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Swiss lawmakers worry UBS could pressure them by curbing party funding.
Swiss lawmakers fear UBS may pressure them by reducing political party funding over new regulations.
KEY POINTS
- The proposed bill could require UBS to raise an extra $20 billion in core capital.
- UBS gave 1.2 million Swiss francs to Swiss political parties in 2025, conditional on certain commitments.
- Lobbying by UBS against the new banking rules has been described as unusually intense by the finance minister.
COMPANIES
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