UBS CEO Ermotti Says Proposed Capital Compromise 'Bearable'
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Who published it, and when
How it spread - 3 original reports
Mon, 21 September 2026
1 report- Bloomberg Politics08:03first to report
UBS Chief Executive Officer Sergio Ermotti said the idea to let the lender use a form of debt known as AT1 bonds to meet some of the capital requirements being proposed by Swiss lawmakers would be "bearable." Ermotti made the comments in an interview in Neue Zuercher Zeitung published Sunday. Bloomberg's Tom Metcalf reports. (Source: Bloomberg)
Wed, 23 September 2026
2 reports- Bloomberg Politics07:57
The upper house of Switzerland’s parliament backed a fresh compromise in the debate on UBS Group AG’s capital requirements. The plan foresees that the bank must back 90% of the value of its foreign units with the highest-quality capital, known as CET1. That’s less than the 100% backing the government has pushed for but a departure from a compromise involving heavy use of convertible debt which UBS favored. UBS has said it’s against the 90% solution. Bloomberg's Jan-Henrik Foerster reports from...
- Anadolu Agency (AA)22:15
Nation’s largest bank would have to cover 90% of value of foreign subsidiaries with high-quality equity capital