UBS’s Colm Kelleher slams ‘extreme’ plan for 50% more capital

UBS Investment Bank Cap Is Up to Them, Keller-Sutter Says

Swiss Finance Minister Karin Keller-Sutter gave a cold shoulder to UBS Group AG’s offer of a permanent cap on the size of its investment bank, suggesting it won’t do much to change her mind on future capital requirements.

At the General Assembly, the Bank also discusses its relationship with Switzerland. Living together is complicated right now.

UBS’s Colm Kelleher slams ‘extreme’ plan for 50% more capital

Swiss government and watchdog propose higher requirements for lender that rescued Credit Suisse

The UBS should increase its equity, demand authorities. Where does it stand in comparison with other large banks?

Swiss bank lobby UBS warns on rehabilitation risk

Zurich, April 11 (Reuters) – Switzerland’s main banking lobby said on Friday that the Swiss economy could face serious consequences. If UBS was overcome, warned of the risks of killing the bank with extreme rules. The Switzerland is portraying strict banking rules to make the region more strong after 2023 collapse of Credit Suisse. UBS ... Read more The post Swiss bank lobby UBS warns on rehabilitation risk appeared first on The Local Report.

UBS still does not want a tougher capital regulation. At the general meeting on Thursday in Lucerne, its president Colm Kelleher argued that the institution is already subject to some of the "most stringent" requirements in the world.