UBS Capital: Key Committee Rebuffs Swiss Finance Minister
11 Articles
11 Articles
After tough negotiations, the pre-advisory Commission advocates a greater role of AT1 bonds in the capitalisation of UBS, which are the most important benchmarks.
The Commission on Economy and Royalties has given its opinion on the issue of equity of UBS. It wants a less stringent solution than that of the Federal Council. This is the first long-awaited stage of a long political process.The third time has been the right one.After two postponements, the Committee on Economy and Royalties (CER) of the Council of States decided on the "lex UBS." As expected by many experts, the senators voted in favour of a …
The question of how heavily systemically relevant large banks are expected to outsource their holdings abroad with equity is likely to be addressed by the Council of State, and the competent Commission of the Small Chamber will present its requests this evening.
More than ever, Switzerland needs a wise political leadership that refrains from over-regulating corporations. We can once again be proud of the state council. Its economic commission decided with an overwhelming majority not to put any major obstacles in the way of the UBS Group. Under the leadership of Mitte-Ständerat Erich Ettlin, Obwalden, a proposal was prepared that [...]
Systemically relevant banks should not have to subjugate foreign holdings 100 percent with hard core capital. The competent Council of State commission wants to tighten the equity rules for systemically relevant banks, but in a different way than the Federal Council.
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