Swiss committee backs UBS support for foreign subsidiaries with 50% CET1
Jefferies’ Joseph Dickerson and Theo Massing say UBS’s capital backing negotiations for foreign subsidiaries are fading as an issue. Switzerland’s Economic Affairs and Taxation Committee recommended allowing support at 50% CET1 and 50…
UBS Group's negotiations over capital backing for foreign subsidiaries continue to wane as an issue, Jefferies' Joseph Dickerson and Theo Massing say.
The Swiss Senate's Economic Affairs and Taxation Committee on Monday recommended allowing UBS to support foreign subsidiaries with 50% CET1 and 50…