US EditionUBS Expects Gradual Rule Change on Swiss Deferred Tax Assets
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7 Articles
UBS Expects Gradual Rule Change on Swiss Deferred Tax Assets
Newly-proposed rules on how to value deferred tax assets will likely be introduced gradually, UBS Group AG Chief Financial Officer Todd Tuckner said, in a step that would delay their impact on the bank’s capital requirements.
He expects a ultimately better result for all stakeholders including the Swiss economy, said CFO Todd Tuckner on Wednesday at a branch event in Berlin.
Price gains of UBS shares on the stock exchange of up to 7 per cent say almost everything you need to know about the Federal Council's decision on the direction presented on June 6 about the future regulation of UBS. Namely: Grossbank's penetrating lobbying in recent weeks has paid off. The measures presented by Finance Minister Karin Keller-Sutter are less sharp than actually necessary. At the core of the issue is the question whether, when and…
Competitors in Europe have "emerged" much more in recent years. Is large-scale redundancies now at the top of Swiss Multi? UBS's share goes up 4 percent, then down 4 percent. Finance Minister Karin Keller-Sutter is responsible for the shake course, according to UBS CEOs. Their problem is different. The country's last bank multiple earns far too little. The [...]
UBS shares slide after Swiss capital rules threaten buybacks and competitiveness
Analysts warn proposed $26bn capital boost could constrain investor returns; UBS stock drops on both Swiss and US exchanges UBS Group AG shares fell sharply on Tuesday, declining 4.84% on the SIX Swiss Exchange and 2.1% on the NYSE, after analysts warned that new Swiss government capital rules could jeopardise future share buybacks and reduce the bank’s global competitiveness. The declines came in response to Swiss legislative proposals that…
The UBS title ended Tuesday's session on the Swiss Stock Exchange in net decline, largely erasing its gains on Friday. The announcements of the Federal Council, which provides for a strengthening of regulatory measures aimed at systemic banks, were variously appreciated by analysts.
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