Swiss vote set to determine sweeping capital reform plan at UBS
Senate will decide whether some ‘too big to fail’ proposals should be delayed
Senate will decide whether some ‘too big to fail’ proposals should be delayed

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

‘Too big to fail’ reforms come after bank’s rescue of main rival Credit Suisse

Decision on wipeout of $17bn of AT1 bonds raises questions over impact on UBS

Lender argues that proposals to significantly increase requirements have already cost investors $40bn

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

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