UBS says Swiss rules easing proposals still need $13 billion extra Tier 1 capital
UBS estimates Swiss parliamentary committee proposals to ease planned capital rules would still require about $13 billion in extra Tier 1 capital, potentially met with Additional Tier 1 instruments.
UBS said on Tuesday it estimates proposals agreed by a Swiss parliamentary committee to ease planned capital rules would still require it to hold about $13 billion in extra Tier 1 capital, which could be met with Additional Tier 1 instruments.