UBS Group Urges Swiss Government to Reconsider Capital‑Requirement Plan

Swiss banking giant **UBS Group AG** has formally urged the **Swiss government and regulators** to reassess their proposed banking capital rules, arguing that the current plan would impose *disproportionate* costs and could weaken the bank’s global competitiveness. The recommendations come as Switzerland reviews banking regulations following UBS’s acquisition of **Credit Suisse** in 2023. Under the current proposals, UBS might be required to hold significantly more capital — including fully covering the risks associated with its foreign subsidiaries — which could mean tens of billions in additional equity. UBS says the plan’s assumptions are extreme, could raise costs by billions annually, and risk hampering its business model and lending capacity. Instead, UBS is advocating for less‑costly alternatives such as greater use of Additional Tier 1 (AT1) debt and bail‑in instruments, similar to rules in the EU and UK, and warns that punitive capital requirements might prompt a rethink of its strategic footprint. Swiss lawmakers are debating possible compromises that could ease some of the burden. #UBS #SwissBanking #CapitalRules #FinancialRegulation #SlimScan #GrowthStocks #CANSLIM