UBS call prompts rethink of European bank AT1s
![A 50g gold ingot issued by the Swiss bank UBS.](https://assets.euromoneydigital.com/dims4/default/683bf0f/2147483647/strip/true/crop/4032x3024+0+0/resize/840x630!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2F6d%2F82%2F081884924891921cd29cbaa43f84%2Fdrgjk8.jpg)
Swiss bank's decision to call the deeply subordinated debt has increased the pressure on other big European lenders to follow
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