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Switzerland Revises UBS Capital Rules to Prevent Future Crises

4/23/2026

Summary

Story summary

Switzerland adjusted proposed capital rules for UBS to require about $20 billion in buffers, preventing repeats of the 2023 Credit Suisse collapse.
The Swiss government moderated demands, allowing UBS to avoid an $11 billion deduction tied to intangible assets.
Lawmakers begin debate on May 4, amid concerns about UBS's burden.
The government says UBS must fully capitalize its foreign units, while others propose partial backing with Additional Tier 1 bonds.

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Story summary

Switzerland adjusted proposed capital rules for UBS to require about $20 billion in buffers, preventing repeats of the 2023 Credit Suisse collapse.
The Swiss government moderated demands, allowing UBS to avoid an $11 billion deduction tied to intangible assets.
Lawmakers begin debate on May 4, amid concerns about UBS's burden.
The government says UBS must fully capitalize its foreign units, while others propose partial backing with Additional Tier 1 bonds.