Swiss Parliament Compromise Could Lower UBS Capital Requirements

UBS Group AG could face lower future capital requirements under a compromise proposal that has emerged in Switzerland’s parliament, potentially easing the burden compared with the government’s earlier plans.

The proposal is the latest effort to soften the government’s demands on the bank. If adopted, it could reduce the capital requirements UBS ultimately faces.

UBS CEO Sergio Ermotti has said discussions with the government over the proposed capital rules will continue. The talks were covered alongside UBS’s third-quarter results and capital discussions.