Swiss Lawmakers Weigh Strict UBS Capital Rules
Swiss lawmakers are debating strict capital requirements for UBS following Credit Suisse. The bank faces pressure over proposed rules that could prompt an exit, while a public referendum looms.
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UBS Group AG faces strict new capital rules in Switzerland that could force the lender to weigh moving its headquarters abroad. Lawmakers in Bern are locked in a debate over higher reserve requirements following the collapse of Credit Suisse.
