02:57 PM EST, 01/23/2026 (MT Newswires) -- Switzerland's finance minister is against a compromise proposal that would allow UBS (UBS) to use AT1 bonds as part of its new capital requirements, Finanz und Wirtschaft reported Friday.

Finance Minister Karin Keller-Sutter told the news outlet that the use of AT1 bonds, a type of junior debt, instead of core CET1 capital to provide full capital backing for foreign subsidiaries "doesn't solve the problem."

Switzerland is contemplating how much extra capital UBS would need to maintain after its rescue of Credit Suisse.

UBS did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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