UBS Scores Interim Win On Capital Buffer Rules

(MENAFN- Swissinfo) UBS bank notched up an interim victory in its multi-year struggle against Switzerland's push to make it hold billions of extra dollars in capital. Select your language

Generated with artificial intelligence. Listening: UBS scores interim win on capital buffer rules This content was published on September 1, 2026 - 08:27 4 minutes Bloomberg

The Zurich-based bank should be able to use convertible debt, known as AT1s, for as much as 50% of the extra requirement, provided that those instruments are reformed, lawmakers from the key Economic Affairs and Taxation Committee of the Senate said on Monday.

+How to tame UBS without making the bank toothless

Since the collapse of Credit Suisse more than three years ago, the Swiss government has been seeking ways to make its lone remaining global bank crisis-proof. A key plank of its reform agenda is a capital requirement hike of around $20 billion, intended to make sure that UBS's foreign businesses can't sink its domestic entity.

UBS executives have argued that the measure will make it uncompetitive. The bank has tacitly backed the AT1 measures as a potential compromise.

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