首页 News 正文

Switzerland imposes stricter capital requirements on major banks. UBS may face an additional capital requirement of $25 billion

我放心你带套猛
241 0 0

After experiencing the bankruptcy of Credit Suisse last year, Swiss authorities have proposed a capital reform plan for the banking industry. This will bring considerable pressure to UBS Group, which may face an additional regulatory capital requirement of around $20 billion.
According to insiders, Swiss Finance Minister Karin Keller Sutter has proposed that systemically important banks need to provide most or even full capital support for their overseas subsidiaries.
The person added that, according to analysts and media estimates, these changes may mean a capital loss for UBS between $15 billion and $25 billion.
Under the proposal of the Swiss finance minister, UBS's stock price fell more than 6% in Zurich last week, and closed down another 2.74% on Tuesday (April 16). As of the end of 2023, UBS's common equity Tier 1 capital was $79 billion.
Dealing with future risks
The Swiss Federal Council hopes to set higher requirements for Swiss banks of significant importance in the system, significantly increase the capital of their overseas branches, and at the same time increase the specific capital levels of banks in order to consider future risks more.
These proposals will face a significant increase in capital regulatory requirements for UBS Group. The authorities wrote in a statement last week, "According to current applicable requirements, UBS's parent company must provide 60% capital support to its foreign subsidiaries. The Federal Commission's goal is to significantly increase capital support for (banks)."
Sources have revealed that regardless of the nominal amount, Finance Minister Keller Sutter hopes that UBS's support for foreign subsidiaries will approach 100%.
It is reported that the Swiss government can change the capital system without further parliamentary approval. Government officials have stated that the relevant regulations will be implemented as early as 2026.
Independent research firm Autonomous Research analyst Stef Stalmann believes that additional capital requirements may weaken expectations for banks to repurchase stocks.
UBS executives have publicly expressed opposition to the necessity of increasing capital.
UBS Chairman Colm Kelleher objected in an interview last month, "If you have too much capital, it will be detrimental to shareholders and customers, as banking services have become more expensive. And we already have a capital buffer far above regulatory minimum requirements."
CandyLake.com 系信息发布平台,仅提供信息存储空间服务。
声明:该文观点仅代表作者本人,本文不代表CandyLake.com立场,且不构成建议,请谨慎对待。
您需要登录后才可以回帖 登录 | 立即注册

本版积分规则

  •   苹果知名分析师郭明錤周四(10月31日)在社交媒体上发文表示,苹果明年可能会减少对芯片制造商博通Wi-Fi芯片的依赖,并推出自己的处理器。   郭明錤在社交媒体平台X上写道,“在2025年下半年的新产品(例如iPh ...
    uturn
    前天 14:42
    支持
    反对
    回复
    收藏
  •   10月30日,小鹏汽车生态企业小鹏汇天宣布,旗下分体式飞行汽车“陆地航母”即将亮相2024中国航展,11月12日将在中国航展第二展区(斗门莲洲)进行全球首次公开飞行,同时“陆地航母”也将在珠海国际航展中心8号 ...
    yxtianyouyou
    3 天前
    支持
    反对
    回复
    收藏
  •   交易所监管文件显示,当地时间11月1日,亚马逊创始人杰夫·贝索斯拟出售约1635万股亚马逊股票,预计套现约30.5亿美元。今年7月,贝索斯已申请额外出售约2500万股亚马逊股票,按当时股价计算可套现约50亿美元。 ...
    blueskybb
    昨天 09:27
    支持
    反对
    回复
    收藏
  •   近日,凯撒海湾目的地(山东)运营管理有限责任公司(简称“凯撒海湾”)与携程旅悦集团签署战略合作协议,双方将围绕“海上目的地运营”、“旅游产品与服务创新”、“研学旅行”、“日韩及海外旅游市场开拓”等 ...
    llyyy2008
    昨天 11:01
    支持
    反对
    回复
    收藏
我放心你带套猛 注册会员
  • 粉丝

    0

  • 关注

    0

  • 主题

    31