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UBS Can Meet Half of New Capital Need Via AT1, Lawmakers Say
(Bloomberg) -- A key panel of the Swiss parliament said UBS Group AG should be able to meet half of its new capital requirements by using convertible bonds known as AT1s, handing an interim win to the Zurich-based bank.
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Swiss lawmakers advance UBS capital compromise to upper house
Swiss lawmakers advance a UBS capital compromise to the upper house, potentially cutting billions from the bank's required equity buffers using
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UBS wins partial relief as Swiss lawmakers back AT1 compromise on capital rules
Swiss lawmakers advance a compromise letting UBS cover half its new capital needs with AT1 bonds, potentially cutting a $20B burden to around
