01:19 PM EDT, 03/17/2026 (MT Newswires) -- UBS Group ( UBS ) is still trying to persuade the Swiss government to soften its plans for fresh capital requirements ahead of a decision expected in April, Bloomberg reported Tuesday.

A parliament document shows the executive arm will decide on proposal for capital backing of UBS's foreign units and is also expected to set new rules for valuing intangible capital, according to the report.

Switzerland's largest bank said in a recent impact assessment that the current plans would add $22 billion in new capital demands for UBS relative to the end of last year, Bloomberg added.

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

(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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