Swiss government talks of UBS capital increase
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Swiss government talks of UBS capital increase

Sarah Ainsworth
April 17, 2024 04:18 PM
Entrance of 5 Broadgate UBS building exterior HQ headquarters sign people financial services investment bank in the City of London UK KATHY DEWITT

◆ Swiss finance minister suggests $10bn-$25bn additional capital for the single largest bank ◆ Equivalent to increase of 20-30% CET1 ◆ Changes ‘broadly positive’ for bondholders, but AT1 spreads could face pressure

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Sarah Ainsworth
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