The Swiss government has proposed strict rules for UBS, forcing the bank to hold an additional $26 billion in core capital after taking over Credit Suisse. UBS will have 6-8 years to implement the requirements, which include fully capitalizing foreign subsidiaries. UBS executives consider the requirement excessive and harmful to competitiveness. The measures are designed to protect taxpayers and prevent future crises in the wake of the Credit Suisse collapse. The government suggests the regulations could be adjusted depending on UBS's reaction.
Sources
Elveţia impune UBS cerinţe suplimentare de capital de 26 de miliarde de dolari; acţiunile băncii au urcat
Elveţia impune UBS cerinţe suplimentare de capital de 26 de miliarde de dolari; acţiunile băncii au urcat
Elveția impune restricții celei mai mari bănci din țară, pentru a preveni o nouă criză bancară
Lovitură majoră în plin pentru gigantul bancar UBS, una dintre cele mai mari bănci din Europa: Guvernul elveţian vrea cerinţe de capital mai stricte, iar asta înseamnă că UBS trebuie să mai aducă 26 de mld. de dolari la capitalizare
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