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Swiss lawmakers to review alternative options for proposed new capital rules for UBS.
Swiss lawmakers delayed a decision on new UBS capital rules, extending regulatory uncertainty for the bank.
KEY POINTS
- Lawmakers are debating whether UBS must fully back foreign units with Common Equity Tier 1 capital or may use Additional Tier 1 capital.
- UBS's 2026 share buyback plans hinge on gaining clarity over potential requirements for $20 billion in additional core capital.
- The parliamentary committee is sympathetic to UBS's concerns, but the full parliament may be less receptive.
COMPANIES
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