business / news / / Reuters
Kelleher: New banking rules proposed by the government are a serious risk to UBS's business model.
UBS considers new Swiss capital rules a significant threat to its current business model.
KEY POINTS
- UBS will not shrink in size and plans further growth in Asia and the United States.
- The extent of UBS's share buybacks depends on Switzerland's upcoming regulatory decisions.
- CEO Sergio Ermotti may lead UBS until late 2027 due to succession uncertainties.
COMPANIES
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