UBS to return capital with Finma-friendly reorganisation

By Nathan Collins, Owen Sanderson
08 May 2014

UBS released first quarter results on Tuesday, extending a run of weak opening-quarter results from financials with a 41% decline in investment banking profits.

Nevertheless, the Swiss bank remains a market darling on the back of its wealth management business, as it announced plans to pay out at least 50% of net profits to shareholders and restructure the group to lower its capital requirements with Finma, the Swiss regulator.

“UBS is our top ...

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