UBS Leaving Home Would Be More Expensive, Swiss Minister Says
5 Articles
5 Articles
The investors react sloppyly to a parliament decision on stricter capital requirements in Switzerland. But then old-known speculations cause upswing. The finance minister reacts calmly.
OPINION. After the vote of the Council of States on UBS, the National to go to the end: 100% of the hard equity, without discount. Only the equity absorbs the losses over the water, before the taxpayer, without trial or surprise, writes the adviser of the general directorates and boards of directors Nabil ArissThe Council of States has decided by 33 votes to 10: UBS will have to cover its foreign subsidiaries 90% by hard equity. Better than the …
The Federal Council and the UBS are irreconcilably arguing about the level of equity. Analysts look carefully at the discussions and the media speculations about a departure of UBS from Switzerland.
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