UBS (UBS.US) faces setback in parliament over new capital rules as Swiss upper house passes 90% overseas subsidiary CET1 support plan
智通财经2026/09/23 09:21According to Golden Ten Data, the Swiss Federal Council (Upper House) has voted to approve a compromise solution on capital requirements for UBS Group (UBS.US). This plan largely adopts the government's demands and represents a setback for the bank.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Slovakia proposes convening a special EU summit to discuss fuel price issues.
AI trend continues to drive momentum, global tech stocks lead gains, bond markets strengthen collectively, and oil prices may experience the longest decline in a year.
The Seoul Composite Index in South Korea rose 0.49%, paring some of its early morning gains. Brent crude fell 1.2% to around $94 per barrel, facing its longest losing streak in nearly a year. The decline in oil prices has eased market concerns over inflation, which had previously been driven up by yields reaching multi-decade highs, putting pressure on the bond market. Both Australian and New Zealand 10-year government bond yields dropped by at least 3 basis points, while US Treasury futures climbed in tandem.
Crypto prices
More
