Reported 2 days ago
UBS finance chief Todd Tuckner expressed disappointment over proposed Swiss capital regulations that could require major banks to hold an additional $26 billion in core capital. Speaking at a conference in Berlin, Tuckner indicated that UBS would explore options to address these capital measures and participate in political discussions to seek a more balanced outcome. He emphasized the need for clarity and visibility on the timeline and rules while reaffirming the bank's 2025 capital return expectations.
Source: YAHOO