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UBS capital loss puts radical options on the table

By Liam ProudSwiss lawmakers voted for rules requiring the bank to back its foreign units with 90% common equity. UBS says this threatens the long-term viability of its business model. For Chair Colm Kelleher, moving the headquarters or breaking the group up now look less outlandish options.Full v…

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By Liam ProudSwiss lawmakers voted for rules requiring the bank to back its foreign units with 90% common equity. UBS says this threatens the long-term viability of its business model. Full v…