Apr 24, 2024, 3:49 PM
Apr 24, 2024, 8:47 AM

The bank is angry about the new Swiss capital requirements

Yahoo! News
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Switzerland says UBS may need more cash. The bank is fuming

A year after the failure of Credit Suisse, the Swiss government says UBS may have to find as much as $27 billion to absorb potential losses. Now, the giant Swiss lender is hitting back, saying its finances are robust.

Yahoo! News
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Source
UBS flags serious concern about new Swiss capital requirements

UBS has major concerns about Swiss government's plan to hit the country's largest lender with tougher capital requirements. UBS Chairman Colm Kelleher: "We are seriously concerned about some of the discussions related to additional capital requirements" UBS chairman: "We're seriously concerned"

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