UBS says Swiss parliament plan needs $13 billion more capital
UBS Group said it would need to hold $13 billion in additional top-tier capital under a proposal from Switzerland’s upper legislature to overhaul banking regulations, below previous estimates.
By Joshua KirbyUBS Group said it would need to hold $13 billion in additional top-tier capital, below previous estimates, under a proposal from the Swiss upper legislature to overhaul the country's banking regulations.The economy committee of the Council of States, the upper chamber of the Swiss pa…