to fail’ reforms come after bank’s rescue of main rival Credit Suisse

Federal Council sets out plans for banking reform after months of lobbying by country’s biggest lender

Switzerland’s Federal Council this week laid out a compromise which set up another fight with the country’s biggest bank

Senate will decide whether some ‘too big to fail’ proposals should be delayed

A proposal from a cross-party group of politicians could break the deadlock with the country’s biggest bank

Decision could be published in April with foreign capital requirements component moving to parliament for debate

Bank’s year-long tussle with government will come to a head with proposals to be unveiled on Friday