02:49 PM EDT, 03/18/2025 (MT Newswires) -- UBS (UBS) is facing potential higher capital requirements in stages over several years, Bloomberg reported Tuesday, citing Switzerland's Financial Market Supervisory Authority Chief Executive Stefan Walter in an interview.
The phased rollout may benefit UBS in the short term, but Walter indicated there will be no leniency in requiring full capital backing for foreign units, which could increase the bank's capital requirements by up to $25 billion, according to the report.
Neither UBS nor Finma immediately responded 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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