UBS already has enough capital for government plan, SNB says

Bastian Benrath-Wright / Bloomberg

Jul 02

UBS is awaiting Switzerland's ultimate decision on its new capital requirements. (July 2): UBS Group AG already has enough capital to meet proposed new requirements in the reform pushed by the Swiss ...

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(July 2): UBS Group AG already has enough capital to meet proposed new requirements in the reform pushed by the Swiss ...</p>\n\n<a href=\"https://www.theedgesingapore.com/news/news/ubs-already-has-enough-capital-government-plan-snb-says?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS\">Source Link</a>\n\n</div>\n","source":"edge_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>UBS already has enough capital for government plan, SNB says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUBS already has enough capital for government plan, SNB says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-07-02 06:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.theedgesingapore.com/news/news/ubs-already-has-enough-capital-government-plan-snb-says?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS><strong>Bastian Benrath-Wright / Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>UBS is awaiting Switzerland's ultimate decision on its new capital requirements. (July 2): UBS Group AG already has enough capital to meet proposed new requirements in the reform pushed by the Swiss ...</p>\n\n<a href=\"https://www.theedgesingapore.com/news/news/ubs-already-has-enough-capital-government-plan-snb-says?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IE0034235071.USD","symbol_name":"PINEBRIDGE EUROPE RESEARCH ENHANCED EQUITY \"A\" (USD) ACC","start_time":0,"source_url":"https://www.theedgesingapore.com/news/news/ubs-already-has-enough-capital-government-plan-snb-says?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS","article_id":"2648682008","we_media_id":null,"thumbnails":[],"rights":{"source":"edge_highlight","url":"https://www.theedgesingapore.com/news/news/ubs-already-has-enough-capital-government-plan-snb-says?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2648682008","pubTimestamp":1782944163,"columns":[],"sourceInfo":{"source_id":"edge_highlight","name":"Edge"},"weMediaInfo":null,"summary":"UBS is awaiting Switzerland's ultimate decision on its new capital requirements. ","collect":0,"end_time":0,"defaultTopTitle":"theedgesingapore.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"IE0034235071.USD":"PINEBRIDGE EUROPE RESEARCH ENHANCED EQUITY \"A\" (USD) ACC","IMF":"Invesco Managed Futures Strategy ETF","LU3187612489.SGD":"TEMPLETON EUROPEAN INSIGHTS \"A\" (SGDHDG) ACC","UBS":"瑞银","BK4118":"综合性资本市场","LU1863844665.USD":"TEMPLETON EUROLAND \"A\" (USD) ACC A","BK4588":"碎股","LU1829250122.USD":"高盛欧洲核心股票组合Acc","BK4585":"ETF&股票定投概念","BK4534":"瑞士信贷持仓","LU1863844749.USD":"TEMPLETON EUROLAND \"A\" (USD) INC"},"translate_title":"瑞士央行表示，瑞银已经拥有足够的资本来支持政府计划","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"IMF":1,"UBS":0.9},"content_text":"UBS is awaiting Switzerland's ultimate decision on its new capital requirements. (July 2): UBS Group AG already has enough capital to meet proposed new requirements in the reform pushed by the Swiss government, according to the Swiss National Bank (SNB). \n\nIn its annual financial stability review published Thursday, the central bank said that it continues to support the government in demanding a full capital backing of the bank's foreign units. Given that UBS has capital reserves of US$9 billion at its Swiss unit, it already has sufficient capital to meet the requirements of the proposed capital reform.\nTaking into account the transition period \"and the bank's expected profits, UBS can be expected to be able to comply with the proposed capital measures, while continuing to distribute profits to its shareholders,\" the SNB said.\nUBS is awaiting Switzerland's ultimate decision on its new capital requirements. In late April, the government watered down part of the reforms but refused to back down on its core demands. The core package is now being debated in parliament and the process is expected to last until next year. \nThe government wants to force UBS to raise the amount of common equity capital it holds domestically against its foreign operations to 100% of each unit's equity value, from 60% at present. UBS estimates that this would require it to add about US$20 billion in CET1 capital to its Swiss entity. The lender has said that the plan would severely damage its business model, and by extension hurt the domestic economy.\nLawmakers look set to reduce the government's demands, but there's also broad agreement that requirements should rise from their current levels. The committee responsible at the moment will meet again in August and could then formally propose easing.\nThe SNB, along with financial regulator Finma, has consistently supported the idea of full capital backing. The International Monetary Fund (IMF) has also endorsed the approach.\n\"As highlighted during the crisis at Credit Suisse, risks associated with foreign participations are not adequately covered by the current regulatory capital regime,\" the SNB said. \"The Federal Council's proposal addresses these risks in a targeted and proportionate manner.\"\nIn the report, the SNB highlighted that UBS is special among Swiss banks in that it can face significant losses from both domestic and foreign exposure. Stress tests showed that \"the loss potential for UBS under the various stress scenarios remains substantial,\" the central bank said.\nThe bank would be hit hardest by a global recession scenario, followed by an asymmetric recession scenario, the SNB said. It also noted, though, that UBS and most Swiss domestic banks could probably handle the most likely situations.\n\"Overall, the Swiss banking sector is well placed to face the challenges presented by the current environment,\" the central bank said. \"The SNB's stress tests for the domestically focused banks and UBS suggest that most banks could absorb the losses under relevant adverse scenarios.\"\nUploaded by Liza Shireen Koshy","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}