The Swiss Council of States' economic affairs committee met on Monday. If it gets its way, the capital demands made by finance minister Karin Keller-Sutter will be cut back sharply.

Swiss lawmakers advance a UBS capital compromise to the upper house, potentially cutting billions from the bank's required equity buffers using

The Swiss Council of States' economic affairs committee met on Monday. If it gets its way, the capital demands made by finance minister Karin Keller-Sutter will be cut back…