09:00 AM EDT, 06/26/2024 (MT Newswires) -- UBS (UBS) is asking the Swiss government for clarity on new capital requirements following its acquisition of Credit Suisse, Reuters reported Wednesday, citing unnamed sources.

UBS investors are worried by signals from Swiss Financial Market Supervisory Authority Chief Executive Stefan Walter that he is considering tightening UBS capital requirements, Reuters reported.

UBS wants to know whether the company may have to add up to $25 billion to the $19 billion it has already committed to holding, Reuters said. The lender recently presented its case to Swiss regulators to limit the capital requirements, the report added.

UBS did not immediately reply 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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