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UBS global units must be backed by ‘hard capital’: SNB
UBS should be required to fully back its units abroad with highest-quality equity capital, says SNB.
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swissinfo.ch
UBS ‘Hard Capital’ Plan Restated by SNB’s Martin Before Vote
(Bloomberg) -- UBS Group AG should be required to fully back its units abroad with highest-quality equity capital in Switzerland, a senior central bank official reiterated.
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cryptobriefing.com
UBS must fully back foreign units with top-tier capital, Swiss central bank says
The Swiss National Bank says UBS needs roughly $20 billion in additional CET1 capital to fully back its foreign subsidiaries under proposed new
